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CGX Energy Inc. (V:OYL)

Business Focus: Oil & Gas Exploration and Production (NEC)

Mar 07, 2024 11:01 pm ET
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.
Dec 11, 2023 07:30 am ET
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
Toronto, Ontario and Calgary, Alberta--(Newsfile Corp. - December 11, 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, are pleased to host a virtual informational presentation on December, 11, 2023, at 10:00 am ET on the Guyana-Suriname basin, the Corentyne block and the Joint Venture's integrated well results.
Dec 04, 2023 07:30 am ET
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.
Nov 09, 2023 08:25 pm ET
CGX and Frontera Discover 114 Feet (35 Meters) of Net Pay at Wei-1 Well, Offshore Guyana
Toronto, Ontario and Calgary, Alberta--(Newsfile Corp. - November 9, 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, are pleased to announce today the discovery of a total of 114 feet (35 meters) of net pay at the Wei-1 well on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.
Nov 09, 2023 07:25 pm ET
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
Nov 09, 2023 07:25 pm ET
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
Aug 17, 2023 05:21 pm ET
TSX Venture Exchange Stock Maintenance Bulletins
VANCOUVER, BC, Aug. 17, 2023 /CNW/ -
Aug 10, 2023 10:21 pm ET
CGX Energy Announces Filing of Second Quarter 2023 Financial Statements
Secures Funding for Company's Share of Additional Wei-1 Well Costs
Jun 28, 2023 07:00 am ET
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
Toronto, 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 oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. The Joint Venture has successfully finished drilling operations without any safety incidents and expects to release the drilling rig in early July 2023.
Jun 28, 2023 07:00 am ET
Jun 28, 2023 07:00 am ET
Jun 13, 2023 07:00 am ET
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 block.
May 03, 2023 10:40 pm ET
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.
Mar 01, 2023 09:30 pm ET
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.
Jan 23, 2023 07:15 am ET
CGX Energy Inc. and Frontera Energy Corporation: Joint Venture Spuds Wei-1 Well Offshore Guyana
Aiming To Build On Light Oil And Condensate Discovery At Kawa-1
Jan 23, 2023 06:15 am ET
Joint Venture Spuds Wei-1 Well Offshore Guyana
Aiming To Build On Light Oil And Condensate Discovery At Kawa-1
Jan 23, 2023 06:15 am ET
Joint Venture Spuds Wei-1 Well Offshore Guyana
Aiming To Build On Light Oil And Condensate Discovery At Kawa-1
Dec 01, 2022 07:15 am ET
CGX and Frontera Complete Joint Operating Agreement Amendment, Participating Interest in Corentyne Block is 32% CGX and 68% Frontera
Government of Guyana Confirms Corentyne License Remains in Full Force and Effect and Good Standing
Dec 01, 2022 06:15 am ET
CGX ENERGY INC. AND FRONTERA ENERGY CORPORATION
Government of Guyana Confirms Corentyne LicenseRemains in Full Force and Effect and Good Standing
Dec 01, 2022 06:15 am ET
CGX ENERGY INC. AND FRONTERA ENERGY CORPORATION
Government of Guyana Confirms Corentyne LicenseRemains in Full Force and Effect and Good Standing
Nov 28, 2022 07:16 am ET
CGX and Frontera Provide Update On Wei-1 Well Preparations
In-River Construction Underway At Berbice Deepwater Port
Nov 28, 2022 06:14 am ET
Frontera and CGX Provide Update On Wei-1 Well Preparations
CALGARY, AB, Nov. 28, 2022 /CNW/ - Frontera Energy Corporation (TSX: FEC) ("Frontera") and CGX Energy Inc. (TSXV: OYL) ("CGX"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), announce today its continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which follows the discovery of light oil and gas condensate at the Kawa-1 well earlier this year.
Nov 28, 2022 06:14 am ET
Frontera and CGX Provide Update On Wei-1 Well Preparations
CALGARY, AB, Nov. 28, 2022 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera") and CGX Energy Inc. (TSXV: OYL) ("CGX"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), announce today its continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which follows the discovery of light oil and gas condensate at the Kawa-1 well earlier this year.
Nov 01, 2022 10:43 pm ET
CGX Energy Announces Filing of Third Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - November 1, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2022, 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.
Oct 03, 2022 07:15 am ET
CGX Energy and Frontera Energy Announce Extensions of Previous Loan and JOA Amendment Agreements to November 30, 2022
TORONTO, Oct. 3, 2022 /CNW/ - 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, today announce that the parties have agreed to (i) extend the maturity date of the previously announced US$19 million convertible loan to CGX dated May 28, 2021, as amended (the "Loan Agreement") to November 30, 2022; and (ii) amend the previously announced amended Joint Operating Agreement dated July 21, 2022 (the "JOA Amendment") to extend the outs
Oct 03, 2022 07:15 am ET
CGX Energy and Frontera Energy Announce Extensions of Previous Loan and JOA Amendment Agreements to November 30, 2022
TORONTO, Oct. 3, 2022 /PRNewswire/ - 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, today announce that the parties have agreed to (i) extend the maturity date of the previously announced US$19 million convertible loan to CGX dated May 28, 2021, as amended (the "Loan Agreement") to November 30, 2022; and (ii) amend the previously announced amended Joint Operating Agreement dated July 21, 2022 (the "JOA Amendment") to extend t
Oct 03, 2022 07:15 am ET
CGX Energy and Frontera Energy Announce Extensions of Previous Loan and JOA Amendment Agreements to November 30, 2022
Toronto, Ontario--(Newsfile Corp. - October 3, 2022) - 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, today announce that the parties have agreed to (i) extend the maturity date of the previously announced US$19 million convertible loan to CGX dated May 28, 2021, as amended (the "Loan Agreement") to November 30, 2022; and (ii) amend the previously announced amended Joint Operating Agreement dated July 21, 2022 (the "JOA Amendment") to extend the outside date by which the conditions precedent to such agreement must be fulfilled to November 30, 2022, as the Joint Venture continues to await the satisfaction of all conditions precedent. The parties entered into the JOA Amendment to, amongst other matters, increase Frontera's participating interest in the Corentyne block in exchange for Frontera providing certain funding.
