CGX Energy to Present at NYSSA Energy Conference

TORONTO, ONTARIO--(Marketwire - Nov. 3, 2009) - CGX Energy Inc. (TSX VENTURE: OYL.V) is pleased to announce that it is presenting at the 2009 New York Society of Security Analysts Energy Conference being held in New York, which will be broadcast live via webcast. Kerry Sully, President & CEO will be making the presentation which is scheduled for Wednesday, November 4th at 10 am ET. All interested parties are invited to log onto the webcast utilizing the following link:

http://media3.marketwire.com/r/eventdetail

CGX Energy Inc. (TSX VENTURE: OYL.V) 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, U.S.A. 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: 137,504,913

THIS PRESS RELEASE WAS PREPARED BY CGX ENERGY INC., WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts

Kerry Sully
CGX Energy Inc.
President & CEO
(604) 733-9647
ksully@cgxenergy.com

Denis Clement
CGX Energy Inc.
Director
(416) 364-1909
dclement@cgxenergy.com

Charlotte May
CGX Energy Inc.
Investor Relations
(416) 364-3353
cmay@cgxenergy.com
www.cgxenergy.com