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Investor Presentaiton

CGX Energy Offshore Activity Map - Exploration Activity Adjacent to Northern Region Corentyne • cgx energy inc Northern Region Corentyne is surrounded by recent discoveries in several Cretaceous SEABOB (2022): • 40 meters of reservoir ⚫ Campanian FANGTOOTH (December 2022): • WD 6,029 ft ⚫L.Campanian/Santonian- Exxon's first dedicated deep test • 164 ft oil-bearing reservoir BARRELEYE (April 2022): • WD 3840 ft 230 ft pay (52 ft oil) L. Campanian/Santonian Targets and "additional shallower and deeper" targets LUKANANI (April 2022): WD 4048 ft 115 ft pay (76 ft oil) Maastrichtian/L. Campanian targets LAU LAU (January 2022): • WD 4,792 ft • 315 ft "hydrocarbon-bearing" reservoir KIRU KIRU (2022): • 30 meters of reservoir • Campanian and Santonian PLUMA (December 2018): SAILFIN (October 2022): • TD 16,443 ft (WD 3,339 ft) Maastrichtian/U.Campanian Berbice Canyon . (WD 4,616 ft) • 312 ft hydrocarbon bearing sandstone reservoirs WEL AWA . HAIMARA (February 2019): TD 18,286 ft (WD 4,589 ft) Maastrichtian/U.Campanian • 207' gas condensate pay Suriname MAKA CENTRAL (January 2020) ⚫TD 18,900 ft (WD 3,281 ft) Campanian 164 ft oil and gas condensate pay (40-60 API) • Santonian 239 ft oil pay (35-45 API) KWASKWASI (July 2020) • TD 21,804 ft (WD 3,281 ft) Campanian 207 ft oil pay & 282 ft oil/gas condensate (34-43 API) • Santonian 423 ft oil pay SAPAKARA (April 2020) TD 20,700 ft (WD 3,281 ft) Campanian 42 ft net condensate pay & 98 ft net oil pay (35-40 API) Santonian 118 ft oil pay (40-45 API) Being presented KESKESI (January 2021) . TD 22,900 ft (WD 2,379 ft) Campanian 190 ft condensate and oil pay (27-28 API) Santonian 16 ft oil pay (35-37 API) Aptian-Neocomian "very rich HC pay in high quality reservoir" Being appraised KRABDAGU (2022): • 295 ft net oil pay • Maastrichtian and Campanian KAWA (January 2022) TD 21,578 ft (WD 1174 ft) Maastrichtian 68 ft condensate pay Campanian 66 ft condensate pay Santonian 76 ft oil pay Coniacian 18 ft oil pay All well info from operator press releases and investor conferences • CGX's northern region of Corentyne block on trend with the "Golden Lane" discoveries on Stabroek block (11+ Bboe) • Northern region of Corentyne on trend with Campanian/ Santonian discoveries of Block 58 in Suriname (1.7+ Bboe) • On trend with developing Lower Campanian-Santonian exploration play up-dip of Golden Lane in Stabroek block (Fangtooth, Lukanani, Barreleye, Kiru Kiru) • Kawa-1 results are consistent with discovery wells reported by other operators surrounding the northern region of the Corentyne block www.cgxenergy.com 9
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