Aug 22, 2022 07:41 am ET
CGX Energy Announces Conditional Approval from the TSXV for the Agreement to Amend the Joint Operating Agreement on the Corentyne Block
CGX Energy Provides Update on Wei-1 Exploration Well, including Receipt of Environmental Permitting for Spudding and Drilling of the Wei-1 Exploration Well
Aug 09, 2022 10:28 pm ET
CGX Energy Announces Filing of Second Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - August 9, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the second quarter of 2022, 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.
Jul 26, 2022 10:00 pm ET
CGX Invites Shareholders to Attend 2022 Annual and Special Meeting of Shareholders on July 29, 2022
Toronto, Ontario--(Newsfile Corp. - July 26, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today that its shareholders are invited to attend in person or virtually its 2022 Annual and Special Meeting of Shareholders (the "Meeting") at 10:00 am EST on Friday, July 29, 2022. The Company will hold the meeting at the office of Fasken Martineau DuMoulin LLP located at 333 Bay Street, Suite 2400, Toronto, Ontario and via video conference.
Jul 22, 2022 07:15 am ET
CGX Energy and Frontera Energy Announce Transaction for the Corentyne Block That Secures Funding for the Wei-1 Exploration Well
Toronto, Ontario--(Newsfile Corp. - July 22, 2022) - 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, announces today that the companies have entered into an agreement to amend the Joint Operating Agreement originally signed between CGX and a subsidiary of Frontera on January 30, 2019, as amended (the "Agreement"), effectively farming into the Corentyne block and securing funding for the Wei-1 exploration well. The Agreement remains subject to certain conditions precedent, including approval of the TSX Venture Exchange (which is subject to the receipt by CGX of a formal valuation), TSX acceptance of the Agreement, and certain confirmations from the Government of Guyana relating to the petroleum agreement for the Corentyne block.
Jul 22, 2022 07:15 am ET
Jul 22, 2022 07:15 am ET
Jul 18, 2022 07:00 am ET
CGX Energy Announces Chief Financial Officer Transition
Toronto, Ontario--(Newsfile Corp. - July 18, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today that due to personal reasons Mr. George Davis, the Company's Chief Financial Officer ("CFO"), is leaving CGX effective immediately. Mr. Daniel Sanchez, currently head of the Corporate Consolidation and Reporting team at Frontera Energy Corporation ("Frontera") has been appointed CFO of CGX effective immediately.
Jul 05, 2022 07:00 am ET
CGX Energy Announces the Appointment of George Davis as Chief Financial Officer and Paul Langlois as Exploration Manager
Toronto, Ontario--(Newsfile Corp. - July 5, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today that Mr. George Davis has been appointed as the Chief Financial Officer ("CFO") of the Company, effective July 1, 2022. Mr. Davis replaces the Interim CFO, Ms. Hill York Poon, who will be remaining with the Company as its Director of Finance. The Company also announced today the appointment of Mr. Paul Langlois as its Exploration Manager, effective June 27, 2022.
Jun 16, 2022 07:30 pm ET
CGX Provides Update on Exploration Blocks Offshore and Onshore Guyana
Toronto, Ontario--(Newsfile Corp. - June 16, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX"), joint venture partner with Frontera Energy Corporation (TSX: FEC) in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announced that, following constructive discussions with the Government of Guyana, the joint venture will focus exclusively on the exploration opportunities in the Corentyne block. The decision follows the discovery at the Kawa-1 exploration well on the Corentyne block.
Jun 16, 2022 07:30 pm ET
Frontera Provides Update on Exploration Block Offshore Guyana
Following Light Oil and Gas Condensate Discovery at The Kawa-1 Exploration Well, Frontera and JV Partner to Focus on Corentyne Block
Jun 16, 2022 07:30 pm ET
Frontera Provides Update on Exploration Block Offshore Guyana
Following Light Oil and Gas Condensate Discovery at The Kawa-1 Exploration Well, Frontera and JV Partner to Focus on Corentyne Block
May 09, 2022 10:23 am ET
IIROC Trading Resumption - OYL
VANCOUVER, BC, May 9, 2022 /CNW/ - Trading resumes in:
May 09, 2022 10:21 am ET
CGX And Frontera Announce Light Oil And Gas Condensate Discovery At The Kawa-1 Exploration Well, Offshore Guyana
Toronto, Ontario--(Newsfile Corp. - May 9, 2022) - 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, today announced integrated results from the Kawa-1 exploration well, offshore Guyana. The Kawa-1 well was drilled in water depth of approximately 355 metres (1,174 ft) to a total depth of 21,578 feet (6,577 metres) in the northern portion of the Corentyne block.
