October 2, 2006

CGX to Participate in COPIC Energy Conference

Toronto, Ontario - CGX Energy Inc. (OYL.U - TSX-V) announces that it will be a participant in the COPIC Energy Conference in Toronto, Ontario on Wednesday, October 4, 2006.

The Company's presentation will be made by Kerry Sully, President and CEO. The presentation is scheduled for 9:00 - 9:30 am Toronto time and will be webcast live by CNW. To access the conference, please go to www.newswire.ca and look under the heading entitled "webcasts". The slide presentation will also be posted on CGX Energy's website at www.cgxenergy.com .

CGX Energy is a Canadian-based oil and gas exploration company focused on the exploration for oil in the 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.

For further information please contact:

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