CGX Energy Inc.

CGX Energy Inc. is a publicly traded Canadian company listed on the TSX Venture Exchange under the symbol OYL. It describes itself as a Guyana energy and infrastructure company, combining ownership and operation of the Berbice River Port and related logistics facilities in Guyana with management of oil and gas interests in the Guyana-Suriname Basin. The Berbice River Port commenced initial operations in December 2024 and provides cargo handling, storage and other port-related services. CGX is also a joint venture partner with Frontera Energy Guyana Corp. in respect of the Corentyne Block offshore Guyana; the joint venture maintains that its interests in the Corentyne Block remain valid and continues to evaluate available legal and dispute-resolution alternatives regarding the license. The company is headquartered in Toronto, Canada, and operates through a group of subsidiaries incorporated in the Bahamas, Barbados, Guyana and the United States. Its corporate structure includes CGX Resources Inc., GCIE Holdings, Grand Canal Industrial Estates Inc. and CGX Energy Management Corp. CGX Resources Inc. holds a 27.48% working interest in the Corentyne Petroleum Prospecting License in Guyana. The company emphasizes corporate governance, with a board of directors that meets at least four times annually and standing committees covering audit and corporate governance, nominating and social responsibility.

CGX Energy Inc. is a Canadian public company listed on the TSX Venture Exchange under the symbol OYL. It presents itself as a Guyana energy and infrastructure company. Its activities span two main areas: the ownership and operation of the Berbice River Port and related logistics facilities in Guyana, and the management of oil and gas interests in the Guyana-Suriname Basin. The Berbice River Port commenced initial operations in December 2024, offering cargo handling, storage and other port-related services. In parallel, CGX is a joint venture partner with Frontera Energy Guyana Corp. in respect of the Corentyne Block offshore Guyana. The joint venture maintains that its interests in the Corentyne Block remain valid and continues to evaluate available legal and dispute-resolution alternatives regarding the license. CGX operates through a corporate structure of four subsidiaries: CGX Resources Inc., a wholly-owned Bahamas subsidiary; GCIE Holdings, a wholly-owned Barbados subsidiary that owns 100% of Grand Canal Industrial Estates Inc.; Grand Canal Industrial Estates Inc., a Guyana corporation wholly owned by GCIE Holdings; and CGX Energy Management Corp., a wholly-owned Delaware, United States subsidiary. CGX Resources Inc. holds a 27.48% working interest in the Corentyne Petroleum Prospecting License in Guyana. The company maintains corporate governance practices with a board of directors meeting at least four times annually and standing committees for audit and for corporate governance, nominating and social responsibility.

• Berbice River Port commenced initial operations in December 2024.

A Guyana-focused energy and infrastructure company combining port operations with upstream oil and gas interests.

• Berbice River Port

  Port and logistics facility in Guyana providing cargo handling, storage and other port-related services.

• Corentyne Block joint venture

  Joint venture with Frontera Energy Guyana Corp. in respect of the Corentyne Block offshore Guyana; CGX Resources Inc. holds a 27.48% working interest in the Corentyne Petroleum Prospecting License.

1. 1Guyana Offshore Exploration | CGX Energy Inc.cgxenergy.com
2. 2Corporate Structure | Global Subsidiary Structure by CEIcgxenergy.com
3. 3Corporate Governance Policies by CGX | CORPORATE GOVERNANCEcgxenergy.com
4. 4CGX Energy Inc. (Canada) - Wikidatawikidata.org
5. 5Frontera Acquires 45,083,314 CGX Energy Common Shares in Connection with Rights Offeringmenafn.com