EXHIBIT 99(2)


                   CERTIFICATION OF PERIODIC FINANCIAL REPORT
                             PURSUANT TO SECTION 906
                                     OF THE
                           SARBANES-OXLEY ACT OF 2002,
                             18 U.S.C. SECTION 1350


         I, Vincent McDonnell, Chief Financial Officer of CanArgo Energy
Corporation, hereby certify that the Quarterly Report on Form 10-Q for the
Quarter ended September 30, 2002 fully complies with the requirements of section
13(a) or 15(d) of the Securities Exchange Act of 1934 and that the information
contained in the periodic report fairly presents, in all material respects, the
financial condition and results of operations of CanArgo Energy Corporation.


Date: November 14, 2002                                /s/ Vincent McDonnell
                                                       -----------------------
                                                       Vincent McDonnell
                                                       Chief Financial Officer