CGX Energy Inc
XTSX:OYL
CGX Energy Inc
CGX Energy, Inc. engages in the acquisition and exploration of oil and natural gas properties. The company is headquartered in Toronto, Ontario. The firm is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep water port in the Berbice, Guyana. The firm holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The firm has drilled two operated exploration wells on its offshore Corentyne Block and drilled three more exploration wells on its onshore Berbice Block. In addition, it has acquired and processed over 7,000 square kilometers of three-dimensional (3D) seismic data on its offshore licenses. The firm through its wholly owned subsidiary, Grand Canal Industrial Estates Inc. is engaged in the development of the Berbice Deep Water Port in Region 6, Guyana. Its other subsidiaries include CGX Resources Inc., ON Energy Inc., and others.
CGX Energy, Inc. engages in the acquisition and exploration of oil and natural gas properties. The company is headquartered in Toronto, Ontario. The firm is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep water port in the Berbice, Guyana. The firm holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The firm has drilled two operated exploration wells on its offshore Corentyne Block and drilled three more exploration wells on its onshore Berbice Block. In addition, it has acquired and processed over 7,000 square kilometers of three-dimensional (3D) seismic data on its offshore licenses. The firm through its wholly owned subsidiary, Grand Canal Industrial Estates Inc. is engaged in the development of the Berbice Deep Water Port in Region 6, Guyana. Its other subsidiaries include CGX Resources Inc., ON Energy Inc., and others.