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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 > Guyana Considers Creating Own State-Owned Oil Company
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Post by mark92 on Apr 20, 2022 6:21am

Guyana Considers Creating Own State-Owned Oil Company

Guyana Considers Creating Own State-Owned Oil Company


  • Guyana considers creation of state-run oil company.
  • Guyana President: diversifying Guyana's economy is crucial.
  • Guyana will look for a “strategic partner” to run a state-run oil company.
Guyana has been inundated with oil company interest after Exxon made its initial discovery since 2015, and Guyana will now look for a “strategic partner” to run a state-run oil company—potentially from the Middle East.

https://oilprice.com/Energy/Crude-Oil/Guyana-Considers-Creating-Own-State-Owned-Oil-Company.html
Comment by RightAngle45 on Apr 20, 2022 6:45pm
whats the chance of these guys spudding wei-1 in May. ?????
Comment by tiger77 on Apr 20, 2022 8:18pm
Zero
Comment by waitingstill on Apr 20, 2022 10:08pm
Lol. Can there be a way to convey an even less chance than zero because that would be appropriate as well. We are looking into Sept or Oct. May would be a good month for a JV announcement though...
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