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 > QUESTION

<< Previous

Bullboard Posts

Next >>

Comment by Udinese69on Sep 07, 2024 2:50pm

142 Views

Post# 36213286

RE:RE:QUESTION

Pls provide accurate proof of your . With the exception of Suresh, none of the board own any shares (which is a red flag)
Just asking you to confirm your comment and show proof ?
My info is,

CGX Energy Inc. (OYL) has a concentrated ownership structure. The top two shareholders own approximately 76.44% of the company ¹. This significant ownership concentration can influence company decisions and strategic direction.

Who are the the top TWO?
Lots of questions to be answered!

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals