(TSX-V | OYL)
TORONTO, Sept. 27, 2012 /CNW/ - CGX Energy Inc. (TSXV: OYL) ("CGX" or
the "Company") announces that Mr. Dewi Jones advised the Company of his
resignation as Executive Vice President and General Manager effective
September 30, 2012. In announcing his resignation, he "Wished CGX and
the great country of Guyana much success in the exploration of the
hydrocarbon resources of the Guyana Basin."
Kerry Sully, President and CEO stated, "Dewi Jones joined CGX in October
2011. His extensive experience in the Guyana - Suriname Basin plus his
relationships in Guyana were very beneficial to CGX during our recent
drilling program. We wish him well 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
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE: CGX Energy Inc.
For further information:
Kerry Sully, President and CEO
(604) 733-9647 or firstname.lastname@example.org
Charlotte May, Communications Manager
(416) 364-3353 or email@example.com