(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 Kingdom.
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.
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