CGX Energy Announces Third Quarter Results and Operational Update
Toronto, Ontario--(Newsfile Corp. - November 4, 2020) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the Company") 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 ("MD&A"). 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...
2020-11-04 8:26 PM EST
CGX Energy Announces Filing of Second Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - August 6, 2020) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") 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 dollars unless...
2020-08-06 7:54 PM EDT
CGX Energy Announces Filing of First Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - May 6, 2020) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") 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 ("MD&A"). 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 otherwise...
2020-05-06 4:30 PM EDT
CGX Energy Files Year-End Audited Consolidated Financial Statements
Toronto, Ontario--(Newsfile Corp. - March 5, 2020) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") 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...
2020-03-05 9:31 PM EST
CGX Energy Announces Special Meeting Voting Results
Toronto, Ontario--(Newsfile Corp. - January 9, 2020) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the Company") 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...
2020-01-09 8:22 AM EST
CGX Energy Announces Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - December 3, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), announces the granting of incentive stock options ("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,...
2019-12-03 9:19 AM EST
CGX Energy Confirms No Material Undisclosed Information
Toronto, Ontario--(Newsfile Corp. - November 13, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), at the request of the Market Surveillance group of the Investment Industry Regulatory Organization of Canada (IIROC), 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 EnergyCGX Energy is a Canadian-based oil and gas exploration company focused on the exploration...
2019-11-13 4:31 PM EST
CGX Energy Announces Third Quarter Results, Completion of Seismic Data Acquisition and Appointments to its Board of Directors
Toronto, Ontario--(Newsfile Corp. - November 7, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announces the release of its unaudited consolidated financial statements for the third quarter of 2019, 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 otherwise stated.Third Quarter Results...
2019-11-07 6:50 PM EST
CGX Energy and Frontera Announce Conversion of Bridge Loan
Toronto, Ontario--(Newsfile Corp. - September 25, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that Frontera has elected to convert the principal amount outstanding (US$8.8 million) under its bridge loan facility due September 30, 2019 ("Bridge Loan").As previously announced on December 4, 2018, December 17, 2018 and February 1, 2019, the principal amount outstanding under the Bridge Loan is convertible at a price of US$0.22 per share (being the US dollar...
2019-09-25 6:00 AM EDT
CGX Energy Provides Operational Update and Appoints Operations Vice President
Toronto, Ontario--(Newsfile Corp. - September 23, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), is pleased to provide an operational update on its operations in the Corentyne Block and related matters. Seismic Acquisition on Northern Portion of Corentyne BlockThe Company, through its wholly owned subsidiary CGX Resources Inc. ("CRI") as the operator of the Corentyne Block under a Joint Operating Agreement with Frontera Energy Guyana Corp ("FEGC"), has executed a contract with PGS Geophysical SA ("PGS")...
2019-09-23 4:29 PM EDT
CGX Energy Confirms No Material Undisclosed Information
Toronto, Ontario--(Newsfile Corp. - August 28, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), 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 EnergyCGX Energy is a Canadian-based oil and gas exploration company focused on the exploration of...
2019-08-28 5:09 PM EDT
CGX Announces Change to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - August 16, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today that Mr. Erik Lyngberg has resigned his position as a director with the Company. As a result, Mr. Duncan Nightingale has been appointed to the Company's Board of Directors. Mr. Nightingale has over 30 years of oil and gas exploration and development experience, and is currently Corporate Vice President, Operations, Development and Reservoir Management at Frontera Energy Corporation....
2019-08-16 4:00 PM EDT
CGX Energy Announces Resequencing of its Work Programme in Guyana and Second Quarter Results
Toronto, Ontario--(Newsfile Corp. - August 2, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today that a resequencing of its work programme in the Corentyne block, held by its wholly owned subsidiary CGX Resources Inc. ("CRI"), has been approved by means of an addendum to its Corentyne Petroleum Agreement by the Government of the Cooperative Republic of Guyana. CRI and Frontera Energy Guyana Corp. ("FEGC") are joint venture partners in the block.Initially, the Company...
2019-08-02 4:30 PM EDT
CGX Energy Announces Annual and Special Meeting Voting Results
Toronto, Ontario--(Newsfile Corp. - June 27, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the Company") announced today that the annual and special meeting of shareholders (the "AGM") was held on Thursday June 27, 2019, where each of the three nominees proposed as directors pursuant to the Company's management proxy circular dated May 13, 2019 were elected as directors. The directors achieved an average approval vote of 99.9% from shareholders. The detailed results of the vote are...
2019-06-27 4:36 PM EDT
CGX Energy Announces Filing of First Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - May 28, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the first quarter of 2019, together with its Management, Discussion and Analysis - Quarterly Highlights ("MD&A"). 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 otherwise stated.First...
2019-05-28 6:22 PM EDT
CGX Energy and Frontera Energy Receive Approval of Strategic Joint Venture from the Government of the Cooperative Republic of Guyana
Toronto, Ontario--(Newsfile Corp. - May 3, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) (“Frontera”) announced today that the Government of The Cooperative Republic of Guyana has approved the farm-in joint venture agreement covering two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.Under the terms of the farm-in joint venture agreement between Frontera and a wholly owned subsidiary of CGX, CGX Resources Inc., Frontera will acquire a 33.333% working interest...
2019-05-03 6:00 AM EDT
CGX Energy Files Year-End Audited Financial Statements
Toronto, Ontario--(Newsfile Corp. - April 24, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today the release of its audited consolidated financial results for the year ended December 31, 2018, together with its Management Discussion and Analysis. 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 otherwise stated.Professor Suresh Narine, Executive Chairman...
2019-04-24 11:21 PM EDT
CGX Energy and Frontera Announce Execution of Farm-in Joint Venture Agreement and Bridge Loan
Toronto, Ontario--(Newsfile Corp. - February 1, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) are pleased to announce today the execution of a farm-in joint venture agreement covering CGX's two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara Blocks. These agreements remain subject to Guyanese government approval.CGX and Frontera are also pleased to announce today that they have entered into an amended and restated bridge loan agreement, pursuant to which...
2019-02-01 6:00 AM EST
CGX Energy and Frontera Announce Amendment to Letter Agreement
Toronto, Ontario--(Newsfile Corp. - January 11, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that they have further amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4, 2018 and amended on December 14, 2018, to extend the time of the launch of the equity financing in the amount of approximately US$20 million to occur on or prior to February 6, 2019 and anticipated...
2019-01-11 7:30 AM EST
CGX Energy and Frontera Announce Closing of Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - December 20, 2018) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that, further to their news release of December 17, 2018, CGX has issued 5,714,285 common shares in the capital of the Company (the "Shares") to Frontera to settle a total of US$1.2 million in debt. For further details on this transaction, please see our December 17 press release.All of the Shares are subject to a statutory hold...
2018-12-20 4:30 PM EST