Slide 1: Frontera Energy Corp. in Guyana 2023
Frontera Energy Corp. in Guyana 2023
Slide 2: Advisories
ADVISORIES Forward-Looking Information - This presentation contains forward-looking information within the meaning of Canadian securities laws. Forward-looking information relates to activities, events or developments that CGX Energy Inc. (“CGX”) and Frontera Energy Corporation (“Frontera”) believes
Slide 3: About Us (Frontera)
About Us ● Frontera Energy Corporation is a Canadian public company listed on the Toronto Stock Exchange (TSX: FEC) ● Established in 2017 ● Deep oil & gas technical and operational expertise ● Frontera has a diversified portfolio of assets with interests in 32 exploration and production blocks in Co
Slide 4: Broad Vision and Local Impact
Broad Vision and Local Impact ● Frontera recognises that stakeholders demand a strong sustainability strategy at the center of their businesses, focusing not only on what they do but how they do it. ● FEC has wide experience operating in Latin America ● Frontera has challenging goals to impact its c
Slide 5: We Are Building A Sustainable Future
We Are Building A Sustainable Future OUR ESG STRATEGY • In 2020, we redefined our sustainability strategy and our commitments are now focused on environmental, social and governance factors (ESG). • We set quantifiable medium and long-term goals that allows us monitoring the organization’s progress.
Slide 6: Guyana's Indigenous Oil Company
Guyana’s “Indigenous Oil Company” www.cgxenergy.com
Slide 7: About Us (CGX)
About Us ● CGX Energy Inc. is a Canadian public company listed on the Toronto Venture Stock Exchange (TSXV: OYL) ● Established in 1997 ● Pioneering Veteran Operator in Guyana Basin ● Drilled 4 Offshore Wells - Kawa-1 Discovery ● Now drilling Wei-1: 5th offshore well ● Drilled 3 Onshore Wells ● Const
Slide 8: More than 2.5 Decades Investing in Guyana
More than 2.5 Decades Investing in Guyana Early mover with sustained activity ● 5 Offshore Wells Including Wei-1 ● 3 Onshore Wells ● Several Seismic Acquisitions and Processing ● Geochemical and Geophysical Surveys ● Investment in Guyana’s Legal Challenge to Guyana and Suriname Border Dispute ● Tran
Slide 9: Our JV
Our JV Building A Solid Operation
Slide 10: Corentyne
Corentyne A potentially transformational catalyst for value creation Exploration and Appraisal Activities ● The Frontera / CGX Joint Venture is currently drilling the Wei-1 well, which when complete, it is estimated that the JV will have invested over $380MM in the Corentyne and Demerara blocks ○ Co
Slide 11: Wei-1: Commences the Corentyne Appraisal Programme
Wei-1: Commences the Corentyne Appraisal Programme Wei-1 Objectives • Wei-1 is both an Exploration and Appraisal Well • Target Depth 20,500ft • Seeks Comprehensive Evaluation of Reservoirs in Maastrichtian, Campanian and Santonian • Appraises Kawa-1 Discovery Area Well Update • Further Evaluates and
Slide 12: HSE and Sustainability in Guyana
HSE and Sustainability in Guyana Safety and Environment The goals of the CGX / Frontera JV are to operate safely, while protecting Guyana's environment, and to partner with service providers and the crews of the Discoverer for a safe and successful well outcome. A Partnership To Impact Local Develop
Slide 13: Proud Supporters Of Guyanese Development
Proud Supporters Of Guyanese Development Advanced Academic Training On September 20th, 2019, an agreement was made between Trent University, the University and Research Program’s Main of Guyana, CGX Energy Inc., CGX Resources Inc., Highlights and Frontera Energy 9 scholars who have been awarded scho
Slide 14: Sustainable Guyana
hee “OS ee Sustainable Guyana De!