CGX Energy Inc. , announced today that its subsidiary, CGX Resources Inc. , has entered into a Senior Secured Loan Facility with Frontera Energy Corp. , its joint venture partner in the Petroleum Prospecting Licenses for the Corentyne block offshore Guyana, through one of Frontera's subsidiaries. The US$2.5 million loan will enable CGX to continue to finance its share of costs related to the corporate working capital [...]
CGX Energy Inc. today announced the release of its unaudited consolidated financial statements and Management Discussion and Analysis for the second quarter of 2025 , which include the recognition of an impairment loss of $56.4 million on its exploration and evaluation assets related to the Company's Corentyne Block. The Company evaluated the Corentyne exploration & evaluation asset's recoverability given the Government [...]
CGX Energy Inc. announced today that it will release its financial and operational results for the second quarter ended June 30, 2025, after markets close on Wednesday, August 13, 2025. As previously disclosed on May 9, 2025, Frontera Energy Corp. and its subsidiaries, Frontera Petroleum International Holding B.V. and Frontera Energy Guyana Holding Ltd. , submitted a notice of intent to the Government of Guyana on March [...]
Frontera Energy and CGX Energy provided today an update on the Corentyne block license. As previously disclosed on May 9, 2025, Frontera and its subsidiaries, Frontera Petroleum International Holding B.V. and Frontera Energy Guyana Holding, submitted a notice of intent to the Government of Guyana on March 26, 2025. The notice alleges breaches of the United Kingdom - Guyana Bilateral Investment Treaty and the Guyana [...]
CGX Energy Inc. announced today the release of its unaudited consolidated financial statements for the first quarter of 2025, together with its Management Discussion and Analysis . The Financial Disclosures will be posted on the Company's website at www.cgxenergy.com and on SEDAR+ at www.sedarplus.ca. All values in the Financial Disclosures are in United States dollars unless otherwise stated. Guyana Exploration On March [...]
CGX Energy Inc. and Frontera Energy Corp. announced today that the joint venture , which was established through their respective subsidiaries in the Petroleum Agreement and the Petroleum Prospecting License for the Corentyne block offshore Guyana , recently received a communication from the Government of Guyana informing the Joint Venture that: "The Government is of the view that the Petroleum Agreement and Prospecting [...]
CGX Energy Inc. announced today the release of its audited consolidated financial statements for the year ended December 31, 2024, together with its Management Discussion and Analysis . The Financial Disclosures will be posted on the Company's website at www.cgxenergy.com and on SEDAR+ at www.sedarplus.ca. All values in the Financial Disclosures are in United States dollars unless otherwise stated. About CGX CGX is a [...]
Joint Venture has Responded to Communication from the Government of Guyana Regarding the Joint Venture's License CGX Energy Inc. announced today that it and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana , have provided a response to the recent letter received from the Government of Guyana , as described further in the joint press release dated [...]
Joint Venture has Received a Communication from the Government of Guyana Regarding the Joint Venture's License Joint Venture is Considering All Options to Assert and Defend its Interests in the Corentyne Block and in Guyana TORONTO and CALGARY, AB, Feb. 11, 2025 /CNW/ - CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana [...]
CGX Energy Inc. announced today the commencement of commercial operation of the Berbice Port and provided an update on the Corentyne Block. Berbice Deep Water Port Update The Company is pleased to announce that the Berbice Port, owned and operated by its wholly-owned subsidiary, Grand Canal Industrial Estates Inc., is now fully accredited to operate and has begun operations as of Sunday December 8, 2024, when a vessel of [...]
CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2024, 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.sedarplus.ca. All values in the Financial Disclosures are in United States dollars unless otherwise stated [...]
Drummond Ventures and Elton Resources, a corporation incorporated under the laws of the Province of BC, are pleased to announce that further to Drummond's press release dated September 9, 2024, Drummond, Elton and 1230507 B.C. Ltd., a wholly owned subsidiary of Drummond, have entered into a binding merger agreement dated Oct 31, 2024 in respect of an arm's length reverse-takeover transaction of Drummond by Elton, which [...]
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