Guyana’s government has officially yanked the plug on the Frontera-CGX joint venture, canceling its oil prospecting license ...

Guyana's government has cancelled the Frontera and CGX Energy joint venture's prospecting license for the Corentyne block, the companies said on Thursday.

CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that the joint venture (the "Joint Venture"), which was established through their respective ...

CGX is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana.

About CGX CGX is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana.

The Guyanese government gave Frontera and CGX Energy, the joint operators that hold the license, a 30-day cancellation notice over unmet contract obligations. The Corentyne block was seen as a key ...

CGX Energy (TSXV: OYL) and (TSX: FEC) are officially out of an asset in Guyana. The two corporations this morning indicated ...