Previous Close | 1.3400 |
Open | 1.3400 |
Bid | 1.3200 x 0 |
Ask | 1.3400 x 0 |
Day's Range | 1.3000 - 1.3900 |
52 Week Range | 0.8500 - 4.5300 |
Volume | |
Avg. Volume | 345,247 |
Market Cap | 448.175M |
Beta (5Y Monthly) | 1.36 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Canada-based oil company CGX Energy will begin dredging and building the docks of a key deepwater port at Berbice, in eastern Guyana, planned to serve the South American nation's oil and agriculture sectors, the firm's chairman said on Wednesday. CGX Energy unit Grand Canal Industrial Estates in 2010 acquired a 50-year lease for a 55-acre parcel strategically located near the Berbice River for the project. When complete, it would become Guyana's third oil port and its only deepwater facility.
Canada-based oil company CGX Energy will begin dredging and building the docks of a key deepwater port at Berbice, in eastern Guyana, planned to serve the South American nation's oil and agriculture sectors, the firm's chairman said on Wednesday. CGX Energy unit Grand Canal Industrial Estates in 2010 acquired a 50-year lease for a 55-acre parcel strategically located near the Barbice River for the project. When complete, it would become Guyana's third oil port and its only deepwater facility.
Canada's CGX Energy said on Monday its joint venture with Frontera Energy would focus on their Corentyne block, offshore Guyana, and had no plans of drilling in the Demerara block this year. The companies announced their discovery of an oil and gas reservoir off the coast of Guyana last month, with the Kawa-1 well in the Corentyne block finding about 177 feet (54 meters) of hydrocarbon-bearing reservoirs. Frontera is the majority shareholder of CGX and its joint venture partner in the exploration of the Corentyne block.