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Message: Lots of good changes by management
CGX Appoints Exec VP, Exploration and General Manager
18:00 EDT Thursday, October 20, 2011

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.

CGX Announces Investment by Pacific Rubiales
19:22 EDT Thursday, October 13, 2011

TORONTO, ONTARIO--(Marketwire - Oct. 13, 2011) -

NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR DISSEMINATION IN THE US.

CGX Energy Inc. (TSX VENTURE:OYL) ("CGX") is pleased to announce that Pacific Rubiales Energy Corp. (TSX:PRE)(BVC:PREC) ("Pacific Rubiales") has agreed to purchase 58,720,000 common shares ("Offered Shares") of CGX at a price of $0.70 per Offered Share for an aggregate investment of $41,104,000.


CGX Appoints Chief Operating Officer and Controller/Chief Accounting Officer

08:00 EDT Monday, September 12, 2011

TORONTO, ONTARIO--(Marketwire - Sept. 12, 2011) - CGX Energy Inc. (TSX VENTURE:OYL) ("CGX" or the "Company") announces that in anticipation of commencing operations offshore Guyana the Company has appointed two key operations positions. Michael Stockinger, an E&P professional with 35 years experience in drilling operations and fast tracking production, has been appointed Chief Operating Officer of the Company and Tralisa Maraj, an oil and gas accountant with over 15 years experience gained in the international oil industry and public company accounting, has been appointed Controller and Chief Accounting Officer.

CGX Announces Kerry Sully to be Appointed Executive Chairman and Steve Hermeston to Join CGX as President and CEO
08:00 EDT Tuesday, May 17, 2011

TORONTO, ONTARIO--(Marketwire - May 17, 2011) - CGX Energy Inc. (TSX VENTURE:OYL) ("CGX" or the "Company") is pleased to announce that Steve Hermeston will be joining CGX as President and CEO effective June 13, 2011, and Kerry Sully will be appointed Executive Chairman of the Company at that time. Steve Hermeston has been appointed to the Company's board of directors effective May 17, 2011.

Steve has had an impressive 30-year career in the international E&P industry. In addition to having led oil and gas exploration teams at several major E&P companies, his analysis has led to discoveries that include High Island A-22 (150 bcf in the Gulf of Mexico), Peregrino (250 to 650 mmbbl in Brazil) and the Llanos basins (five fields in Colombia totalling up to 50 mmbbl). Steve is an active professional and is well respected for his publications and presentations

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