Bullboard - Stock Discussion Forum 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... see more

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CGX Energy Inc > easy $100 /share

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Post by Frank007 on May 06, 2021 8:00pm

easy $100 /share

each hit by exxon hess was about 300 milion ....frontera only has 97 million shares each share has a claim on 82 % of the barrels .... at approx 20 to 25 $ after lifting costs you can see where i am going here ...now mayby i am a little high but if the leases will imediatly be more valuable so my $100 / share stands .....

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Comment by jada13 on May 06, 2021 8:39pm

With oil $100 a barrel I could see FEC up and around that price..I can see CGX hitting $10 like African Oil did back in 2012.I just love that word parabolic,.

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CGX Energy Inc