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Last C$0.88 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 3:59 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

cgx energy inc (OYL) Snapshot

Open
C$0.83
Previous Close
C$0.88
Day High
C$0.88
Day Low
C$0.80
52 Week High
05/20/15 - C$2.09
52 Week Low
12/30/14 - C$0.17
Market Cap
82.5M
Average Volume 10 Days
633.5K
EPS TTM
C$-0.07
Shares Outstanding
93.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
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: --
Consultant
Total Annual Compensation: C$159.0K
Compensation as of Fiscal Year 2014.

cgx energy inc (OYL) Key Developments

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.

CGX Energy, Inc. Announces Unaudited Consolidated Financial Results for the Year Ended December 31, 2014

CGX Energy Inc. announced unaudited consolidated financial results for the year ended December 31, 2014. The company recorded a net loss of $45,001,229 or $0.56 a share for the year-ended December 31, 2014, compared with a gain of $599,207 or $0.01 a share for year-ended December 31, 2013.

CGX Energy, Inc. Auditor Raises 'Going Concern' Doubt

CGX Energy, Inc. filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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