Corentyne Acreage and Activity Overview slide image

Corentyne Acreage and Activity Overview

Northern Region Corentyne Exploration Wei-1 Well cgx energy inc NW WEI-1 prospect 14 km KAWA-1 discovery • • OPPORTUNITY HIGHLIGHTS Multiple Targets (Maastrichtian, Campanian, and Santonian reservoirs) Seasoned team with decades of deep-water experience Kawa-1 significantly de-risked Wei-1 (14km apart in northern region of Corentyne block) • Proved hydrocarbons of Corentyne block up- dip from established production 2000m 1:171364 • Verified geological model of large sand • complexes Substantiated preservation of good porosity at depth Confirmed necessity for exploration expansion High quality seismic to rock type substantiated Coniacian Turonian View Across Corentyne Block WEI-1 Risk Assessment Individual primary zones Maastrichtian Campanian Santonian SE • Pre-Kawa Post Kawa Source 0.9 1 • Large stacked channel complexes Migration 0.95 1 • Upside potential in Coniacian deeper targets Reservoir 0.7 0.7 ● Further de-risking of Central Complex and Greater Corentyne block within Appraisal Area Trap 0.7 0.8 Seal 0.7 1 0.29 0.56 15 www.cgxenergy.com
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