CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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.

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CGX Energy Inc > Extention

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Comment by Frank007on Jul 05, 2024 12:06pm

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Post# 36119846

RE:RE:RE:Extention

Frontera controls cgx ...any new development ...would have to include all cgx shareholder of which ...frontera has 78% of cgx shares ...so it obvious to me if this was in production cash flowing cgx shares would be worth about $13 each ...frontera would be very happy with that ...I,m sure I would be too ...how's about you and she drill ..lol...even as a farm down the cgx share should be around $3.... thanks for the input

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