CGX Appoints Suresh Narine
TSX-V | OYL
CGX Energy Inc. (TSX-V
- OYL) ("CGX" or the "Company") is pleased to announce that
the board of directors has appointed Suresh Narine as Executive Chairman of
CGX. Suresh Narine joined the board of CGX on January 3, 2012 and was appointed
Chairman on May 4, 2012. With his involvement expanding beyond typical
Chairman responsibilities, the board of directors has
made the appointment to Executive Chairman effective immediately.
About CGX Energy
CGX 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
13.6 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.
SOURCE: CGX Energy
CGX Energy Inc
CODE : OYL.V
ISIN : CA1254055066
Projects & res.Press
Asset profileContact Cpy
CGX is an exploration and oil company based in Canada.
CGX holds various exploration projects in Guyana.
Its main exploration property is JAGUAR-1 in Guyana.
CGX is listed in Canada and in United States of America. Its market capitalisation is CA$ 17.8 millions as of today (US$ 12.9 millions, € 11.4 millions).
Its stock quote reached its highest recent level on February 22, 2013 at CA$ 1.60, and its lowest recent point on January 02, 2015 at CA$ 0.17.
CGX has 93 870 000 shares outstanding.