Tunisia

Cygam Energy Inc., Calgary, said its Rigo Oil Co. Ltd. subsidiary acquired the Bazma Permit west of the 400,000-acre Jorf Permit where Rigo's interest is 37.5%.

March 1, 2006

By OGJ editors

HOUSTON, Mar. 1 -- Cygam Energy Inc., Calgary, said its Rigo Oil Co. Ltd. subsidiary acquired the Bazma Permit west of the 400,000-acre Jorf Permit where Rigo's interest is 37.5%.

Several companies have expressed interest in participating in Bazma. Oil and gas pipelines cross both permits. Bazma is prospective in Triassic Tagi sandstones and Permian carbonates.