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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
> Not much chatter ?
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(541)
•••
Frank007
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Post by
Frank007
on Dec 16, 2023 6:29pm
Not much chatter ?
Everyone give up ? ..
(40)
•••
Miftee9
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Comment by
Miftee9
on Dec 17, 2023 12:44pm
If 650M barrels of oil is not going to move the share price, there is nothing to talk about. Just have to wait for a deal to take place and hope we dont get screwed. No longer in our hands.
(363)
•••
Harel1976
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Comment by
Harel1976
on Dec 18, 2023 4:52am
This amount is the potential boe in the mastrichian, that to prove needs more exploration wells which they call appraisals though they are not appraisals. They gave up on the deeper layers as its not economical and takes 6 months to complete a well. Its a fraud and no company will jv, imho. Cgx mc is 100$us, over valued by multiples, still a long way to fall. I would reconsider if i
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