SVI StorageVault Canada Inc

Cygam Energy Inc. ("Cygam" or the "Corporation") (TSX VENTURE:CYG) is pleased to
provide an update on the TT2 exploration well operated by Storm Ventures
International Inc. ("SVI") of Calgary, on the Remada Sud Permit in Southern
Tunisia.


The Corporation announces that the Schlumberger stimulation equipment is onsite
and operations have commenced to artificially fracture and production test
several zones of interest in the well. The TT2 well encountered potentially
significant light oil and gas shows in the primary Ordovician Bir Ben Tartar
formation while coring. Secondary zones of interest which encountered
hydrocarbon potential during drilling will also be tested. The Sud Remada permit
is located in the Ghadames Basin and is approximately 1.2 million acres in size.
Cygam's working interest in the well and in the entire permit is 14%. SVI is the
operator and has a 71% working interest; Madalena Ventures Inc. is also a
partner with a 15% interest in the well.


Cygam is a Calgary based exploration company with producing oil and gas
properties in Canada and extensive international exploration concessions. The
main focus of the Corporation is the acquisition, exploration and development of
international oil and gas permits, primarily in Italy, Tunisia and the
Mediterranean region. Cygam currently holds various interests in five
exploratory concessions in Italy and four exploratory concessions in Tunisia
encompassing approximately 4 million gross acres (approximately 2.8 million net
acres). Visit the Cygam website at www.cygamenergyinc.com for more information
about Cygam.


This News Release includes certain "forward-looking statements". All statements
other than statements of historical fact, included in this release, including,
without limitation, statements regarding interpretation of seismic and well
data, future plans and objectives of Cygam Energy Inc., are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated or expected in such
statements. Cygam does not undertake any obligations to update forward-looking
statements except as required by applicable securities laws. In particular,
various factors can cause delays or prevent the Corporation from carrying out
its testing and completion programs as scheduled, including but not limited to
unavailability of equipment, funding and manpower or delays in the equipment
reaching the Sud Remada permit. There is no certainty that the Sud Remada
testing and fracture stimulation programs will be carried out as scheduled or
that they will be successful in establishing commerciality. Important factors
that could cause actual results to differ materially from Cygam's expectations
are risks detailed herein and from time to time in the continuous disclosure
filings made by Cygam with securities regulators on the System for Electronic
Document Analysis and Retrieval (SEDAR) at www.sedar.com.

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