CGX Announces Upcoming Investor Conference Participation

TORONTO, ONTARIO -- (Marketwire) -- 09/16/09 -- CGX Energy Inc. (TSX VENTURE: OYL) ("CGX" or the "Company") is pleased to announce that Kerry Sully, President & CEO will be presenting on behalf of the Company at the following conferences:

Peters & Co. 2009 North American Oil & Gas Conference
Thursday, September 17, 2009 - Toronto, Ontario - 3:50 pm ET
Link to live presentation -
www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2786960

IHS Herold Pacesetters Energy Conference 2009
Thursday, September 24, 2009 - Greenwich, CT - 8:15 am ET
Recorded Roundtable 1 presentation will be available September 24 -
https://www.herold.com/pec/pec.home

CGX Energy Inc. (TSX VENTURE: OYL) is a Canadian-based oil and gas exploration company focused on the exploration for oil in the Guyana basin. CGX is managed by a team of experienced oil and gas and finance professionals from Canada, USA and the UK. CGX is financed internationally and has shareholders worldwide.

Additional information on CGX Energy may also be examined and/or obtained through the internet by accessing CGX Energy's website at www.cgxenergy.com.

Trading Symbol:                OYL
Shares Outstanding:    127,299,913
Fully-Diluted:         137,079,913

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