May 09, 2022 10:10 am ET
CGX And Frontera Announce Light Oil And Gas Condensate Discovery At The Kawa-1 Exploration Well, Offshore Guyana
228 Feet (69 Metres) Of Net Pay Identified Across The Maastrichtian, Campanian, Santonian And Coniacian Horizons Third-Party Analyses Indicate Light Oil In Santonian And Coniacian, Gas Condensate In Maastrichtian and CampanianKawa-1 Findings Are Consistent With Discovery Wells Reported By Other Operators Adjacent To The Corentyne BlockAdditional Potential Exists In The Central Channel Complexes Between Wei-1 And Kawa-1 And Is The Focus Of Ongoing Technical WorkKawa-1 Results De-Risk Equivalent Oil Targets Anticipated At The Wei-1 Exploration Well, Expected To Be Spud In 3Q'22TORONTO, May 9,
May 09, 2022 10:10 am ET
CGX And Frontera Announce Light Oil And Gas Condensate Discovery At The Kawa-1 Exploration Well, Offshore Guyana
228 Feet (69 Metres) Of Net Pay Identified Across The Maastrichtian, Campanian, Santonian And Coniacian Horizons Third-Party Analyses Indicate Light Oil In Santonian And Coniacian, Gas Condensate In Maastrichtian and CampanianKawa-1 Findings Are Consistent With Discovery Wells Reported By Other Operators Adjacent To The Corentyne BlockAdditional Potential Exists In The Central Channel Complexes Between Wei-1 And Kawa-1 And Is The Focus Of Ongoing Technical WorkKawa-1 Results De-Risk Equivalent Oil Targets Anticipated At The Wei-1 Exploration Well, Expected To Be Spud In 3Q'22TORONTO, May 9,
May 09, 2022 09:16 am ET
IIROC Trading Halt - OYL
VANCOUVER, BC, May 9, 2022 /CNW/ - The following issues have been halted by IIROC:
May 03, 2022 10:13 pm ET
CGX Energy Announces Filing of First Quarter Financial Statements
CGX and Frontera also Announce Virtual Presentation on May 9, 2022
Apr 08, 2022 07:12 am ET
CGX Energy Completes U.S. $35 Million Loan Agreement
Toronto, Ontario--(Newsfile Corp. - April 8, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today that further to its press release of March 10, 2022, the Company has closed the previously announced financing agreement for a U.S. $35 million loan (the "Loan") with Frontera Energy Corporation ("Frontera") that will allow CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with Frontera.
Mar 10, 2022 10:40 pm ET
CGX and Frontera Announce U.S. $35 Million Loan Agreement
FINANCING SUPPORTS ADVANCING THE JOINT VENTURE'S PLAN FOR CORENTYNE BLOCK AND OTHER ASSETS
Mar 10, 2022 09:40 pm ET
CGX and Frontera Announce U.S. $35 Million Loan Agreement
FINANCING SUPPORTS ADVANCING THE JOINT VENTURE'S PLAN FOR CORENTYNE BLOCK AND OTHER ASSETS
Mar 10, 2022 09:40 pm ET
CGX and Frontera Announce U.S. $35 Million Loan Agreement
FINANCING SUPPORTS ADVANCING THE JOINT VENTURE'S PLAN FOR CORENTYNE BLOCK AND OTHER ASSETS
Mar 07, 2022 09:58 am ET
IIROC Trading Resumption - OYL
VANCOUVER, BC, March 7, 2022 /CNW/ - Trading resumes in:
Mar 07, 2022 09:52 am ET
IIROC Trading Halt - OYL
VANCOUVER, BC, March 7, 2022 /CNW/ - The following issues have been halted by IIROC:
Mar 04, 2022 09:07 am ET
IIROC Trading Resumption - OYL
VANCOUVER, BC, March 4, 2022 /CNW/ - Trading resumes in:
Mar 04, 2022 09:04 am ET
IIROC Trading Halt - OYL
VANCOUVER, BC, March 4, 2022 /CNW/ - The following issues have been halted by IIROC:
Mar 04, 2022 08:25 am ET
CGX Energy Provides Operational Update
Toronto, Ontario--(Newsfile Corp. - March 4, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") today provided additional details about the findings from the independent laboratory that analyzed the Kawa-1 well samples of cuttings from the four pay intervals in the Santonian mentioned in their March 2, 2022 press release. Kawa-1 was a first stage exploration well intended to identify the presence of hydrocarbons, which occurred. The well was then decommissioned by way of safely plugging and abandoning it, a standard practice and planned event. The Kawa-1 well was never intended to be kept active following completion of the successful drilling campaign.
Mar 03, 2022 10:36 am ET
IIROC Trading Resumption - OYL
VANCOUVER, BC, March 3, 2022 /CNW/ - Trading resumes in:
Mar 03, 2022 10:29 am ET
IIROC Trading Halt - OYL
VANCOUVER, BC, March 3, 2022 /CNW/ - The following issues have been halted by IIROC:
Mar 03, 2022 10:07 am ET
IIROC Trading Resumption - OYL
VANCOUVER, BC, March 3, 2022 /CNW/ - Trading resumes in:
Mar 03, 2022 09:58 am ET
IIROC Trading Halt - OYL
VANCOUVER, BC, March 3, 2022 /CNW/ - The following issues have been halted by IIROC:
Mar 02, 2022 10:17 pm ET
CGX Energy Files Year-End 2021 Audited Consolidated Financial Statements and Provides Operational Updates
Toronto, Ontario--(Newsfile Corp. - March 2, 2022) - 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, 2021, 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.
