Additional Upside Identified in Campanian and Santonian Horizons Exploration Results Support the Potential for a Successful Standalone Oil Resource Development Across the Corentyne Block from Maastrichtian Horizons Joint Venture With Support From Houlihan Lokey Actively Pursuing A Potential Farm Down of Interests In Corentyne Block CGX Energy Inc. and Frontera Energy Corp. to Host Virtual Presentation on December 11, 2023 [...]
CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced today that on December, 11, 2023, at 10:00 am ET, senior operational and technical team members will host a virtual informational presentation on the Guyana-Suriname basin, the Corentyne block and the Integrated Well Results. Participants are encouraged to submit [...]
342 Feet of Total Net Pay Discovered to Date on North Corentyne, Confirming the Significant Potential of the Corentyne Block Wei-1 Maastrichtian Rock Quality Analogous to Recent Discoveries Reported in The Basin1 Results Further Demonstrate the Potential for a Standalone Shallow Oil Resource Development Across the Corentyne Block Houlihan Lokey Supporting Active Pursuit of Strategic Options for Corentyne Block Including [...]
Secures Funding for Company's Share of Additional Wei-1 Well Costs CGX Energy Inc. today released its unaudited Consolidated Financial Statements for the second quarter of 2023, 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 [...]
Second Discovery on the Corentyne Block Following Kawa-1 Light Oil and Condensate Discovery in 2022 Successfully Finished Drilling Operations With No Safety Incidents 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 , are excited to announce today that the Joint Venture has discovered [...]
CGX Energy Inc. announced today they have successfully reached total depth of 20,450' on the Wei-1BP1. The original Wei-1 wellbore reached a depth of 19,142'. A bypass well was drilled from 18,757' to total depth and penetrated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne block. Prior to the bypass, the Well encountered an aggregate of approximately 71 feet of [...]
CGX Energy Inc. announced today the release of its unaudited Consolidated Financial Statements for the first quarter of 2023, 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 Disclosures are in United States dollars unless otherwise stated [...]
CGX Energy Inc. announced today the release of its audited consolidated financial statements for the year ended December 31, 2022, together with its Management Discussion and Analysis . 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 Disclosures are in United States dollars unless otherwise stated. Company Highlights [...]
Aiming To Build On Light Oil And Condensate Discovery At Kawa-1 CGX Energy Inc. operator and joint venture partner with Frontera Energy Corp. in the Petroleum Prospecting License for the Corentyne block offshore Guyana , today announced the spud of the Wei-1 well, on the Corentyne block, approximately 200 kilometres offshore from Georgetown, Guyana. The Joint Venture also announces that the Government of Guyana has [...]
Aiming To Build On Light Oil And Condensate Discovery At Kawa-1 CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana , announce today that the Joint Venture has spud the Wei-1 well, on the Corentyne block, approximately 200 kilometres offshore from Georgetown, Guyana. The Joint Venture also announces that the Government of Guyana [...]
Government of Guyana Confirms Corentyne License Remains in Full Force and Effect and Good Standing CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana , announce today that, further to its announcement on November 28, 2022, due to circumstances beyond the reasonable control of the Joint Venture related to ongoing exploration [...]
Government of Guyana Confirms Corentyne License Remains in Full Force and Effect and Good Standing CGX and Frontera Complete Joint Operating Agreement Amendment, Participating Interest in Corentyne Block is 32% CGX and 68% Frontera CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana , announce today that, further to its [...]