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CGX Energy Inc

Published : December 10th, 2012

Press Release - CGX Appoints Suresh Narine Executive Chairman

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Keywords :   Canada | Oil | Suriname | United Kingdom |

CGX Appoints Suresh Narine Executive Chairman

 

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 Inc.

 

Companies Mentionned : Cgx | Guyana |
Data and Statistics for these countries : Canada | Suriname | United Kingdom | All
Gold and Silver Prices for these countries : Canada | Suriname | United Kingdom | All

CGX Energy Inc

CODE : OYL.V
ISIN : CA1254055066
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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$ 17.7 millions as of today (US$ 13.5 millions, € 12.1 millions).

Its stock quote reached its highest recent level on March 11, 2011 at CA$ 9.80, and its lowest recent point on January 22, 2016 at CA$ 0.16.

CGX has 110 390 000 shares outstanding.

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