CGX Energy CEO quits, Narine to act as Executive Chairman

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Canadian-based oil and gas exploration company CGX Energy has accepted the resignation of its Chief Executive Officer.

CGX Energy, focused on the exploration of oil in the Guyana-Suriname Basin, said on Wednesday it accepted the resignation of CEO Dewi Jones, effective January 8, 2018.

Dewi Jones, also a member of the company’s Executive Committee, is an upstream exploration and development professional with 27 years of technical and managerial experience focused on Latin America and the Caribbean.

Jones began his career with Occidental Petroleum in his native country of Colombia and held several international technical positions during his ten-year tenure with Occidental.

He then held several senior technical and management positions with companies including Coastal Oil & Gas Corporation, Pioneer Natural Resources, and Samson International Ltd. before joining Repsol/YPF in 2004 where he served as an exploration manager for the Caribbean Region, including the Guyana-Suriname Basin, and in the same capacity for the Pacific Region of South America.

The company also said that Suresh Narine, CGX Energy’s Chairman and Executive Director for Guyana, would act in the capacity of Executive Chairman of the company for the foreseeable future.

Narine said: “The Company would like to thank Mr. Jones for his contribution over the years and wish him success in his future endeavors.”