(TSX-V | OYL)
TORONTO, March 2, 2013 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX" or
the "Company") announces that Dr. Edris K. Dookie is no longer an
officer of any subsididary 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."
About CGX Energy
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.
SOURCE: CGX Energy Inc.