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CGX begins survey ahead of Utakwaaka-1 drill campaign

CGX Energy is moving to undertake a shallow hazard survey at the Utakwaaka-1 well site within the Corentyne Block, offshore the South American country...

Guyana approves Frontera/CGX farm-in

Director of the Department of Energy Dr Mark Bynoe said that the Government of Guyana has given its approval for the farm-in joint venture...

CGX looking for ‘new dawn’ in Guyana oil and gas hotspot

CGX Energy is looking to have its joint venture with Frontera Energy Corporation provide working capital for the company's ongoing commitments on its Berbice, Corentyne...

CGX to begin hazard assessment at Utakwaaka-1

CGX Energy Inc. is set to begin a shallow hazard survey at its Utakwaaka-1 well site offshore Guyana ahead of a drill campaign scheduled...

Shift in equity financing, farm-in timetable won’t affect CGX’s first well

CGX Energy Inc. and Frontera Energy Corporation say that a pushing back of their equity financing and joint venture farm-in timeline to February 6....

CGX Energy Inc. contracts Ralph Coffman rig for Utakwaana well

CGX Energy Inc. through its wholly owned subsidiary CGX Resources Inc. announced that it has entered into a definitive rig agreement with ROWAN RIGS...

CGX Energy, Frontera in joint venture to explore ‘most exciting offshore...

CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC) announced Tuesday that they have entered into a letter agreement to enable CGX to...

CGX Energy agrees to settle all liabilities with Japan Drilling

CGX Energy Inc. announced on Wednesday that it has entered into an agreement with Japan Drilling Co., Ltd. along with its subsidiary CGX Resources...

Government releases CGX’s PSA covering Corentyne offshore concession

The Government of Guyana on Monday released another Petroleum Agreement, this time for CGX Resources Inc.’s Corentyne offshore concession. Government had a few weeks...

Guyana basin still risky for oil companies – Source

The notion that the Guyana basin has been completely de-risked because of the multiple oil discoveries made by US oil major, ExxonMobil, is misleading...