Coastal Energy Company
31.01.2012 22:46
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HOUSTON, 2012-01-31 22:46 CET (GLOBE NEWSWIRE) --
Coastal Energy Company (the 'Company' or 'Coastal') (TSX:CEN) (AIM:CEO), an
independent exploration and production company with assets in Thailand,
announces that it was notified today of the following transactions in the
common shares.
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Shareholder Title Transact Shares Price Shares % of
ion Owned Total
Date Following Outstand
Transaction ing
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Option
Exercise
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Stephen M. VP, 01/27/20 68,550 C$1.35 - 78,550 0.07%
Holder Administrati 12 C$3.94
on
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After accounting for the transactions listed above, Directors & Officers own a
total of 3,818,538 Common Shares of the Company, or 3.34% of outstanding shares
based on total shares issued and outstanding of 114,169,105.
The Coastal Energy Company logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10062
Additional information, including the Company's complete competent person's
report may be found on the Company's website at www.CoastalEnergy.com or may be
found in documents filed on SEDAR at www.sedar.com.
This statement contains 'forward-looking statements' as defined by the
applicable securities legislation. Statements relating to current and future
drilling results, existence and recoverability of potential hydrocarbon
reserves, production amounts or revenues, forward capital expenditures,
operation costs, oil and gas price forecasts and similar matters are based on
current data and information and should be viewed as forward-looking
statements. Such statements are not guarantees of future results and are
subject to risks and uncertainties beyond Coastal Energy's control. Actual
results may differ substantially from the forward-looking statements.
CONTACT: Coastal Energy Company
Email: investor@CoastalEnergy.com
+1 (713) 877-6793
Strand Hanson Limited (Nominated Adviser)
Rory Murphy
Paul Cocker
+44 (0) 20 7409 3494
Macquarie Capital (Europe) Limited (Broker)
Paul Connolly
Jeffrey Auld
+44 (0) 20 3037 2000
FirstEnergy Capital LLP (Broker)
Hugh Sanderson
Travis Inlow
+44 (0) 20 7448 0200
Buchanan Communications
Tim Thompson
Ben Romney
+44 (0) 20 7466 5000
News Source: NASDAQ OMX
31.01.2012 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Coastal Energy Company
Cayman Islands
Phone:
Fax:
E-mail:
Internet:
ISIN: KYG224041189
WKN:
End of Announcement DGAP News-Service
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DGAP-News: Coastal Energy Announces Insider Transaction
| Source: EQS Group AG