Welcome To The CGX Energy Inc HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: More good news
Reply New Message
Back To Forum List View
CGX Energy Inc.
TSX VENTURE: OYL
Other Recent News
October 20, 2011
CGX Appoints Exec VP, Exploration and General Manager
TORONTO, ONTARIO--(Marketwire - Oct. 20, 2011) - CGX Energy Inc. (TSX VENTURE:OYL) ("CGX" or the "Company") announces the appointment of Dewi Jones as Executive Vice President, Exploration and General Manager. Dewi Jones is an upstream exploration and development professional with 25 years of technical and hands-on managerial experience focused on Latin America. Since 2004, he has worked for Repsol YPF ("Repsol") in Latin America and was intimately involved in the Georgetown Block as Exploration Manager with respect to the Trinidad, Guyana and Caribbean regions between 2005 and 2008, during which time he was responsible for exploration activities in the Guyana-Suriname Basin (including the acquisition of 2D/3D seismic surveys and drilling programs undertaken by Repsol as operator) and the contractual negotiations with the Government of Guyana in respect of the Georgetown Block.

Dewi Jones stated, "CGX has an exciting exploration program planned. I'm looking forward to working with the CGX team and to renewing my Guyana relationships."

Warren Workman stated, "It has been very gratifying to have played an important role in bringing our exploration projects to fruition and I'm looking forward to generating additional exploration prospects in Guyana's emerging frontier basin. I have full confidence in Dewi's capabilities and look forward to working closely with him going forward."

Warren Workman will be focusing his efforts on advancing exploration prospects on behalf of the Company.

Steve Hermeston, President and CEO commented, "We are very pleased that Dewi Jones will be joining the CGX team. His extensive experience in Latin America and established relationships in Guyana will be extremely beneficial to CGX as we move forward with our drilling program."

Dewi Jones has been granted 500,000 options exercisable at $0.70 until October 20, 2016 with 100,000 of these options vesting immediately and the balance vesting October 20, 2012
2 Recommendations
Reply New Message
Back To Forum List View
Share
Share
New Message
Please login to post a reply