CGX Energy Inc.

CGX Energy Inc. and Frontera Energy Corp. , the majority shareholder of CGX and joint venture partner of CGX, today announced that, as a result of the initial positive results at the Kawa-1 exploration well, the Joint Venture will focus on the significant exploration opportunities in the Corentyne block and will not engage in drilling activities on the Demerara block in 2022, as previously outlined by press release on [...]

Kawa-1 Well Encounters 177 Feet of Hydrocarbon Bearing Reservoirs Based on Logging While Drilling Announces Commitment to Drill Second Well on Corentyne Block in Second Half of 2022 Using Maersk Discoverer CGX Energy Inc. and Frontera Energy Corp. , the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announced that the Joint [...]

KAWA-1 WELL ENCOUNTERS 177 2022 USING MAERSK DISCOVERER TORONTO, Jan. 31, 2022 /CNW/ - CGX Energy Inc. and Frontera Energy Corp. , the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announced that the Joint Venture has made a discovery at the Kawa-1 well, in the Corentyne Block. Gabriel de Alba, Chairman of Frontera's Board [...]

Logging-while-drilling and Cuttings Indicate Presence of Active Hydrocarbon System in Several Campanian and Upper Santonian Formations Approximately 90% of Planned Footage Drilled to Date Horizon 19, the First of Three Geological Target Zones Has Been Penetrated The Primary and Secondary Santonian Targets Remain to Be Drilled and Evaluated CGX Energy Inc. and Frontera Energy Corp. , the majority shareholder of and joint [...]

CGX Energy Inc. announced today that Tralisa Maraj, the Company's Chief Financial Officer , is leaving CGX effective immediately. A search by the Company is currently underway for a new Chief Financial Officer. During this transitionary period, Hill-York Poon has been appointed interim CFO of the Company and will assist in a seamless changeover when a permanent CFO is named. "On behalf of the CGX team, I want to thank [...]

CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2021, together with its Management, Discussion and Analysis - Quarterly Highlights. These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. All values in this news release and the Company's financial disclosures are in United States dollars unless [...]

CGX Energy Inc. is pleased to announce that it has completed its previously announced rights offering . Pursuant to the Offering, the Corporation offered to holders of its outstanding common shares of record as at the close of business on October 1, 2021 the ability to subscribe for, until 5:00 p.m. on October 28, 2021 , an aggregate of 45,151,338 Common Shares. Each such holder of Common Shares was offered rights on the [...]

CGX Energy Inc. , announces the appointment of Todd Durkee as Vice-President of Development. Mr. Durkee will oversee the development aspects of the Company's projects on its petroleum prospecting licences and deep-water port development. Mr. Durkee will be a core member of the Company's management team, bringing deep industry experience in key strategic and decision making positions. Mr. Durkee was most recently the Vice [...]

Frontera Energy Corp. , the majority shareholder of CGX Energy Inc. and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on October 22, 2021 from 10:00 [...]

CGX Energy Inc. today announced that CGX and Frontera Energy Corp. , the majority shareholder of CGX and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on [...]