Feb 14, 2022 07:31 am ET
CGX Energy Inc. and Frontera Energy Corporation: Joint Venture to Focus on Corentyne in 2022
Toronto, Ontario--(Newsfile Corp. - February 14, 2022) - 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, today announced that, as a result of the initial positive results at the Kawa-1 exploration well, the Joint Venture will focus on the significant exploration opportunities in the Corentyne block and will not engage in drilling activities on the Demerara block in 2022, as previously outlined by press release on February 16, 2021. The Joint Venture is currently engaged in discussions with the Government of Guyana regarding the Demerara block and will provide an update on such discussions as soon as a conclusion has been reached.
Feb 14, 2022 06:29 am ET
JOINT VENTURE TO FOCUS ON CORENTYNE IN 2022
TORONTO, Feb. 14, 2022 /PRNewswire/ - 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, today announced that, as a result of the initial positive results at the Kawa-1 exploration well, the Joint Venture will focus on the significant exploration opportunities in the Corentyne block and will not engage in drilling activities on the Demerara block in 2022, as previously outlined by press release on February 16, 2021. The Joint Venture is currently engaged in discus
Feb 14, 2022 06:29 am ET
JOINT VENTURE TO FOCUS ON CORENTYNE IN 2022
TORONTO, Feb. 14, 2022 /CNW/ - 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, today announced that, as a result of the initial positive results at the Kawa-1 exploration well, the Joint Venture will focus on the significant exploration opportunities in the Corentyne block and will not engage in drilling activities on the Demerara block in 2022, as previously outlined by press release on February 16, 2021. The Joint Venture is currently engaged in discussions w
Jan 31, 2022 06:01 pm ET
CGX Energy Inc. and Frontera Energy Corporation Joint Venture Announces Discovery at Kawa-1 Well, Offshore Guyana
Toronto, Ontario--(Newsfile Corp. - January 31, 2022) - 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, today announced that the Joint Venture has made a discovery at the Kawa-1 well, in the Corentyne Block.
Jan 31, 2022 05:00 pm ET
JOINT VENTURE ANNOUNCES DISCOVERY AT KAWA-1 WELL, OFFSHORE GUYANA
KAWA-1 WELL ENCOUNTERS 177 FEET (54 METRES) OF HYDROCARBON BEARING RESERVOIRS BASED ON LOGGING WHILE DRILLING
Dec 16, 2021 07:52 am ET
CGX Energy Inc. and Frontera Energy Corporation Provide Operational Update on Kawa-1 Exploration Well, Offshore Guyana
Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), the majority shareholder of and joint venture partner of CGX in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana (the "Joint Venture"), today provide an operational update on the Kawa-1 exploration well in the Corentyne Block, offshore Guyana.
Dec 16, 2021 06:52 am ET
CGX ENERGY INC. AND FRONTERA ENERGY CORPORATION PROVIDE OPERATIONAL UPDATE ON KAWA-1 EXPLORATION WELL, OFFSHORE GUYANA
LOGGING-WHILE-DRILLING AND CUTTINGS INDICATE PRESENCE OF ACTIVE HYDROCARBON SYSTEM IN SEVERAL CAMPANIAN AND UPPER SANTONIAN FORMATIONS
Dec 16, 2021 06:52 am ET
CGX ENERGY INC. AND FRONTERA ENERGY CORPORATION PROVIDE OPERATIONAL UPDATE ON KAWA-1 EXPLORATION WELL, OFFSHORE GUYANA
LOGGING-WHILE-DRILLING AND CUTTINGS INDICATE PRESENCE OF ACTIVE HYDROCARBON SYSTEM IN SEVERAL CAMPANIAN AND UPPER SANTONIAN FORMATIONS
Nov 09, 2021 07:30 am ET
CGX Energy Announces CFO Transition
Toronto, Ontario--(Newsfile Corp. - November 9, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today that Tralisa Maraj, the Company's Chief Financial Officer ("CFO"), is leaving CGX effective immediately. A search by the Company is currently underway for a new Chief Financial Officer. During this transitionary period, Hill-York Poon has been appointed interim CFO of the Company and will assist in a seamless changeover when a permanent CFO is named.
Nov 03, 2021 10:40 pm ET
CGX Energy Announces Filing of Third Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - November 3, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the third quarter of 2021, 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.
Nov 01, 2021 07:30 am ET
CGX Energy Announces Closing of Rights Offering
Toronto, Ontario--(Newsfile Corp. - November 1, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Corporation") is pleased to announce that it has completed its previously announced rights offering (the "Offering").
Oct 26, 2021 07:45 am ET
CGX Energy Announces Appointment of Vice President-Development and Granting of Stock Option Grants
Toronto, Ontario--(Newsfile Corp. - October 26, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company"), announces the appointment of Todd Durkee as Vice-President of Development. Mr. Durkee will oversee the development aspects of the Company's projects on its petroleum prospecting licences and deep-water port development. Mr. Durkee will be a core member of the Company's management team, bringing deep industry experience in key strategic and decision making positions. Mr. Durkee was most recently the Vice President of Worldwide Deepwater Drilling and Completions of Anadarko Petroleum Corporation ("Anadarko").
