Press Releases

December 11, 2023
CGX Energy Inc. and Frontera Energy - 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 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 On Guyana‐Suriname Basin, Corentyne Block, and Integrated Well Results

December 4, 2023
CGX Energy Inc. and Frontera Energy Provide Notice of Virtual Presentation On Guyana-Suriname Basin, Corentyne Block, and Integrated Well Results

November 9, 2023
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 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 Potential Farm Down Conceptual Field Development Plan Completed CGX Announces Filing of Third Quarter 2023 Financial Statements

August 10, 2023
CGX Energy Announces Filing of Second Quarter 2023 Financial Statements. Secures Funding for Company’s Share of Additional Wei-1 Well Costs

June 28, 2023
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 2022, Successfully Finished Drilling Operations With No Safety Incidents

June 13, 2023
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

May 3, 2023
CGX Energy Updates: Announces Filing of First Quarter Financial Statements and Drilling Operational Updates

March 1, 2023
CGX Energy Updates: Year-End 2022 Audited Consolidated Financial Statements, Drilling Operational Updates and Progress on the Berbice Deep Water Port

January 23, 2023
Joint Venture Spuds Wei-1 Well Offshore Guyana Aiming To Build On Light Oil And Condensate Discovery At Kawa-1

December 1, 2022
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

November 28, 2022
CGX and Frontera Provide Update On Wei-1 Well Preparations

November 1, 2022
CGX Energy Announces Filing of Third Quarter Financial Statements

October 3, 2022
CGX Energy and Frontera Energy Announce Extensions of Previous Loan and JOA Amendment Agreements to November 30, 2022

August 22, 2022
CGX Energy Announces Conditional Approval from the TSXV for the Agreement to Amend the Joint Operating Agreement on the Corentyne Block

August 9, 2022
CGX Energy Announces Filing of Second Quarter Financial Statements

July 26, 2022
CGX Invites Shareholders to Attend 2022 Annual and Special Meeting of Shareholders on July 29, 2022

July 22, 2022
CGX Energy and Frontera Energy Announce Transaction for the Corentyne Block That Secures Funding for the Wei-1 Exploration Well

July 18, 2022
CGX Energy Announces Chief Financial Officer Transition

July 5, 2022
CGX Energy Announces the Appointment of George Davis as Chief Financial Officer and Paul Langlois as Exploration Manager

June 16, 2022
CGX Provides Update on Exploration Blocks Offshore and Onshore Guyana

May 9, 2022
CGX And Frontera Announce Light Oil And Gas Condensate Discovery At The Kawa-1 Exploration Well, Offshore Guyana

May 3, 2022
CGX Energy Announces Filing of First Quarter Financial Statements and CGX - Frontera also Announce Virtual Presentation on May 9, 2022

April 8, 2022
CGX Energy Completes U.S. $35 Million Loan Agreement

March 10, 2022
CGX and Frontera Announce U.S. $35 Million Loan Agreement

March 4, 2022
CGX Energy Provides Operational Update

March 2, 2022
CGX Energy Files Year-End 2021 Audited Consolidated Financial Statements and Provides Operational Updates

February 14, 2022
CGX ENERGY AND FRONTERA ENERGY ANNOUNCES JOINT VENTURE TO FOCUS ON CORENTYNE IN 2022

January 31, 2022
CGX ENERGY AND FRONTERA ENERGY ANNOUNCES DISCOVERY AT KAWA-1 WELL AND COMMITMENT TO DRILL SECOND WELL ON CORENTYNE BLOCK IN SECOND HALF OF 2022 USING MAERSK DISCOVERER

December 16, 2021
CGX Energy and Frontera Energy Provide Operational Update on Kawa-1

November 9, 2021
CGX Energy Announces CFO Transition

November 3, 2021
CGX Energy Announces Filing of Third Quarter Financial Statements

November 1, 2021
CGX Energy Announces Closing of Rights Offering

October 26, 2021
CGX Energy Announces Appointment of Vice President- Development and Granting of Stock Option Grants

October 20, 2021
CGX Energy Inc. Provides Operational Update and Notice of Virtual Presentation on Guyana-Suriname Basin, Offshore Corentyne Block and Kawa-1 Objectives

September 24, 2021
CGX Energy Announces US$58 Million Equity Rights Offering, Providing An Equal And Exciting Opportunity To Participate For All Shareholders

August 23, 2021
CGX Energy Announces The Kawa-1 Exploration Well Offshore Guyana Has Spud and Option Exercised With Maersk To Drill A Second Well

August 11, 2021
CGX Energy Announces Filing of Second Quarter Financial

July 12, 2021
CGX Energy Provides Operational Update and Results of Annual General Meeting

May 28, 2021
CGX Energy Completes US$19 Million Loan Agreement

May 5, 2021
CGX Energy Announces Filing of First Quarter Financial Statements

April 22, 2021
CGX Energy Announces Agreement for use of the Maersk Discoverer Semi- Submersible Drilling Rig for the Kawa-1 Well on the Corentyne Block Offshore Guyana

April 16, 2021
Frontera and CGX Announce $19 Million Loan Agreement

March 23, 2021
CGX Energy Completes Grant of Previously Announced Stock Options

March 18, 2021
CGX Energy Files Year-End 2020 Audited Consolidated Financial Statements

March 3, 2021
CGX Energy Provides Update on the Kawa-1 and Makarapan-1

February 16, 2021
CGX Energy Inc. Announces Guyana Resource Evaluation Report - Successful Rescheduling of Demerara Work Commitment

February 8, 2021
CGX Energy Announces Appointments of Professor Mark Zoback to the Board of Directors and Jennifer Budlong as Exploration Manager

January 5, 2021
CGX Energy Announces Appointment of Drilling Director