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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...
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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TSXV:OYL - Post Discussion
CGX Energy Inc
> GREG MANNARINO
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•••
CLOUDER
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Post by
CLOUDER
on Nov 26, 2021 9:59am
GREG MANNARINO
WATCH him on you tube, he has his finger on it man. imo.
(1149)
•••
Dirksidetrack
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Comment by
Dirksidetrack
on Nov 26, 2021 10:21am
So what he's saying is that it's "risk on" like Bloomberg likes to call it. But at least they identify the risk which now is that South African coronavirus variant.Hey man, that variant shuts down economies then there's no safe place to park your money or no hedge to protect it. See what you just implied? Cgx sp depends on future oil price. Hess CEO said that their Liza E&
...more
(1437)
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CLOUDER
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Comment by
CLOUDER
on Nov 26, 2021 10:36am
no man he has always said that oil will be going up, even when oil was -$44 that day a year ago . he is a major bull on oil and he has been right. i believe he has got the bug and macro down to, but thats my oppinion. ps hey GAS is up lol. the market is bs but it is what we got now and oil will be
...more
(1149)
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Dirksidetrack
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Comment by
Dirksidetrack
on Nov 26, 2021 11:19am
Yeah no shyte about energy costs. You can google it yourself cause too drunk on rum right now to be bothered to look for and post links. But French utilities yesterday report paying 670 euros per megaWatt-hr (their cost) for energy inputs to produce electricity. Think about that! 670 euros per megaWatt- hr is 0.67 euros per kiloWatt-hr or about $1 Canadian per kiloWatt-hr. In Canada max rate is
...more
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