CGX Energy : 2023 CGX Extractive Sector Transparency Measures Act - Annual Report

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name				CGX Energy Inc.
Reporting Year	From	1/1/2023	To:	12/31/2023	Date submitted	5/28/2024
Reporting Entity ESTMA Identification Number	E331794		Original Submission
	Amended Report
Other Subsidiaries Included
(optional field)
Not Consolidated
Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity	Daniel Sanchez Montenegro
Position Title	CFO

Date

5/8/2024

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

USD

Reporting Entity Name

CGX Energy Inc.

Currency of the Report

Reporting Entity ESTMA

E331794

Identification Number

Subsidiary Reporting Entities (if

necessary)

Payments by Payee

Departments, Agency, etc…

Infrastructure

Total Amount paid to

Country

Payee Name1

within Payee that Received

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Notes34

Payments2

Improvement Payments

Payee

Annual rental fee $100,000

National Government of

Guyana Geology and Mines

Annual training fees $200,000

Guyana

400,000

400,000 Assignment fee $100,000, transfer

Guyana

Commission

interest to joint operation partner

Additional Notes:

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year	From:	1/1/2023	To:	12/31/2023			USD
Reporting Entity Name			CGX Energy Inc.			Currency of the Report
Reporting Entity ESTMA			E331794
Identification Number
Subsidiary Reporting Entities (if
necessary)
					Payments by Project
Country	Project Name1	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Infrastructure	Total Amount paid by	Notes23
								Improvement Payments	Project
										Annual rental fee $100,000
										Annual training fees $200,000
Guyana	Corentyne PPL				400,000				400,000	Assignment fee $100,000,
						transfer interest to joint
										operation partner
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Additional Notes3: