Investor Presentaiton
Company Overview
cgx
energy inc
• CGX Energy Inc. (TSX-V:OYL) is an oil and gas exploration company focused on the Guyana Basin E&P and
construction of a Deep Water Port on the Berbice River.
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Headquartered in Toronto, Canada with operational offices in Houston, Texas USA and Georgetown, Guyana.
• CGX Energy wholly owned subsidiary, CGX Resources Inc. (CRI), holds 32% Working Interest ("WI") of the
Corentyne Petroleum Prospecting License in Guyana (Corentyne PPL).
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CGX has, in principle, reached agreements with the Government of Guyana to relinquish the Demerara and
Berbice blocks through mutual termination agreements which terms remain to be defined and documented.
On May 9, 2022, CGX confirmed a discovery at Kawa-1 with 228 feet (69 meters) of net pay across the
Maastrichtian, Campanian, Santonian and Coniacian reservoir target intervals.
• 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 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 for 23 years and is widely acclaimed as Guyana's "Indigenous Oil Company;"
maintaining strong relationships with the Government and People of Guyana.
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Frontera Energy Corp. (TSX: FEC), a major independent O&G Canadian company operating in Latin America,
supports CGX initiatives, as a 78% equity shareholder.
1 The Company signed an agreement with Frontera on July 21, 2022 to transfer 34.667% interest in the Corentyne block to FEC: after closing, the Company will
hold 32% Working Interest in the Corentyne block. The closing of the agreement is subject to certain precedent conditions including TSX-V and Government of
Guyana approval.
www.cgxenergy.com
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