CGX Energy Loses Majority Interest In Corentyne Block In Attempt To Fund Exploration
In an attempt to fund its exploration, CGX Energy (TSXV: OYL) has given up majority ownership on its flagship asset.
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CGX Energy
CGX Energy To Relinquish Berbice, Demerara Blocks In Guyana As Focus Turns To Corentyne
CGX Energy (TSXV: OYL) is close to going all-in on its Corentyne block, found offshore of Guyana. The company this
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CGX Energy Continues To See Cash Position Deteriorate In First Quarter Of 2022
CGX Energy (TSXV: OYL) last night reported its first quarter financial results. While typically exploration-stage financial results are rather un-noteworthy,
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CGX Energy Closes On US$35 Million Financing With Frontera, Extends Maturity
CGX Energy (TSXV: OYL) has finally closed on a previously announced financing with its largest shareholder, Frontera Energy (TSX: FEC),
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CGX Energy Sources Short Term US$35 Million Loan From Frontera
CGX Energy (TSXV: OYL) appears to be getting bailed out by its largest shareholder. The firm late last night announced
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CGX Energy Announces 200ft Net Pay For Kawa-1, Abandons 2022 Exploration Plans For Demerara
CGX Energy (TSXV: OYL) this morning released slightly more details on its Kawa-1 well, which was drilled off shore of
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CGX Energy Closes $73.6 Million Rights Offering
CGX Energy (TSXV: OYL) announced today that it has closed its previously announced rights offering. The offering yielded gross proceeds amounting
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CGX Energy To Raise $73.6 Million Via Rights Offering, Frontera To Act As Backstop
CGX Energy (TSXV: OYL) this morning announced that is has secured funding for a bridge loan via a rights offering
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