Oct 20, 2021 08:30 am ET
CGX Energy Inc. Provides Operational Update and Notice of Virtual Presentation on Guyana-Suriname Basin, Offshore Corentyne Block and Kawa-1 Objectives
Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX") today announced that CGX and Frontera Energy Corporation (TSX: FEC) ("Frontera), the majority shareholder of CGX and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana (the "Joint Venture") will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on October 22, 2021 from 10:00 - 11:00 am EST. The objective of the virtual presentation is to share information about recent basin activity, geological modeling and drilling objectives. No current Kawa-1 drilling status updates will be provided at the time of the presentation. Participants can submit questions in advance to [email protected] or [email protected]. Questions may also be submitted during the informational presentation. The Joint Venture cordially invites all shareholders, stakeholders and investors to attend the virtual presentation.
Oct 20, 2021 08:30 am ET
Frontera Energy Provides Notice of Virtual Presentation on Guyana-Suriname Basin, Offshore Corentyne Block and Kawa-1 Objectives
CALGARY, AB, Oct. 20, 2021 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera"), the majority shareholder of CGX Energy Inc. (TSXV: OYL) ("CGX") and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana (the "Joint Venture") will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on October 22, 2021 from 10:00 - 11:00 am EST. The objective of the virtual presentation is to sh
Oct 20, 2021 08:30 am ET
Frontera Energy Provides Notice of Virtual Presentation on Guyana-Suriname Basin, Offshore Corentyne Block and Kawa-1 Objectives
CALGARY, AB, Oct. 20, 2021 /CNW/ - Frontera Energy Corporation (TSX: FEC) ("Frontera"), the majority shareholder of CGX Energy Inc. (TSXV: OYL) ("CGX") and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana (the "Joint Venture") will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on October 22, 2021 from 10:00 - 11:00 am EST. The objective of the virtual presentation is to share inf
Sep 24, 2021 07:30 am ET
CGX Energy Announces US$58 Million Equity Rights Offering, Providing an Equal and Exciting Opportunity to Participate for All Shareholders
Frontera Energy to Provide Anchor Support, Backstop and US$20 Million Advance Through a Bridge Loan
Aug 23, 2021 08:01 am ET
The Kawa-1 Exploration Well Offshore Guyana Has Spud
Toronto, Ontario--(Newsfile Corp. - August 23, 2021) - CGX Energy Inc (TSXV: OYL) ("CGX" or "the Company"), today announced the spudding of the Kawa-1 exploration well, offshore Guyana. CGX and Frontera Energy Corporation (TSX: FEC) ("Frontera"), the majority shareholder of CGX, and its joint venture partner (collectively, the "Joint Venture") in the Demerara and Corentyne blocks, also separately announced an update on spud of the Kawa-1 well. Additionally, the Joint Venture has exercised its option to drill a second well with Maersk Drilling Holdings Singapore Pte ("Maersk") through the use of Maersk Discoverer.
Aug 11, 2021 08:53 pm ET
CGX Energy Announces Filing of Second Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - August 11, 2021) - CGX Energy Inc. (TSX: OYL) ("CGX Energy" or the "Company") announced today the release of its unaudited Consolidated Financial Statements for the second quarter of 2021, 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.
Jul 12, 2021 07:00 am ET
CGX Energy Provides Operational Update and Results of Annual General Meeting
Toronto, Ontario--(Newsfile Corp. - July 12, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX" or "the Company"), today announced an update on the activities related to its offshore exploration blocks, deep water port project and on the results of the CGX Annual General Meeting. CGX and Frontera Energy Corporation ("Frontera") (TSX: FEC), the majority shareholder of CGX, and its joint venture partner (collectively, the "Joint Venture") in the Demerara and Corentyne blocks, also separately announced an update on activities related to the Corentyne block.
May 28, 2021 06:31 pm ET
CGX Energy Completes US$19 Million Loan Agreement
Toronto, Ontario--(Newsfile Corp. - May 28, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") today announced that they have completed the loan agreement (the "Loan Agreement") with Frontera Energy Corporation ("Frontera") related to the US$19 million loan (the "Loan") previously announced on April 16, 2021, that will enable CGX Energy to continue to finance its share of costs related to the Corentyne, Demerara and Berbice blocks, the Berbice Deepwater Port, and other budgeted costs.
May 05, 2021 10:19 pm ET
CGX Energy Announces Filing of First Quarter Financial Statements
Toronto, Ontario--(Newsfile Corp. - May 5, 2021) - 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 2021, 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.
Apr 22, 2021 07:00 am ET
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
Toronto, Ontario--(Newsfile Corp. - April 22, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the Company") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint-venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana, separately announced today that CGX Resources Inc. ("CGX Resources"), Operator of the Corentyne offshore block, has entered into an agreement (the "Drilling Contract") with Maersk Drilling Holdings Singapore Pte. Ltd., a subsidiary of The Drilling Company of 1972 A/S, for the provision of a semi-submersible drilling unit, the Maersk Discoverer, and associated services to drill the Joint Venture's Kawa-1 well. The Joint Venture is targeting an early third quarter spud for the Kawa-1 well in 2021.
Apr 16, 2021 11:51 pm ET
Frontera and CGX Announce $19 Million Loan Agreement
Enables CGX to Continue to Finance Its Share of Joint Venture Expenditures; Kawa-1 Remains On-Track to Spud in 2H21
Mar 23, 2021 07:01 pm ET
CGX Energy Completes Grant of Previously Announced Stock Options
Toronto, Ontario--(Newsfile Corp. - March 23, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), announces that it has completed the grant of incentive stock options ("Options") previously announced on February 8, 2021 related to the appointment of Professor Mark D. Zoback as a Director of the Company and Ms. Jennifer Budlong as Exploration Manager. Pursuant to the appointments, the Company granted Professor Zoback and Ms. Budlong Options of 1,000,000 and 400,000, respectively, subject to regulatory approval. The stock options were granted on March 23, 2021 pursuant to the Company's stock option plan and are exercisable at a price of $0.82 per share, set to expire on March 23, 2026. These Options vest as follows: (a) 1/3 of the Options granted immediately; (b) 1/3 of the Options granted on the six month anniversary of the Option grant; and (c) 1/3 of the Options granted, being the remaining amount, on the first anniversary of the Option grant, subject to a vesting acceleration clause under certain events.
