CGX Energy Inc
CGX Energy Inc. is a publicly traded Canadian oil and gas exploration company based in Toronto, Ontario, with a significant interest in the Corentyne block located in the Guyana Basin, a proven petroleum region with over 11 billion barrels of recoverable oil equivalent discovered to date. Since its inception in 1997, CGX has actively explored both onshore and offshore areas of Guyana, successfully drilling the Kawa1 well in 2021-2022, which confirmed the presence of a working petroleum system in the northern region of the Corentyne Block.
The company is currently preparing to drill its Wei1 exploration well, strategically located adjacent to other major commercial discoveries in the region. Additionally, through its wholly-owned subsidiary, Grand Canal Industrial Estates, CGX is constructing the Berbice Deep Water Port, enhancing its operational capabilities in Guyana.
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