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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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Dance partner for JV selected
View:
Post by oilinvestor2022 on Feb 17, 2022 5:17am

Dance partner for JV selected

One promising item on the frontera release is that there is no mention of them having to do a financing. That would indicate that something will be announced shortly!!!!

An emphasis was placed on buying back shares but no mention of financing!!! That is GOOD news!!!!  I don't think frontera could just write a cheque for $120 million or perhaps $150 million with cost overruns.

A release will reveal the dance partners identity!!! Soon!!!

good luck to all

do your own due dilegence!!!

oil investor
Comment by Dirksidetrack on Feb 17, 2022 8:05am
Oilinvestor2022, Any news on new trade missions/offices/banks opening up in Guyana? I did read that they want to take their stock exchange electronic and integrate it with other exchanges.Money is really going to start flowing there. In Venezuela, the reverse is happening. The UK sees more economic contraction in the short to medium term. The UK is shutting down its trade office in Venezuela ...more  
CGX Energy Inc
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