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.

TSXV:OYL - Post by User

CGX Energy Inc > NOTHING

<< Previous

Bullboard Posts

Next >>

Comment by IceDog13on Aug 22, 2024 10:42pm

193 Views

Post# 36192882

RE:RE:RE:RE:RE:NOTHING

I am out Frank... sold a long time ago. I made good money on CGX.

You have been buying all the way down from $3+ to $0.155... do you know how the game is played? The game is to make money not lose it, at least that is the way I play. If the Notice of Commercial Interest is not granted, OYL is close to worthless. No share manipulation will change that.

If you are questioning why I am still here...if the Notice is accepted, I would postulate that means they have found a partner to drill with, and give up a percentage to be carried for a few wells. In that scenario there would be value and another opportunity to make a few bucks. If not though, I am risking $0!

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant