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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
> Hard to believe …
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Frank007
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Post by
Frank007
on Mar 18, 2024 2:12pm
Hard to believe …
After 20 years ..and jaguar 1 .....eagle 1 ....boarder dispute ,....a $42 dollar stock that was is $.40 cents and still around ....like wow ...
(261)
•••
Kelvin
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Comment by
Kelvin
on Mar 18, 2024 2:52pm
There was a 10 to 1 consolidation Frank. I forget when. A few years back. This current price of around 40 cents would have been 4 cents without consolidation. When I worked on the Saratoga drilling Eagle-1 the sp was around $1.30 pre-condolidation or $13.00 post consolidation. You can do the math. From $1.30 to 4 cents. Why don't I buy some people may wonder. I wanna see some flow tests. That&
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