TORONTO, ONTARIO--(eMediaWorld - June 18, 2009) - CGX Energy Inc. (TSX VENTURE:OYL) wishes to inform shareholders that the Company's Annual & Special Meeting of Shareholders is scheduled to be held on Thursday, June 25, 2009 at 4 pm at the Toronto Board of Trade, 1 First Canadian Place, Toronto, Ontario (the "Meeting"). In respect of the Meeting, the Company has provided additional disclosure to its Management Information Circular (the "Circular") that was mailed to all shareholders of record on May 19, 2009. An Addendum to the Circular that includes certain disclosure that is required by Form 51-102F6 - Statement of Executive Compensation, but which was inadvertently omitted from the Circular, will be available at the Meeting and in the interim has been filed on the Company's website - www.cgxenergy.com - and on the Company's SEDAR profile which can be accessed at the following internet address - www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00008921.

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.

Shares Outstanding: 126,144,913

Fully-Diluted: 137,399,913

THIS PRESS RELEASE WAS PREPARED BY CGX ENERGY INC., WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information, please contact CGX Energy Inc. Kerry Sully President & CEO (604) 733-9647 ksully@cgxenergy.com or CGX Energy Inc. Denis Clement Director (416) 364-1909 dclement@cgxenergy.com or CGX Energy Inc. Charlotte May Investor Relations (416) 364-3353 cmay@cgxenergy.com