In-River Construction Underway At Berbice Deepwater Port CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana , announce today its continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which follows the discovery of light oil and condensate at the Kawa-1 well [...]
Frontera Energy Corp. and CGX Energy Inc. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana , announce today its continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which follows the discovery of light oil and gas condensate at the Kawa-1 well earlier this year. The Wei-1 well will be located [...]
CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2022, together with its Management, Discussion and Analysis - Quarterly Highlights . These Financial Disclosures will be posted on the Company's website at www.cgxenergy.com and on SEDAR at www.sedar.com. All values in the Financial Disclosures are in United States dollars unless otherwise stated [...]
CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announce that the parties have agreed to extend the maturity date of the previously announced US$19 million convertible loan to CGX dated May 28, 2021, as amended to November 30, 2022; and amend the previously announced amended Joint Operating Agreement dated July 21, 2022 [...]
CGX Energy Provides Update on Wei-1 Exploration Well, including Receipt of Environmental Permitting for Spudding and Drilling of the Wei-1 Exploration Well CGX Energy Inc. is pleased to provide an update to the agreement to amend the Joint Operating Agreement originally signed between CGX and a subsidiary of Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block [...]
CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the second quarter of 2022, together with its Management, Discussion and Analysis - Quarterly Highlights . These Financial Disclosures will be posted on the Company's website at www.cgxenergy.com and on SEDAR at www.sedar.com. All values in the Financial Disclosures are in United States dollars unless otherwise stated [...]
CGX Energy Inc. announced today that its shareholders are invited to attend in person or virtually its 2022 Annual and Special Meeting of Shareholders at 10:00 am EST on Friday, July 29, 2022. The Company will hold the meeting at the office of Fasken Martineau DuMoulin LLP located at 333 Bay Street, Suite 2400, Toronto, Ontario and via video conference. Shareholders who plan to attend the Meeting virtually can find [...]
Participating Interest in Corentyne Block Now 32% CGX and 68% Frontera The Joint Venture Anticipates Spudding the Wei-1 Exploration Well in October 2022 CGX and Frontera Agree to Convert May 2021 and March 2022 Loans into Participating Interest in Corentyne CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today that [...]
CGX Energy Inc. announced today that due to personal reasons Mr. George Davis, the Company's Chief Financial Officer , is leaving CGX effective immediately. Mr. Daniel Sanchez, currently head of the Corporate Consolidation and Reporting team at Frontera Energy Corp. has been appointed CFO of CGX effective immediately. "We are very pleased to have Daniel Sanchez appointed as our new Chief Financial Officer. He is a skilled [...]
CGX Energy Inc. announced today that Mr. George Davis has been appointed as the Chief Financial Officer of the Company, effective July 1, 2022. Mr. Davis replaces the Interim CFO, Ms. Hill York Poon, who will be remaining with the Company as its Director of Finance. The Company also announced today the appointment of Mr. Paul Langlois as its Exploration Manager, effective June 27, 2022. "I am pleased to announce the [...]
Following Light Oil and Gas Condensate Discovery at The Kawa-1 Exploration Well, CGX and JV Partner to Focus on Corentyne Block The Wei-1 Exploration Well Expected To Be Spud In 3Q'22 CGX has in Principle Come to Mutual Agreement with the Government of Guyana to Relinquish Demerara and Berbice Blocks CGX Energy Inc. , joint venture partner with Frontera Energy Corp. in the Petroleum Prospecting License for the Corentyne [...]
Following Light Oil and Gas Condensate Discovery at The Kawa-1 Exploration Well, Frontera and JV Partner to Focus on Corentyne Block The Wei-1 Exploration Well, Expected To Be Spud In 3Q'22 Frontera has in Principle Come to Mutual Agreement with the Government of Guyana to Relinquish Demerara Block Frontera Energy Corp. , joint venture partner with CGX Energy Inc. in the Petroleum Prospecting License for the Corentyne [...]