Nov 16 (Reuters) - CGX Energy Inc OYL.V :
* Announces convertible debenture financing
* Agreed to issue convertible debenture in the amount of $1.5 million to
pacific exploration & production corp at conversion price of C$0.335
* Proceeds of the debenture will be used to cover certain expenses generated in
Guyana in connection with its work commitments in Guyana
* Says debenture has a term of twelve months and an annual interest payable of
5%
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