CGX Energy Inc.

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CGX Energy Files Third Quarter Financial Statements

Toronto, Ontario--(Newsfile Corp. - November 13, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") today announced the release of its unaudited consolidated financial statements and Management Discussion and Analysis for the third quarter of 2025 (together, the "Financial Disclosures"). Quarterly-to-Date Highlights:Working Capital LoanOn November 3, 2025, the Company announced that entered into a Senior Secured Loan Facility (the "Loan") through its subsidiary CGX Resources Inc....

2025-11-13 11:20 PM EST

CGX Energy Announces US$2.5 Million Loan Agreement

Toronto, Ontario--(Newsfile Corp. - November 3, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX"), announced today that its subsidiary, CGX Resources Inc. ("CGX Resources" or the "Borrower"), has entered into a Senior Secured Loan Facility with Frontera Energy Corporation (TSX: FEC) ("Frontera"), its joint venture partner in the Petroleum Prospecting Licenses for the Corentyne block offshore Guyana, through one of Frontera's subsidiaries. The US$2.5 million loan (the "Loan") will enable CGX to...

2025-11-03 9:51 PM EST

CGX Energy Files Second Quarter Financial Statements, Announces Impairment of the Corentyne Block, and Changes to the Board of Directors

Toronto, Ontario--(Newsfile Corp. - August 13, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") today announced the release of its unaudited consolidated financial statements and Management Discussion and Analysis for the second quarter of 2025 (together, the "Financial Disclosures"), which include the recognition of an impairment loss of $56.4 million on its exploration and evaluation assets related to the Company's Corentyne Block. The Company evaluated the Corentyne exploration...

2025-08-13 11:19 PM EDT

CGX Energy Provides Notice of Second Quarter 2025 Financial Results and Update on Corentyne Block

Toronto, Ontario--(Newsfile Corp. - August 1, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today that it will release its financial and operational results for the second quarter ended June 30, 2025, after markets close on Wednesday, August 13, 2025.As previously disclosed on May 9, 2025, Frontera Energy Corporation and its subsidiaries, Frontera Petroleum International Holding B.V. and Frontera Energy Guyana Holding Ltd. (together, the "Investors"), submitted a...

2025-08-01 8:15 AM EDT

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...

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...

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...

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...

2025-02-24 9:06 PM EST

Frontera Energy and CGX Energy Provide Update on Corentyne Block License

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,...

2024-12-12 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...

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...

2024-08-07 10:11 PM EDT

CGX Energy and Frontera Energy File Notice of Potential Commercial Interest for Wei-1 Well, Offshore Guyana

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...

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...

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...

2024-03-07 11:01 PM EST

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

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...

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...

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...

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...

2023-06-28 7:00 AM EDT

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