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 > Trading

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Comment by westcanprideon Oct 16, 2024 11:59am

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Post# 36268275

RE:Trading

Any positive momentum on CGX is definitely welcome Taal. As we can see on the US side, a massive iceberg of shares exist at .15 usd. For anyone to suggest CGX is traded with any form of natural free market flow is delusional. CGX is as manipulated as they get.

After tomorrow, Frontera's joke of a SIB finally ends. Hopefully following this, news finally starts coming out from both CGX and FEC regarding block status, potential farm down and god forbid port operations.

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