March 1, 2010
CGX Grants 200,000 Options

Toronto, Ontario - CGX Energy Inc. (OYL - TSX-V) announces that it has granted, pursuant to its stock option plan, 200,000 stock options to a consultant at an exercise price of $1.80 until February 26, 2015.

CGX Energy is a Canadian-based oil and gas exploration company focused on exploration for oil in Guyana. 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 thousands of shareholders worldwide. 

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