CGX Energy Files First Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - May 9, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its unaudited consolidated financial statements for the first quarter of 2025, together with its Management Discussion and Analysis (the "Financial Disclosures"). The 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 in United States dollars unless otherwise stated.Guyana ExplorationOn March 13, 2025, CGX and...
2025-05-09 6:32 AM EDT
Frontera Energy and CGX Energy Provide Update on Corentyne Block License
Toronto, Ontario--(Newsfile Corp. - March 13, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that the joint venture (the "Joint Venture"), which was established through their respective subsidiaries in the Petroleum Agreement and the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), recently received a communication from the Government of Guyana informing the Joint Venture that: "The Government is of the view that the Petroleum Agreement and Prospecting...
2025-03-13 8:37 AM EDT
CGX Energy Files Year-End 2024 Audited Consolidated Financial Statements
Toronto, Ontario--(Newsfile Corp. - March 10, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its audited consolidated financial statements for the year ended December 31, 2024, together with its Management Discussion and Analysis (the "Financial Disclosures"). The 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 in United States dollars unless otherwise stated.About CGX CGX is a Canadian-based...
2025-03-10 6:30 AM EDT
CGX Energy Provides Update on Corentyne Block License
Toronto, Ontario--(Newsfile Corp. - February 24, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX") announced today that it and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), have provided a response (the "Response Letter") to the recent letter received from the Government of Guyana (the "Government"), as described further in the joint press release dated February 10, 2024 (the "Letter"). Pursuant to the...
2025-02-24 9:06 PM EST
Frontera Energy and CGX Energy Provide Update on Corentyne Block License
Joint Venture is Considering All Options to Assert and Defend its Interests in the Corentyne Block and in GuyanaToronto, Ontario and Calgary, Alberta--(Newsfile Corp. - February 11, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), announced today that the Joint Venture recently received a communication (the "Letter") from the Government of Guyana (the "Government")....
2025-02-11 6:54 AM EST
CGX Announces Commencement of Commercial Operation of Berbice Port and Provides Update on Corentyne Block
Toronto, Ontario--(Newsfile Corp. - December 12, 2024) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the commencement of commercial operation of the Berbice Port and provided an update on the Corentyne Block.Berbice Deep Water Port UpdateThe Company is pleased to announce that the Berbice Port, owned and operated by its wholly-owned subsidiary, Grand Canal Industrial Estates Inc., is now fully accredited to operate and has begun operations as of Sunday December 8, 2024, when a vessel...
2024-12-12 8:14 AM EST
CGX Energy Files Third Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - November 6, 2024) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2024, together with its Management, Discussion and Analysis - Quarterly Highlights (the "Financial Disclosures"). 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 in United States dollars unless otherwise stated.Company Updates: AGM Results...
2024-11-06 10:00 PM EST
CGX Energy Files Second Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - August 7, 2024) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the second quarter of 2024, together with its Management, Discussion and Analysis - Quarterly Highlights (the "Financial Disclosures"). 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 in United States dollars unless otherwise stated.Company Updates:...
2024-08-07 10:11 PM EDT
CGX Energy and Frontera Energy File Notice of Potential Commercial Interest for Wei-1 Well, Offshore Guyana
Toronto, Ontario and Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), today announced that the Joint Venture has submitted a Notice of Potential Commercial Interest (the "Notice") for the Wei-1 discovery to the Government of Guyana, which preserves the Joint Venture's interests in the License.In 2023, the Joint...
2024-06-26 8:15 AM EDT
CGX Energy Files First Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - May 8, 2024) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the first quarter of 2024, together with its Management, Discussion and Analysis - Quarterly Highlights (the "Financial Disclosures"). 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 in United States dollars unless otherwise stated.Company Updates: 2023...
2024-05-08 6:30 PM EDT
CGX Energy Files Year-End 2023 Audited Consolidated Financial Statements
Toronto, Ontario--(Newsfile Corp. - March 7, 2024) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its audited consolidated financial statements for the year ended December 31, 2023, together with its Management Discussion and Analysis (the "Financial Disclosures"). 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 in United States dollars unless otherwise stated.Company Highlights:Wei-1 Well StatusAs previously disclosed,...
2024-03-07 11:01 PM EST
CGX Energy Inc. and Frontera Energy Corporation Announce 514-628 Mmboe PMean Unrisked Gross Prospective Resources Estimated in Maastrichtian Horizons in the Northern Portion of the Corentyne Block
Additional Upside Identified in Campanian and Santonian HorizonsExploration Results Support the Potential for a Successful Standalone Oil Resource Development Across the Corentyne Block from Maastrichtian HorizonsJoint Venture With Support From Houlihan Lokey Actively Pursuing A Potential Farm Down of Interests In Corentyne BlockCGX Energy Inc. and Frontera Energy Corp. to Host Virtual Presentation on December 11, 2023On Guyana-Suriname Basin, Corentyne Block, and Integrated Well ResultsToronto, Ontario and Calgary, Alberta--(Newsfile Corp. - December 11, 2023) - CGX Energy Inc. (TSXV: OYL)...
2023-12-11 7:30 AM EST
CGX Energy Inc. and Frontera Energy Provide Notice of Virtual Presentation On Guyana-Suriname Basin, Corentyne Block, and Integrated Well Results
Toronto, Ontario and Calgary, Alberta--(Newsfile Corp. - December 4, 2023) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") 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...
2023-12-04 7:30 AM EST
CGX and Frontera Discover 114 Feet (35 Meters) of Net Pay at Wei-1 Well, Offshore Guyana
342 Feet (104 meters) of Total Net Pay Discovered to Date on North Corentyne, Confirming the Significant Potential of the Corentyne BlockWei-1 Maastrichtian Rock Quality Analogous to Recent Discoveries Reported in The Basin1Results Further Demonstrate the Potential for a Standalone Shallow Oil Resource Development Across the Corentyne BlockHoulihan Lokey Supporting Active Pursuit of Strategic Options for Corentyne Block Including Potential Farm DownConceptual Field Development Plan CompletedCGX Announces Filing of Third Quarter 2023
2023-11-09 8:25 PM EST
CGX Energy Announces Filing of Second Quarter 2023 Financial Statements
Toronto, Ontario--(Newsfile Corp. - August 10, 2023) - CGX Energy Inc. (TSXV: OYL)("CGX" or the "Company") today released its unaudited Consolidated Financial Statements for the second quarter of 2023, together with its Management, Discussion and Analysis - Quarterly Highlights (the "Financial Disclosures"). 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 in United States dollars unless otherwise stated.In addition, CGX and Frontera Energy...
2023-08-10 10:21 PM EDT
CGX and Frontera Discover 210 Feet of Hydrocarbon-Bearing Sands in the Santonian Confirmed by Wireline Logs and Extensive Core Samples at the Wei-1 Well, Offshore Guyana
Second Discovery on the Corentyne Block Following Kawa-1 Light Oil and Condensate Discovery in 2022Successfully Finished Drilling Operations With No Safety IncidentsToronto, Ontario--(Newsfile Corp. - June 28, 2023) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), the majority shareholder of CGX and joint venture (the "Joint Venture") partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), are excited to announce today that the Joint Venture has discovered...
2023-06-28 7:00 AM EDT
CGX Energy Update: Wei-1 Reaches Total Depth, 71 Feet of Net Oil Pay Discovered in Secondary Targets in the Maastrichtian and Campanian, Testing of Primary Targets in the Santonian Has Commenced
Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - CGX Energy Inc. (TSXV: OYL) ("CGX") announced today they have successfully reached total depth (TD) of 20,450' on the Wei-1BP1 (Wei-1 bypass exploration and appraisal well or the "Well"). The original Wei-1 wellbore reached a depth of 19,142'. A bypass well (Wei-1BP1) was drilled from 18,757' to total depth (TD) and penetrated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne...
2023-06-13 7:00 AM EDT
CGX Energy Updates: Announces Filing of First Quarter Financial Statements and Drilling Operational Updates
Toronto, Ontario--(Newsfile Corp. - May 3, 2023) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") 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 (the "Financial Disclosures"). 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:...
2023-05-03 10:40 PM EDT
CGX Energy Updates: Year-End 2022 Audited Consolidated Financial Statements, Drilling Operational Updates and Progress on the Berbice Deep Water Port
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its audited consolidated financial statements for the year ended December 31, 2022, together with its Management Discussion and Analysis (the "Financial Disclosures"). 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: Farm-In Transaction On...
2023-03-01 9:30 PM EST
CGX Energy Inc. and Frontera Energy Corporation: Joint Venture Spuds Wei-1 Well Offshore Guyana
Toronto, Ontario--(Newsfile Corp. - January 23, 2023) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy") operator and joint venture partner with Frontera Energy Corporation in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "Joint Venture"), 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 approved an Appraisal Plan for the northern section of the Corentyne Block which...
2023-01-23 7:15 AM EST