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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
> TOTAL ENERGY
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(87)
•••
firo1988gt
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Post by
firo1988gt
on May 26, 2024 7:12am
TOTAL ENERGY
https://oilnow.gy/featured/some-winners-of-guyana-oil-auction-to-find-new-partners-jagdeo/
G
LTA FIERO
(547)
•••
Frank007
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Comment by
Frank007
on May 26, 2024 1:18pm
Good luck finding any one willing to invest here now ...all the excitement has turned to offshore Namibia .....dead money in Guyana....
(255)
•••
Kelvin
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Comment by
Kelvin
on May 27, 2024 6:42am
Frank, OK so let's see how my thesis plays out. My thesis is that oil prices will decline over an extended period of time as the slope of the slope (second derivative) of the supply curve gets more positive like walking up a hill where the slope gets steeper as you climb while the second derivative of the demand curve decreases like walking up a hill where the slope starts to level or flatten
...more
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