(TSX-V | OYL) TORONTO, March 12, 2015 /CNW/ - CGX Energy Inc. ("CGX Energy" or the "Company") announced today the issuance of the remaining 6,254,245 common shares in the capital of CGX Energy ("Common Shares") to Prospector PTE. Ltd. ("Prospector") pursuant to the terms of a binding proposal (the "Agreement") previously announced on September 22, 2014. These Common Shares were issued at $0.49 per Common Share as partial [...]
(TSX-V | OYL) TORONTO, Dec. 19, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") today provided an operational update on its exploration assets and operations in Guyana. Dewi Jones, Chief Executive Officer of the Company, commented: "2014 was a transformation year for the Company as we continued our exploration offshore in Guyana. As we move into 2015, we are very encouraged by the recent [...]
(TSX-V | OYL) TORONTO, Dec. 1, 2014 /CNW/ - CGX Energy Inc. ("CGX Energy") announced today the settlement of the claims brought against Repsol Exploración, S.A. ("Repsol") relating to the joint operating agreement governing the Georgetown Block (the "Georgetown JOA"), offshore Guyana (the "Settlement"). CGX Resources Inc. ("CGX Resources"), a wholly-owned subsidiary of CGX Energy, commenced an arbitration against [...]
(TSXV: OYL) TORONTO, Nov. 13, 2014 /CNW/ - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") is pleased to provide an update on its next exploration well on the Company's 100% owned and operated Corentyne Block, offshore Guyana. The HAKURYU-12 jack-up rig from Japan Drilling Co., which will be used to drill CGX Energy's exploration well, is on schedule for completion by January, 2015. An announcement on [...]
(TSX-V | OYL) TORONTO,, Nov. 3, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) (the "Company") announced today the release of its unaudited consolidated financial results for the quarter ended September 30, 2014, together with its Management Discussion and Analysis. These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. Third Quarter 2014 Overview and Highlights Financial [...]
(TSX-V | OYL) TORONTO, Oct. 10, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announced today it entered into a bridge loan agreement (the "Bridge Loan") with Pacific Rubiales Energy Corp. ("Pacific Rubiales") in the aggregate principal amount of Cdn.$7.5 million and provided an operational update on its activities in Guyana. Bridge Loan Dewi Jones, Chief Executive Officer of the Company [...]
CGX ENERGY INC. (TSX-V | OYL) TORONTO, Sept. 22, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announced today that it has entered into a seismic contract with Prospector PTE. Ltd. ("Prospector") to conduct a 3,116.74 km2 3D seismic survey on the Company's 100% owned Demerara Block, offshore Guyana. The contract terms are attractive and represent one of the most extensive 3D seismic studies [...]
(TSX-V | OYL) TORONTO, Aug. 28, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announced today that CGX Resources Inc. ("CGX Resources"), a wholly-owned subsidiary of the Company, obtained an order from the High Court of the Supreme Court of Judicature in Guyana upholding the injunction from the Commercial Court of Guyana restraining Repsol Exploracion, S.A. ("Repsol") from proceeding with [...]
(TSX-V | OYL) TORONTO, Aug. 18, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") today provided an operational update on its exploration assets in Guyana. Helicopter services contract CGX Energy is pleased to announce that it has entered into a definitive agreement for the provision of helicopter services for use in the drilling of its first commitment well on its Corentyne Block scheduled [...]
(TSX-V | OYL) TORONTO, July 30, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) announced today the release of its unaudited consolidated financial results for the quarter ended June 30, 2014, together with its Management Discussion and Analysis. These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. Second Quarter 2014 Overview and Highlights Financial Results - The [...]
TORONTO, June 26, 2014 /CNW/ - CGX Energy Inc.'s (TSX-V - OYL) ("CGX Energy" or the "Company") annual and special meeting of shareholders was held on Wednesday June 25, 2014, where each of the eight nominees proposed as directors and listed on the Company's management proxy circular dated May 16, 2014 were elected as directors. The directors achieved an average approval vote of 98.59% from shareholders. The detailed [...]
(TSX-V | OYL) TORONTO, June 20, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") today provided an operational update on its exploration assets in Guyana. Dewi Jones, Chief Executive Officer of the Company, commented: "We are very pleased with the progress of all our activities thus far in 2014. We continue to work towards drilling our next offshore exploration well in Guyana and are still [...]