| Business Summary | | CGX
Energy,
Inc.
is
an
oil
and
gas
exploration
company
based
in
Canada
with
a
100%
interest
in
a
3.8M-acre
concession
in
Guyana,
South
America.
The
Company
expects
to
be
drilling
the
first
exploration
well
in
the
summer
of
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CGX
Energy,
Inc.
is
an
oil
and
gas
exploration
company
based
in
Canada
with
a
100%
interest
in
a
3.8
million
acre
concession
in
Guyana,
South
America.
For
the
fiscal
year
ended
12/31/00,
the
Company
reported
no
revenues.
Net
loss
increased
from
$568
thousand
to
$10.3
million.
Revenues
reflect
the
lack
of
production.
Net
loss
reflects
higher
operating
costs
and
an
expense
of
$9.5
million
for
the
write-off
of
the
Horseshoe
West
well,
which
was
dry. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Kerry Sully | Pres,
CEO | James Fairbairn | CFO | Warren Workman | VP
Exploration |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|