Sounds pretty good !

Hi John,

CGX remains on track with its seismic interpretation and we are anticipating
that PSTM interpretation will be finished early September. Jefferies,
Randall & Dewey want to wait for this data to be completed to re-open the
data room and then hopefully we'll be announcing a JV partner soon
thereafter. We are progressing on all fronts towards drilling as soon as
possible.

Thanks John for your continued support of CGX! We're getting closer :)

Charlotte

Charlotte May
Investor Relations
CGX Energy Inc.
2700, 130 Adelaide Street West
Toronto, ON, Canada M5H 3P5
T (416) 364-3353
F (416) 364-5400
E www.cgxenergy.com