Latest Breaking News On - பெட்ரோலியம் ப்ரோஸ்பெக்‌டிஂக் உரிமங்கள் - Page 3 : vimarsana.com

CGX Energy Inc.: Frontera and CGX Announce $19 Million Loan Agreement Toronto, Ontario (Newsfile Corp. - April 16, 2021) - Frontera Energy Corporation (TSX: FEC) ( Frontera ) and CGX Energy Inc. (TSXV: OYL) ( CGX ), joint venture partners (the Joint Venture ) in Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana, announced today that they have entered into a term sheet for a $19 million loan (the Loan ) that will enable CGX to continue to finance its share of costs related to the Corentyne, Demerara and Berbice blocks, the Berbice Deepwater Port, and other budgeted costs as agreed to by Frontera. Our joint venture with CGX represents a significant growth opportunity for both companies and is rooted in a commitment to the Guyanese government to develop these world class assets with a focus on local engagement and the development of infrastructure, said Orlando Cabrales, Chief Executive Officer of Frontera

Demerara mahaicaUnited statesUpper demerara berbiceSuresh narineOrlando cabralesTralisa marajBrent andersonNewsfile corpToronto stock exchangeEnergy incVenture exchangeFrontera energy corporationFinance its shareJoint venture expendituresEnergy corporationPetroleum prospecting licenses