Cygam Energy Inc. Announces Filing of Third Quarter Financial Statements and MD&A
Tuesday November 20, 2:22 pm ET

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2007) - Cygam Energy Inc. (Cygam) (TSX VENTURE:CYG - News) has filed the interim consolidated financial statements for the third quarter of 2007, management discussion and analysis (MD&A) and additional information required to be filed pursuant to the requirements of the Canadian Securities Administrators. Copies of these documents can be accessed electronically through the SEDAR system at www.sedar.com.

Cygam is an exploration company with producing oil and gas properties in Canada and extensive international exploration concessions. The main focus of the Corporation is on the acquisition, exploration and development of international permits, primarily in Italy, Tunisia and the Mediterranean basin. Cygam currently holds various interests in five exploratory concessions in Italy and four exploratory concessions in Tunisia encompassing approximately 4 million gross acres (approximately 2.7 million net acres). Visit the Cygam website at www.cygamenergyinc.com for more information about the Corporation.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact:

Dario Sodero
Cygam Energy Inc.
President & CEO
(403) 802-6983
(403) 802-6984 (FAX)
Email: dario.sodero@cygamenergyinc.com
 
Ali Rawji
Cygam Energy Inc.
Chief Financial Officer
(403) 802-6983
(403) 802-6984 (FAX)
Email: ali.rawji@cygamenergyinc.com
Website: www.cygamenergyinc.com