Government of Guyana Confirms Corentyne License Remains in Full Force and Effect and Good Standing
Toronto, Ontario (Newsfile Corp. - December 1, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera
/PRNewswire/ - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") in the.
CGX Energy and Frontera Energy, JV partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, have announced that the Government of Guyana has agreed with the JV s declaration of force majeure regarding Phase Two of the Second Renewal Period of the Corentyne Block Petroleum Agreement and a corresponding extension of the License to January 31, 2023.
CGX Energy and Frontera Energy, joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, have announced the continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which follows the discovery of light oil and condensate at the Kawa-1 well earlier this year.
In-River Construction Underway At Berbice Deepwater Port
Toronto, Ontario (Newsfile Corp. - November 28, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera")