Update of Normal Course Issuer Bid


HOUSTON, Aug. 30, 2013 (GLOBE NEWSWIRE) -- Further to the Coastal Energy Company's (TSX:CEN) (AIM:CEO) announcement on 11 June 2013 regarding the implementation of a Normal Course Issuer Bid, which commenced on 14 June 2013 (the "NCIB") the Company provides the following update relating to common shares in the Company ("Common Shares") purchased, and subsequently cancelled in accordance with the NCIB.

 


Date

Number of Common Shares
Purchased & Cancelled

Average Purchase
Price
Remaining Number of
Common Shares
Outstanding
 
August 20 – August 26, 2013
 
172,000
 
C$15.13
 
113,193,627

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.


            

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