Corentyne Acreage and Activity Overview
Company Overview
cgx①
cgx
energy inc
• CGX Energy Inc. (TSX-V: OYL) is an oil and gas exploration company focused on the Guyana Basin E&P
opportunities and construction of a Deep Water Port on the Berbice River.
Headquartered in Toronto, Canada with operational offices in Houston, USA and Georgetown, Guyana.
• CGX Energy wholly owned subsidiary, CGX Resources Inc. (CRI), holds 32% Working Interest ("WI") of the
Corentyne Petroleum Prospecting License (Corentyne PPL) in Guyana.
• On May 9, 2022, CGX recorded a discovery at Kawa-1 with 228 feet (69 meters) of net pay across the
Maastrichtian, Campanian, Santonian and Coniacian reservoir target intervals, within the northern region of its
Corentyne block.
CGX, through its wholly owned subsidiary; Grand Canal Industrial Estates Inc. (GCIE), is constructing the Berbice
Deep Water Port on a site north of Crab Island in Region 6, Guyana, 4.8 km from the Atlantic Ocean.
• CGX has a highly skilled and qualified management team with extensive Guyanese and industry experience.
• CGX has been operating in Guyana since 1997 and is widely acclaimed as Guyana's "Indigenous Oil Company;"
maintaining strong relationships with the Government and People of Guyana.
• Frontera Energy Corp. (TSX: FEC), a major independent O&G Canadian company operating in Latin America,
supports CGX initiatives, as a 76% equity shareholder and JV Partner on the Corentyne block (68% WI).
www.cgxenergy.com
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