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 > Jagdeo trying to pluck the golden goose …

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Post by Frank007 on Nov 25, 2024 9:01am

Jagdeo trying to pluck the golden goose …

Typical banana republic ....no one in their right mind will in vest in Guyana now under the the new psa ...quite the scam gov,t .....trying to buy votes with Exxon money ...just like Canada ...scam contry to invest in too....

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Comment by westcanpride on Nov 25, 2024 9:22am

Your definitely not wrong Frank. Governments always have a tendency to screw up good things. Without Exxon JV exploring, appraising and ultimately producing all this Guyana oil (which has cost already >$50 Billion USD), Guyana would still be a third world country that few people would be able to pin point on a map. I just hope Jagedo does not destroy Corentyne by screwing with the block ...more

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Comment by Kelvin on Nov 25, 2024 11:10am

Yeah wcp, in the oil patch investor world people are avoiding anything Guyana like the plague. But I'm sure that they'll list new companies gaining access to Canadian capital markets trying to equity finance new projects. Go list on the Guyana exchange.

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