CGX Energy Inc.
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New Financings
Closed its brokered private placement of some 370.1 million units at $0.10 per unit. Net proceeds will be…
It has closed its private placement to Pacific Rubiales Energy Corp. of 85,714,285 units at a price per…
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News
CGX, Frontera Find Oil with Wei-1 Well Offshore Guyana
Partners have tapped the SIA joint venture to create a conceptual subsea development to produce the oil.
Frontera, CGX Discover Oil at Wei-1 Well in Guyana
Wei-1 is one of two wells on Guyana's Corentyne block that CGX Energy and Frontera Energy had committed to drill.Â
Frontera, CGX Start Drilling Wei-1 Well in Guyana
The joint venture between CGX Energy Inc. and Frontera Energy Corp. begins drilling in Guyana as the region becomes an oil exploration hot spot.
Frontera, CGX to Spud Wei-1 Offshore Guyana by January
Frontera Energy, CGX Energy and the Guyana government have agreed to a timeline that will see the two IOCs drill the Wei-1 well in the Corentyne Block offshore no later than Jan. 31.
Frontera, CGX Energy Eye Wei-1 Exploration Well Offshore Guyana
The joint venture between Canada-based Frontera and CGX Energy eyes potential offshore Guyana in hopes of replicating success seen in the nearby Stabroek block.Â
Frontera, CGX Energy Say Light Oil, Gas Condensate Found in Guyana
The joint venture is expected to be the next consortium in moving oil exploration projects in Guyana to the development phase if discoveries are declared commercial.