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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Subject to Documentation.
View:
Post by Devanand1 on Dec 04, 2020 2:32pm

Subject to Documentation.

Another possibility - I doubt whether the government will sign a seperate  agreement for Corentyne. Perhaps, they are waiting to conclude the negotiations for Berbice and Demerara blocks before signing the documents. Who really knows? At this point, no one really knows what it means, except for the parties involved..
Comment by AnMar on Dec 04, 2020 2:54pm
Exactly my point, who knows what it means, certainly none of us do, so why throw it in there? In my opinion, all it does is add uncertainty.
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