CGX Resources
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CGX Resources
CGX Resources
CGX is a Canadian oil and gas exploration company that holds three licenses in the Guyana – Suriname basin, formed in 1998 by John Cullen and Guyanese Edris Dookie (who is no longer with the company). The company is pursuing the Equatorial Atlantic Margin Play analogous to West Africa and Brazil and is fully funded for two offshore wells that will test multibillion barrel potential. The three licenses held are “New Demerara Petroleum Agreement”, “New Berbice Petroleum Agreement” and “Corentyne Petroleum Agreement” acquired in 2012 and 2013 from the Government of Guyana.