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Last C$0.27 CAD
Change Today -0.03 / -10.17%
Volume 23.7K
OYL On Other Exchanges
As of 12:42 PM 10/13/15 All times are local (Market data is delayed by at least 15 minutes).

cgx energy inc (OYL) Snapshot

Previous Close
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52 Week High
05/20/15 - C$2.09
52 Week Low
12/30/14 - C$0.17
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Current Stock Chart for CGX ENERGY INC (OYL)

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cgx energy inc (OYL) Details

CGX Energy Inc., an oil and gas exploration company, engages in the exploration and development of petroleum and natural gas properties in Guyana, South America. As of April 29, 2015, it had interests in three petroleum agreements, including Corentyne, Demerara, and Berbice blocks that cover approximately 3,331,452 gross acres in offshore and onshore Guyana. The company was founded in 1998 and is headquartered in Toronto, Canada.

Founded in 1998

cgx energy inc (OYL) Top Compensated Officers

Chief Executive Officer and Member of Executi...
Total Annual Compensation: C$386.6K
Chief Financial Officer
Total Annual Compensation: C$303.7K
General Counsel and Secretary
Total Annual Compensation: --
Total Annual Compensation: C$159.0K
Compensation as of Fiscal Year 2014.

cgx energy inc (OYL) Key Developments

CGX Energy Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2015

CGX Energy Inc. announced unaudited consolidated earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported net loss of $2,302,686 or $0.02 a share, compared with $1,527,658 or $0.02 a share for the same period in 2014.

CGX Energy, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

CGX Energy, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net loss of $837,278 or $0.01 a share compared with $1,185,644 or $0.02 a share for the same period in 2014.

CGX Energy, Inc. Provides an Operational Update on its Exploration Assets in Guyana

CGX Energy Inc. provided an operational update on its exploration assets in Guyana. There have been various media reports in Guyana with respect to a possible discovery by Exxon in the Stabroek Block, offshore Guyana. The Stabroek Block is immediately adjacent to the company's 100% owned Corentyne Block, offshore Guyana. The company announced it has completed a 3,005 kilometer airborne survey on January 18, 2015. This exceeds the required commitment under the terms of the new Berbice petroleum agreement and petroleum prospecting licence which was granted by the Government of Guyana to ON Energy Inc., in February 2013. Pursuant to the new Berbice PA, covering 3,295 km2, the company has an obligation during the initial period of four years to conduct an airborne survey comprising a minimum of 1,000 kilometers and to either conduct a 2D seismic survey comprising a minimum of 100 kilometers or commence to drill one exploration well. The Berbice PPL is 62% owned by the company.


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