Notes

Slide Show

Outline

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2	CGX Energy Inc
3	Investment Highlights Pure exploration play in Suriname/Guyana Basin 2^nd largest land position in the 2^nd largest under explored basin in the world Multiple high-impact targets Near-term exploration and drilling program Strong management team/Guyanese partners Highly leveraged to drilling success
4	USGS Predict 24 Oilfields > 100 mm bbls USGS estimate 15.3 billion barrels oil 42 tcf gas ranked 2^nd as under explored basin estimate 117 oil fields 24 elephants > 100 million barrels of which 6 are giants > 500 million barrels
5	Latin America Offshore Top 10 Concession Holders source: IHS Energy
6	CGX - A Unique Opportunity Pure exploration in Guyana Applying new technology to a virgin basin Onshore Potential 800,000 gross acres, 680,000 net 20 geochemical leads 10s of million barrels potential per lead Offshore Potential 9 million gross acres (6.9 mm net) 3 giant targets > 10 seismic leads 100s of million barrels potential per lead Maritime border resolution proceeding
7	Guyanas Fiscal Regime Promotes Exploration
8	Surrounded by Oil & Gas Fields CGX 9.8 million gross acres, 7.7 mm net
9	Berbice Onshore Block ~ 800,000 acres Nearby Oil Shows & GeoChem Anomalies
10	Tambaredjo on Flanks of Basement High
11	Subsurface Geological Diagram Berbice Area
12	Highs & Faults Create Trap Framework
13	Berbice GeoChem Anomalies
14	Berbice Exploration 2003 - 2004 Phase 1 GeoChem US$550,000 Q4 2003 Q1 2004 Geochemical, aeromag and gravity to focus seismic targets Reduce amount of seismic and costs Phase 2 Seismic US$1,400,000 Q2 2004 190 kilometres 2-D seismic Refine drillable targets Phase 3 Exploration Drilling US$4,000,000 H2 2004 Drill 4 - 6 targets to maximum 7,500 feet
15	Offshore Potential 9 million gross acres (6.9 mm net) 3 giant targets Eagle P50 resource estimate 610 mmbbls (Dave Birnie, Independent Consultant) > 10 seismic leads 100s of million barrels potential per lead Maritime border resolution proceeding UNCLOS with Suriname UN Good Officer process with Venezuela
16	Giant Potential along Turbidite Trend
17	Source, Migration & Traps
18	Significant Oil Show in Abary Offset
19	Good Structure
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21	Comparison of Giant Turbidites
22	Technical Risk Exploring for Turbidite Giants Source rock / timing 95% Seal 75% Reservoir 50% Structure 75% Overall Probability of Success 27% Oil vs gas 75% Overall Probability for Oil 20%
23	Georgetown Block Multiple Targets
24	Annex Lead Map
25	Pomeroon East Venezuela Basin
26	Maritime Border Resolution Guyana initiated UNCLOS proceedings on Feb 24, 2026 with Suriname Guyana has applied for Provisional Measures
27	CGX - Our Shareholders OYL.U on TSXV 52 week hi US$0.99 low US$0.145 shares o/s 62.7 million, f/d 74.3 million over 5000 shareholders institutions in UK, USA, France, Germany, Canada raised US $22 million for exploration in Guyana
28	Directors & Officers Kerry Sully, President, CEO and Director 34 years experience; past CEO of Ranchmens Resources Warren Workman, VP Exploration 30 years experience; Amoco, Unocal and Ranchmens James Fairbairn, CFO Edris Dookie, Co-founder Denis Clement, Director John Cullen, Co-founder and Director Adrian C. Jackson, Director Oliver Lennox-King, Director Charlotte M. May, Investor Relations

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