CGX Annual & Special Meeting to be Webcast

(TSX-V | OYL)

TORONTO, June 27, 2012 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX" or the "Company") wishes to inform shareholders that the Company's Annual & Special Meeting of Shareholders is scheduled to be held tomorrow, Thursday, June 28, 2012 at 4 pm at the Toronto Board of Trade, 1 First Canadian Place, Toronto, Ontario (the "Meeting"). The Meeting will be broadcast by live webcast for those shareholders who aren't able to attend the meeting in person.  All parties are invited to log onto the webcast utilizing the following link:

http://www.audability.com/AudabilityAdmin/Clients/CGX/101328_628201240000PM

CGX Energy 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 13.8 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.

Kerry Sully
[phone] or [email protected]

Charlotte May, Communications Manager
[phone] or [email protected]