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 > Hit or Miss

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Post by SportyJ on Aug 11, 2022 11:20am

Hit or Miss

Gonna be a long 8 months or so with nothing to discuss but financial minutia, options, severance packages, thresholds, tsx regs, etc etc. These are all moot with a good old fashion oil discovery (in paying quantities). Was supposed to be Kawa (maybe it was). Now it's Wei. Appears Cgx can't even officially relinquish D & B blks much less finish the Bernice port on or ahead of schedule. So sad that Cgx was the first to Guyana and they are getting competitively whipped on every front. Let's wait for Maersk Discoverer to sail south. Just no catalyst(s) on the immediate horizon to move the sp substantially higher, though stranger things have happened. We shall still wait and see. All imo.

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