Mar 18, 2021 10:05 pm ET
CGX Energy Files Year-End 2020 Audited Consolidated Financial Statements
Toronto, Ontario--(Newsfile Corp. - March 18, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announced today the release of its audited consolidated financial statements for the year ended December 31, 2020, together with its Management Discussion and Analysis. These documents will be posted on the Company's website at www.cgxenergy.com and on 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.
Mar 03, 2021 10:18 pm ET
CGX Provides Update on the Kawa-1 and Makarapan-1 Exploration Wells and Exploration Program
Toronto, Ontario--(Newsfile Corp. - March 3, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), today provided an update on the Kawa-1 and Makarapan-1 exploration wells and exploration program:
Feb 16, 2021 06:00 am ET
CGX Energy Inc. Announces Guyana Resource Evaluation Report
Successful Rescheduling of Demerara Work Commitment
Feb 08, 2021 08:52 pm ET
Jan 05, 2021 10:22 pm ET
CGX Energy Announces Appointment of Drilling Director
Toronto, Ontario--(Newsfile Corp. - January 5, 2021) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), 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.
Nov 27, 2020 08:30 am ET
CGX Announces Rescheduling of Work Commitments in Corentyne Block, Guyana
Toronto, Ontario--(Newsfile Corp. - November 27, 2020) - CGX Energy Inc. (TSXV: OYL) ("CGX" or "the Company") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), the joint venture partners (the "Joint Venture") 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.
Nov 04, 2020 08:26 pm ET
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 United States dollars unless otherwise stated.
Aug 06, 2020 07:54 pm ET
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 otherwise stated.
May 06, 2020 04:30 pm ET
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 stated.
Mar 05, 2020 09:31 pm ET
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 otherwise stated.
Jan 17, 2020 05:57 pm ET
CGX Energy Announces Stock Option Grant
TORONTO, Jan. 17, 2020 /CNW/ - CGX Energy Inc. ("CGX Energy" or the "Company"), announces the granting of incentive stock options to purchase 1,510,000 common shares of the Company (the "Options"), 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: (a) one-third of the Options vest immediately; (b) one-third of the Options vest on the six month anniversary of when the Options were granted; and (c) an
Jan 15, 2020 07:53 pm ET
CGX Energy Announces Appointment of Mr. Gabriel De Alba as Co-Chairman to the Board of Directors
TORONTO, Jan. 15, 2020 /CNW/ - CGX Energy Inc. ("CGX Energy" or the "Company"), announces the appointment of Mr. Gabriel De Alba as Co-Chairman to the Company's board of directors (the "Board"). Mr. De Alba was elected as a director of the Company at a special meeting of shareholders held on Tuesday January 7, 2020.
Jan 09, 2020 08:22 am ET
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 detailed results of the vote are set out below:
Dec 03, 2019 09:19 am ET
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, 2024. These Options vest as follows: (a) 1/3 of the Options granted immediately; (b) 1/3 of the Options granted on the six month anniversary of the Option grant; and (c) 1/3 of the Options granted, being the remaining amount, on the first anniversary of the Option grant, subject to a vesting acceleration clause under certain events.
Nov 13, 2019 04:31 pm ET
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.
Nov 13, 2019 03:46 pm ET
IIROC Trading Resumption - OYL
VANCOUVER, Nov. 13, 2019 /CNW/ - Trading resumes in:
Nov 13, 2019 11:33 am ET
IIROC Trading Halt - OYL
VANCOUVER, Nov. 13, 2019 /CNW/ - The following issues have been halted by IIROC:
Nov 07, 2019 06:50 pm ET
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.
Sep 25, 2019 06:00 am ET
CGX Energy and Frontera Announce Conversion of Bridge Loan
TORONTO, Sept. 25, 2019 /CNW/ - 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").
Sep 25, 2019 06:00 am ET
CGX Energy and Frontera Announce Conversion of Bridge Loan
TORONTO, Sept. 25, 2019 /PRNewswire/ - 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").
Sep 25, 2019 06:00 am ET
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").
Sep 23, 2019 04:29 pm ET
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.
Aug 28, 2019 05:09 pm ET
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.
Aug 16, 2019 04:00 pm ET
CGX Announces Change to Its Board of Directors
Professor Suresh Narine, Chairman and Executive Director (Guyana) of CGX Energy commented:
Aug 02, 2019 04:30 pm ET
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.
Jul 17, 2019 11:50 am ET
Apolo II Acquisition Corp. Signs Definitive Agreement With Terrace Inc. to Advance Qualifying Transaction
Apolo II Acquisition Corp. (the “Corporation”), a “capital pool company” pursuant to the policies of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a definitive business combination agreement (the...
Jun 27, 2019 04:36 pm ET
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 set out below:NomineeOutcome of VoteVotedVoted (%)Erik LyngbergApprovedFor: 176,261,653Withhold: 206,12799.9%0.1%Dennis MillsApprovedFor: 176,287,938Withhold: 179,84299.9%0.1%Suresh NarineApprovedFor: 176,246,023Withhold: 221,75799.9%0.1%
May 28, 2019 06:22 pm ET
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.
