June 24, 2009
CGX Annual & Special Meeting to be Broadcast by Live Webcast

Toronto, Ontario - CGX Energy Inc. (OYL - TSX-V) wishes to inform shareholders that the Company’s Annual & Special Meeting of Shareholders is scheduled to be held tomorrow, Thursday, June 25, 2009 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://audability.com/AudabilityAdmin/Clients/CGX/10703_625200940000PM/

CGX Energy Inc. (TSX-V- 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, 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. For further information, please contact: