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 > Potential commercial interest

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Comment by Kelvinon Dec 13, 2024 6:58pm

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Post# 36361969

RE:RE:RE:Potential commercial interest

See what's happened Frank? They've managed to frame the discussion within law suits and ports and away from the info that WCP had been clamouring for, for the last few years. What results support 600 million recoverable? Publish them. That would definitely be material info. Suspicions are that Jagdeo is part of some distraction and sp suppression campaign. That's why most investors are gonna stay away from anything Guyana.

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