May 03, 2019 06:00 am ET
CGX Energy and Frontera Energy Receive Approval of Strategic Joint Venture from the Government of The Cooperative Republic of Guyana
TORONTO, May 3, 2019 /CNW/ - 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.
May 03, 2019 06:00 am ET
CGX Energy and Frontera Energy Receive Approval of Strategic Joint Venture from the Government of The Cooperative Republic of Guyana
TORONTO, May 3, 2019 /PRNewswire/ - 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.
May 03, 2019 06:00 am ET
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.
Apr 24, 2019 11:21 pm ET
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.
Mar 14, 2019 09:03 pm ET
CGX Energy Announces Closing of Over-Subscribed Equity Rights Offering
TORONTO, March 14, 2019 /CNW/ - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Corporation") is pleased to announce that it has completed its previously announced rights offering (the "Offering"). Pursuant to the Offering, the Corporation issued to holders of its outstanding common shares (the "Common Shares") of record as at the close of business on February 11, 2019 an aggregate of 116,102,318 transferable rights (each, a "Right") to subscribe for, until 5:00 p.m. (Toronto time) on March 12, 2019 (the "Expiry Date"), an aggregate of 116,102,318 Common Shares. Each Right entitled the holder the
Feb 01, 2019 07:43 am ET
CGX Energy Announces Equity Rights Offering
TORONTO, Feb. 1, 2019 /CNW/ - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Corporation") announced today that it will be offering rights (each, a "Right") to holders of its common shares ( "Common Shares") at the close of business on the record date of February 11, 2019, on the basis of one (1) Right for each Common Share held (the "Rights Offering"). Each one (1) Right will entitle the holder to subscribe for one (1) Common Share upon payment of the subscription price of C$0.25 (the "Basic Subscription Privilege"). There are currently 116,102,318 Common Shares issued and outstanding. The Righ
Feb 01, 2019 06:00 am ET
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.
Feb 01, 2019 05:00 am ET
CGX Energy and Frontera Announce Execution of Farm-In Joint Venture Agreement and Bridge Loan
TORONTO, Feb. 1, 2019 /CNW/ - 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. 
Feb 01, 2019 05:00 am ET
CGX Energy and Frontera Announce Execution of Farm-In Joint Venture Agreement and Bridge Loan
TORONTO, Feb. 1, 2019 /PRNewswire/ - 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. 
Jan 11, 2019 06:30 am ET
CGX Energy and Frontera Announce Amendment to Letter Agreement
TORONTO, Jan. 11, 2019 /CNW/ - 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 to be completed on or prior to March 15, 2019, subject to regulatory approval.
Jan 11, 2019 06:30 am ET
CGX Energy and Frontera Announce Amendment to Letter Agreement
TORONTO, Jan. 11, 2019 /PRNewswire/ - 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 to be completed on or prior to March 15, 2019, subject to regulatory approval.
Dec 20, 2018 04:30 pm ET
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.
Dec 20, 2018 03:30 pm ET
CGX Energy and Frontera Announce Closing of Shares for Debt Transaction
TORONTO, Dec. 20, 2018 /CNW/ - 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.
Dec 20, 2018 03:30 pm ET
CGX Energy and Frontera Announce Closing of Shares for Debt Transaction
TORONTO, Dec. 20, 2018 /PRNewswire/ - 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.
Dec 17, 2018 10:00 pm ET
CGX Energy Announces Definitive Rig Agreement for use of the Ralph Coffman Rig for the Utakwaaka-1 Well
Toronto, Ontario--(Newsfile Corp. - December 17, 2018) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company"), through its wholly owned subsidiary CGX Resources Inc. has entered into a definitive rig agreement with ROWAN RIGS S.À R.L for the provision of rig services for the drilling of the Company's Utakwaaka-1 well in its Corentyne block.
Dec 17, 2018 01:30 pm ET
CGX Energy and Frontera Announce Amended Letter Agreement and Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - December 17, 2018) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that they have amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4, 2018 to enter into a debt settlement transaction and amend the convertible amount under a bridge loan facility.
Dec 17, 2018 12:30 pm ET
CGX Energy and Frontera Announce Amended Letter Agreement and Shares for Debt Settlement
TORONTO, Dec. 17, 2018 /CNW/ - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that they have amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4, 2018 to enter into a debt settlement transaction and amend the convertible amount under a bridge loan facility.
Dec 17, 2018 12:30 pm ET
CGX Energy and Frontera Announce Amended Letter Agreement and Shares for Debt Settlement
TORONTO, Dec. 17, 2018 /PRNewswire/ - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that they have amended a letter agreement previously disclosed in a news release of CGX and Frontera on December 4, 2018 to enter into a debt settlement transaction and amend the convertible amount under a bridge loan facility.
Dec 04, 2018 10:00 pm ET
CGX Energy and Frontera Announce Strategic Guyana Joint Venture Agreement
Represents Critical First Step in Recapitalization of CGX and the Advancement of its Exploration Projects in Guyana
Nov 13, 2018 10:30 am ET
Apolo II Acquisition Corp. Announces Proposed Qualifying Transaction
Apolo II Acquisition Corp. ("Apolo" or the "Corporation") (TSXV: APII.P) is pleased to announce that it has entered into a binding letter of intent dated November 12, 2018 (the "Letter of Intent") with Terrace Inc. ("Terrace") pursuant to which...
