Investor Presentaiton

• • Guyana Basin E&P Derisking Basin with Discoveries • Stabroek block • Liza was the first commercial discovery of Oil and Gas in Guyana in May 2015 • . • • • • • • cgx energy inc Since, over 11 billion barrels of recoverable oil equivalent have been discovered, with billions of barrels of undrilled potential 34 major oil discoveries as of March 2023 Multiple play types: Cretaceous and Tertiary sands as well as carbonates Discoveries adjacent to northern region of CGX's Corentyne block at Pluma, Sailfin and Haimara found 37 meters, 95 meters and 63 meters of high-quality hydrocarbon-bearing sandstone reservoir Block 58 Suriname Adjacent to northern region of Corentyne block, 5 discoveries were made analogous to prospects identified by CGX January 2020: significant oil discovery in Maka Central well announced; discovery 7 miles from northern region Corentyne April 2020: Sapakara-West well announced 79 meters of net oil and gas condensate pay in two intervals; 20 miles from northern region Corentyne August 2020: Kwaskwasi 278 meters of net oil and volatile oil / gas condensate pay 15 miles from northern region Corentyne January 2021: Keskesi discovered oil/gas condensate pay 30 miles from northern region Corentyne July 2021: Sapakara South discovery well encountered 30 meters net pay further expanding the Sapakara Complex February 2022: significant oil discovered at Krabdagu-1; drilled to approximately 17,300 ft and encountered multiple stacked pay targets in Maastrichtian and Campanian intervals with approximately 295 of net oil pay www.cgxenergy.com 7

View entire presentation