SEPT-27-2012 CGX: Resignation of Dewi Jones TORONTO , Sept. 27, 2012 /CNW/ - CGX Energy Inc. ("CGX" or the "Company") announces that Mr. Dewi Jones advised the Company of his resignation as Executive Vice President and General Manager effective September 30, 2012 . In announcing his resignation, he "Wished CGX and the great country of Guyana much success in the exploration of the hydrocarbon resources of the Guyana Basin."
Kerry Sully , President and CEO stated, "Dewi Jones joined CGX in October 2011 . His extensive experience in the Guyana - Suriname Basin plus his relationships in Guyana were very beneficial to CGX during our recent drilling program. We wish him well in his future endeavours."
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 .