Frontera Energy and partner CGX Energy vowed to defend their remaining interests in Guyana after the government said their exploration license had terminated.

Guyana's government gave a 30-day notice to CGX Energy and Frontera Energy for cancellation of their joint venture's license for the Corentyne block, the Canadian energy companies said on Tuesday. While the companies did not mention why the government issued the notice,

Frontera Energy (OTCPK:FECCF) and partner CGX Energy (OTCPK:CGXEF) said Tuesday the Guyana government terminated their exploration license for the Corentyne block. While the companies did not disclose the reason for the cancellation,

CGX Energy and Frontera Energy (FECCF), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana,