CGX Energy Inc. was amalgamated pursuant to the Business Corporation Act (Ontario) on October 28, 1998 with Northwest Explorations Inc. On October 28, 1998, articles of amendment were filed to change the name of the Corporation to "CGX Energy Inc.".
CGX has four direct subsidiaries: CGX Resources Inc., ON Energy Inc., 1524555 Alberta Ltd., and GCIE Holdings Limited.
The following organizational chart sets forth the corporate structure of CGX, its ownership interest in each subsidiary corporation and interest of each subsidiary in the assets of CGX.
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* The Corentyne PA comprises two separate PPLs, the Annex PPL which is owned 100% by CGX Resources and the Corentyne PPL which has two components — the exploration rights offshore Guyana owned 100% by CGX Resources Inc. and the exploration rights onshore owned 100% by ON Energy having been transferred to ON Energy by CGX in September 2003.