Have CGX/Frontera made a game-changing discovery offshore Guyana?

February 2, 2022

Lying within the prolific “Golden Lane” that has yielded billions of barrels to date, CGX Energy’s Kawa discovery looks like a gamechanger and the culmination of a 20-year+ effort to strike it lucky in Guyana. The company’s stock jumped 30% on the day of the announcement and is up fourfold since mid-December, as speculation grew as drilling progressed.