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Cygam Energy Inc.

Cygam Energy Inc.

News Release

November 29, 2005 #2

CYGAM ENERGY INC. ANNOUNCES FILING OF THIRD QUARTER REPORT, MD&A AND THIRD QUARTER FINANCIAL STATEMENTS


CYGAM ENERGY INC. (TSX Venture Exchange: CYG)

Calgary, Alberta, November 29, 2005 – Cygam Energy Inc. (Cygam) has filed the third quarter consolidated financial statements, 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 Energy Inc. is a Calgary based company with producing properties in Canada and several exploration licences in Italy and Tunisia. The main focus of the Corporation is to acquire licences and explore for oil and gas in Italy and Tunisia.


For further information please contact:

Dario Sodero, President or
Ali Rawji, Chief Financial Officer
Tel: (403) 802-6983, Fax: (403) 802-6984
E-mail: dario.sodero@cygamenergyinc.com or ali.rawji@cygamenergyinc.com

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