April 28, 2008

CGX Energy to Present at COPIC Conference

Toronto, Ontario - CGX Energy Inc. (OYL - TSXV) ("CGX") is pleased to announce that it is presenting at the 2008 COPIC Energy Spring Conference in Toronto, which will be broadcast live via webcast. CGX's presentation is scheduled for Tuesday, April 29 th at 1:30 pm EDT. Kerry Sully, President & CEO is making the presentation and will focus on current activity in the Guyana and Suriname basin, CGX's exploration plans and the recent independent resource estimate for four of CGX's prospects. All parties are invited to log onto the webcast utilizing the following link:

http://www.newswire.ca/en/webcast/index.cgi?companyID=27309566

CGX is a Canadian-based oil and gas exploration company focused on exploration for oil in Guyana, South America. 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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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.