CGX Announces Change of Local Management

cgx-rigGeorgetown: CGX Energy Inc. announces that Dr. Edris K. Dookie is no longer an officer of any subsidiary of CGX including the positions of Executive Vice President, CGX Resources Inc., a 100% owned subsidiary of CGX and President, ON Energy Inc., a 62% owned subsidiary of CGX.

Commenting on this change, Kerry Sully, President and CEO stated, "Dr. Dookie was the co-founder of CGX and has played an instrumental role with the Company since its inception in 1998.  He is a talented individual who we wish the best in his future endeavours."

CGX is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin, an area in which the United States Geological Survey estimated a Pmean oil resource potential of 13.6 billion barrels in their Assessment of Undiscovered Conventional Oil and Gas Resources of South America and the Caribbean, 2012. CGX is managed by a team of experienced oil and gas and finance professionals from Guyana, Canada, the United States and the United Kingdom.