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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
> What the f is up with this p o s …
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Frank007
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Post by
Frank007
on May 07, 2024 4:17pm
What the f is up with this p o s …
Majors are pouring money into deep water drilling and here you have 2well discoveries you can not give away ...I say again what the fu ..is here
(498)
•••
westcanpride
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Comment by
westcanpride
on May 07, 2024 8:56pm
Not too worry Frank. The technical folks working for CGX and FEC keep getting their monthly salaries. Hell, FEC just forked out millions in stock options to a bunch of people. Look at a guy like Lacy... fuc*ed up two wells (massively over budget, didn't collect pertinent data, etc) and yet he still is rewarded with massive amounts of cash each month. CGX and FEC might not give
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