Oct 31, 2018 08:00 am ET
CGX Energy Agrees to Settle Liabilities Owed to Japan Drilling
Toronto, Ontario--(Newsfile Corp. - October 31, 2018) - CGX Energy Inc. ("CGX Energy") (TSXV: OYL) announced today that it and its subsidiary CGX Resources Inc. (collectively, the "Company") have entered into an agreement with Japan Drilling Co., Ltd. ("JDC") to settle all liabilities claimed by JDC from the Company arising from a drilling contract and subsequent settlement arrangements between the parties as detailed in note 9 to the Company's interim consolidated financial results for the three and six-month periods ended June 30, 2018 posted under the Company's profile at www.sedar.com.
Aug 08, 2018 12:59 pm ET
IIROC Trading Resumption - OYL
VANCOUVER, Aug. 8, 2018 /CNW/ - Trading resumes in:
Aug 08, 2018 12:33 pm ET
CGX Energy Inc. Names Its Corentyne Prospect
Toronto, Ontario--(Newsfile Corp. - August 8, 2018) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") announces that it shall be naming a prospect in its Corentyne Petroleum Prospecting Licence (PPL) at a ceremony in Guyana, presided by the Indigenous Peoples of that country on Friday August 10th, 2018.
Aug 07, 2018 12:42 pm ET
IIROC Trading Halt - OYL
VANCOUVER, Aug. 7, 2018 /CNW/ - The following issues have been halted by IIROC:
Jun 19, 2018 05:36 pm ET
CGX Energy Inc. Announces Annual and Special Meeting Voting Results
Toronto, Ontario--(Newsfile Corp. - June 19, 2018) - CGX Energy Inc. (TSXV: OYL) ("CGX Energy" or the "Company") annual and special meeting of shareholders was held on Tuesday June 19, 2018, where each of the three nominees proposed as directors pursuant to the Company's management proxy circular dated May 3, 2018, were elected as directors. The directors achieved an average approval vote of 99% from shareholders. The detailed results of the vote are set out below:
Apr 06, 2018 06:25 pm ET
CGX Energy Files Year-End Audited Financial Statements
TORONTO, April 6, 2018 /CNW/ - CGX Energy Inc. ("CGX Energy" or the "Company") announced today the release of its audited consolidated financial results for the year ended December 31, 2017, 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.
Mar 02, 2018 08:50 am ET
CGX Energy Inc. Announces the Appointment of Drilling Engineer to design its next well on the Corentyne Block in Guyana
TORONTO, March 2, 2018 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announced today the appointment of Drilling Engineer Michael (Mike) P. Stockinger as Project Operations Manager, who will be in charge of designing the company's next offshore exploration well on the Corentyne Block offshore Guyana. Executive Chairman, Professor Suresh Narine said "we are delighted that Mike Stockinger has rejoined the company as our Drilling Engineer. Mike brings 40 years of experience in the oil and gas business specializing in drilling, completions, and production engineering and
Jan 10, 2018 04:00 am ET
CGX Announces the Resignation of its Chief Executive Officer
TORONTO, Jan. 10, 2018 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announces that it has accepted Mr. Dewi Jones' resignation as Chief Executive Officer of the Company, effective January 8, 2018.
Dec 18, 2017 09:01 am ET
IIROC Trade Resumption - CGX Energy Inc.
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2017) - Trading resumes in:
Dec 18, 2017 08:33 am ET
IIROC Trade Halt - CGX Energy Inc.
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2017) - The following issues have been halted by IIROC:
Dec 18, 2017 08:00 am ET
IIROC Trading Resumption - OYL
VANCOUVER, Dec. 18, 2017 /CNW/ - Trading resumes in:
Dec 18, 2017 07:50 am ET
CGX Announces Successful Renegotiation of its Work Commitments on the Corentyne, Demerara and Berbice Petroleum Prospecting Licenses in Guyana
TORONTO, Dec. 18, 2017 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX" or the "Company") announces that it has successfully renegotiated its work commitments for the Demerara, Corentyne and Berbice Petroleum Prospecting Licenses with the Government of Guyana. As part of the renegotiation, the Company has also agreed to relinquish 25% of the acreage of both the Corentyne and Demerara blocks to the Government of Guyana. 
Dec 18, 2017 07:33 am ET
IIROC Trading Halt - OYL
VANCOUVER, Dec. 18, 2017 /CNW/ - The following issues have been halted by IIROC:
May 01, 2017 07:29 pm ET
Jan 30, 2017 05:41 pm ET
CGX Energy Announces Change to its Board of Directors
TORONTO, Jan. 30, 2017 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announced today that Dr. Dennis Pieters has resigned as a member of the board of directors of the Company, effective January 27, 2017 to pursue other opportunities. The Company has not appointed a replacement for Dr. Pieters at this time.
Dec 21, 2016 04:15 pm ET
CGX Energy Announces Changes to its Board of Directors
TORONTO, Dec. 21, 2016 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announced today that Messrs. Ronald Pantin, Serafino Iacono, Marino Ostos, and Michael Galego (collectively, the "Pacific Nominees") have all resigned as members of the board of directors of the Company (the "Board"), effective November 30, 2016. The Company would like to thank the Pacific Nominees for their contributions.
Nov 29, 2016 04:43 pm ET
Oct 18, 2016 11:03 pm ET
Aug 29, 2016 09:39 pm ET
Jul 29, 2016 07:07 pm ET
May 27, 2016 07:50 pm ET
May 02, 2016 09:08 am ET
Feb 10, 2016 06:27 pm ET