CGX Energy Inc.

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 [...]

228 Feet Of Net Pay Identified Across The Maastrichtian, Campanian, Santonian And Coniacian Horizons Third-Party Analyses Indicate Light Oil In Santonian And Coniacian, Gas Condensate In Maastrichtian and Campanian Kawa-1 Findings Are Consistent With Discovery Wells Reported By Other Operators Adjacent To The Corentyne Block Additional Potential Exists In The Central Channel Complexes Between Wei-1 And Kawa-1 And Is The [...]

CGX and Frontera also Announce Virtual Presentation on May 9, 2022 CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the first 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 [...]

CGX Energy Inc. announced today that further to its press release of March 10, 2022, the Company has closed the previously announced financing agreement for a U.S. $35 million loan with Frontera Energy Corp. that will allow CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with Frontera. Under the terms of the Loan, as [...]

VENTURE'S Frontera Energy Corp. and CGX Energy Inc. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced today that they have entered into a financing agreement for a U.S. $35 million loan that will enable CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with [...]

VENTURE'S Frontera Energy Corp. and CGX Energy Inc. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced today that they have entered into a financing agreement for a U.S. $35 million loan that will enable CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with [...]

CGX Energy Inc. today provided additional details about the findings from the independent laboratory that analyzed the Kawa-1 well samples of cuttings from the four pay intervals in the Santonian mentioned in their March 2, 2022 press release. Kawa-1 was a first stage exploration well intended to identify the presence of hydrocarbons, which occurred. The well was then decommissioned by way of safely plugging and [...]