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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Comment by LCSullaon Jun 13, 2024 12:49pm
195 Views
Post# 36087407

RE:Raise your hand !!!

RE:Raise your hand !!!I'm a glutton for punishment.  I've finally made back trading all the losses this loser cost me last year.  I don't believe they have anything close to 500 million barrels of bullst but I'll bite this sandwhich for sts and giggles again.  10000 @ 21.5 centavos.  Got filled 2000.  Something with this nothing burger has to happen one way or the other soon.  It all went bad when they lost the tool to measure.  I heard they drilled under a boulder and it squashed.  Had to go all the way around and then back down for another tens of thousands of feet to find nothing in the santorian.  Capmpian it is then.  Always have nearby Kawa filled with condensates.  Condisates and aggregates what a winning combo.
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