Government of Guyana Confirms Corentyne License Remains in Full Force and Effect and Good Standing
Toronto, Ontario (Newsfile Corp. - December 1, 2022) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera
/PRNewswire/ - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") in the.
CGX Energy and Frontera Energy, JV partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, have announced that the Government of Guyana has agreed with the JV s declaration of force majeure regarding Phase Two of the Second Renewal Period of the Corentyne Block Petroleum Agreement and a corresponding extension of the License to January 31, 2023.