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 > Wishfull thinking or a good bet ?

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Comment by Kelvinon Sep 25, 2024 9:56pm

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Post# 36241445

RE:RE:RE:RE:Wishfull thinking or a good bet ?

Thanks Frank but I'm not buying into it. I posted it because I know that a couple of posters are into mining stocks. I'm not. I'm more into food, energy, pipelines. Waiting for Trump to build a water pipeline from the Columbia River in BC down to southern California. Lol. Seriously though I'd buy into that. Most of the US is now in drought, even Appalachia. Check out the US Droughr Monitor website. Ogallala aquifer running real low in the great plain states. I think that water will become very valuable. No water, no food. Not good.

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