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CGX ENERGY INC - $CGXEF STOCK NEWS

Welcome to our dedicated page for CGX ENERGY news (Ticker: $CGXEF), a resource for investors and traders seeking the latest updates and insights on CGX ENERGY stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CGX ENERGY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CGX ENERGY's position in the market.

Rhea-AI Summary
CGX Energy Inc. releases audited financial statements for 2023 and provides updates on Wei-1 well drilling, net pay discoveries, joint operating agreement amendment with Frontera Energy, and strategic options for Corentyne block. The company also announces completion of Berbice Deep Water Port construction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.62%
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Rhea-AI Summary
CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) are hosting a virtual presentation to discuss exploration results and potential farm down of interests in the Corentyne block offshore Guyana. The Joint Venture believes there are approximately 514 to 628 mmboe PMean unrisked gross prospective resources in the Maastrichtian horizons alone, with additional potential upside in the Campanian and Santonian horizons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
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Rhea-AI Summary
CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announced a virtual informational presentation on the Guyana-Suriname basin, the Corentyne block, and the Integrated Well Results. The presentation will be held on December 11, 2023, at 10:00 am ET. Participants can submit questions in advance and are invited to attend the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announce the discovery of 342 feet (104 meters) of total net pay at the Wei-1 well on the Corentyne block offshore Guyana. The rock quality discovered in the Maastrichtian horizon in the Wei-1 well is analogous to that reported in the Liza Discovery on Stabroek block. The Joint Venture is pursuing strategic options for the Corentyne block, including a potential farm down, supported by Houlihan Lokey. The discovery confirms the significant potential of the Corentyne block, with potential for a standalone shallow oil resource development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-43.28%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
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CGX ENERGY INC

OTC:CGXEF

CGXEF Rankings

CGXEF Stock Data

93.99M
79.75M
90.13%
0.05%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto