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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 Kelvinon Sep 24, 2024 8:46pm
60 Views
Post# 36239448

RE:RE:RE:Nibbling!

RE:RE:RE:Nibbling!Yeah Frank, information is power. From the days of Henry the Navigator in Portugal who developed charts and maps gleabed from info provided by BartolemewDiaz, Vasco de Gama about the sailing toutes to get to the riches of India's and Asias spuce sources. They kept the maps and charts in forts guarded by hundreds of people. In those days those maps were were worth thousands of ounces of gold per ounce of the paper they were printed on, esoecially when Amerigo Vespucci discovered the American continents.

Anyway, those eho have the info on Corentyne have the potential to make lots of gold. Canadian investirs paid big money in order to acwuire that info. Now they're being screwed. Wrlcome to Guayana!
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