Provides Operational Update on Exploration and Berbice Port Project CGX Energy Inc. , announces that it has appointed Professor Mark D. Zoback to the Board of Directors of the Company and Ms. Jennifer Budlong as its Exploration Manager. The Company's Board of Directors unanimously voted to increase the number of Directors of the Board from five to six Directors. Mr. Gabriel de Alba, Co-Chair of the Board commented [...]
CGX Energy Inc. , announces that it has contracted Mr. Kevin Lacy as Drilling Director of the Company. Mr. Lacy will oversee all operations of the Company's exploration drilling and potential appraisal programs on the Corentyne and Demerara petroleum prospective licenses offshore Guyana. Mr. Lacy has extensive experience in oil and gas operations and drilling in many international basins, especially offshore. His career [...]
CGX Energy Inc. and Frontera Energy Corp. , the joint venture partners announce that their constructive and collaborative discussions with the Government of Guyana have been concluded with respect to the Corentyne block with a rescheduling of the Joint Venture's work commitments regarding its Petroleum Prospecting License for the Corentyne Block offshore Guyana. The Joint Venture has remained committed throughout to [...]
CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2020 ended September 30, 2020, together with its Management's 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 [...]
CGX Energy Inc. announced today the release of its unaudited condensed interim consolidated financial statements for the second quarter of 2020, 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 [...]
CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the first quarter of 2020, 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. announced today the release of its audited consolidated financial results for the year ended December 31, 2019, together with its Management Discussion and Analysis and Annual Information Form. These documents will be posted on the Company's website at www.cgxenergy.com and SEDAR at www.sedar.com. All values in this new release and the Company's financial disclosures are in United States dollars unless [...]
CGX Energy Inc. , announces the granting of incentive stock options to purchase 1,510,000 common shares of the Company , subject to regulatory approval. The Options were granted on January 17, 2020 pursuant to the Company's stock option plan and are exercisable at a price of $0.71 per share, and are set to expire on January 17, 2025. The Options vest as follows: one-third of the Options vest immediately; one-third of the [...]
CGX Energy Inc. , announces the appointment of Mr. Gabriel De Alba as Co-Chairman to the Company's board of directors . Mr. De Alba was elected as a director of the Company at a special meeting of shareholders held on Tuesday January 7, 2020. Professor Suresh Narine commented, "Mr. Gabriel de Alba brings to the leadership of the CGX Board a stellar reputation in the financial and business world. While I will continue to [...]
CGX Energy Inc. announced today that a special meeting of shareholders was held on Tuesday January 7, 2020, where each of three nominees proposed as directors, who had not been previously appointed by the shareholders at the Company's last annual general and special meeting on June 27, 2019, pursuant to the Company's management proxy circular dated November 27, 2019 were elected as directors. The detailed results of the [...]
CGX Energy Inc. , announces the granting of incentive stock options to purchase 13,000,000 common shares of the Company to existing directors, officers and employees of the Company, subject to regulatory approval. The stock options were granted on December 2, 2019 pursuant to the Company's stock option plan and are exercisable at a price of $0.46 per share, set to expire on December 2, 2024. These Options vest as follows [...]
CGX Energy Inc. , at the request of the Market Surveillance group of the Investment Industry Regulatory Organization of Canada , announces that the Company is not aware of any material undisclosed information that may be contributing to the level of trading activity of its shares on the TSX Venture Exchange. About CGX Energy CGX Energy is a Canadian-based oil and gas exploration company focused on the exploration of oil [...]