Last Price

0.42

Change

-0.02

Open Price

0.42

Volume

600

Prev. Close

0.44

Fiscal Regime

Guyana initiated a new top-quartile fiscal regime to encourage exploration. After commercial production begins, the Licencee is allowed to recover all capital and operating costs from "cost oil,’ which for the first three years is up to 75% of production and thereafter up to 65% of production. The Licencee share of the remaining production or "profit oil," for the first five years is 50% of the first 40,000 barrels of oil/day and 47% for additional production; and thereafter 45% in full satisfaction of all income taxes and royalties. Using full-cycle economics, including recovery of capital and operating costs, the Licencee’s share of gross revenue is estimated to be 63%.

News

Oct 10, 2014

CGX Energy Announces Bridge Loan and Ope...

Sep 22, 2014

CGX Energy Announces 3D Seismic Survey a...

Presentations

Jun 25, 2014

2013 Annual General Meeting

Mar 12, 2014

Corporate Presentation

CGX at a Glance