CGX Energy Provides Notice of Second Quarter 2025 Financial Results and Update on Corentyne Block

Core Viewpoint - CGX Energy Inc. is set to release its financial and operational results for Q2 2025 on August 13, 2025, after market close, while the ongoing dispute regarding the Corentyne block with the Government of Guyana remains unresolved [1][4]. Group 1: Financial Results Announcement - CGX Energy will announce its Q2 2025 financial results on August 13, 2025 [1]. Group 2: Dispute with Government of Guyana - Frontera Energy Corporation and its subsidiaries submitted a notice of intent to the Government of Guyana on March 26, 2025, alleging breaches of the UK-Guyana Bilateral Investment Treaty and the Guyana Investment Act [2]. - The Government of Guyana rejected the claims regarding the Corentyne block license, asserting that the Joint Venture's interest expired on June 28, 2024, but may consider a final meeting with the Investors in October 2025 [3]. - The Joint Venture, consisting of Frontera Energy Guyana Corp. and CGX Resources Inc., maintains that their interests in the Corentyne block are valid and that the Petroleum Agreement has not been terminated [4]. Group 3: Joint Venture Details - The Joint Venture holds a 100% working interest in the Corentyne block, with Frontera Guyana and CGX Resources having respective participating interests of 72.52% and 27.48% [5].