CGX Energy (TSE:OYL) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
CGX Energy Inc. has disclosed its unaudited financial statements and related discussion for Q1 2024, revealing amendments to a joint operating agreement with Frontera Guyana, which includes a minor interest reassignment and financial considerations totaling $2.1 million. The company is also actively exploring strategic options for its Corentyne block in Guyana, with investment bank Houlihan Lokey’s support, although the outcome of these endeavors is not guaranteed.
For further insights into TSE:OYL stock, check out TipRanks’ Stock Analysis page.
