HOUSTON, July 26, 2011 (GLOBE NEWSWIRE) -- Coastal Energy Company (the "Company" or "Coastal") (TSX:CEN) (AIM:CEO) is pleased to announce the appointment of Andrew Cochran as Non-Executive Director of the Company effective from Thursday 21 July 2011.
Randy Bartley, President & CEO of Coastal commented:
"We are pleased to have Mr. Cochran join our Board of Directors. His extensive experience in the international energy industry will be a great asset as Coastal continues to grow as a company."
The following information is provided pursuant to paragraph (g) Schedule Two of the AIM rules:
Andrew Liam Cochran (aged 41):
| Current Directorships | Past Directorships (last 5 years) |
| Eaglewood Energy, Inc. | |
| Dominion Petroleum Limited | |
| Mediterranean Oil and Gas plc | Salamander Energy plc |
There is nothing to be announced pursuant to paragraph 2 (g) (iii) – (viii) of Schedule 2 of the AIM Rules
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.
These securities have not been registered under United States Securities Act of 1933 (the "US Securities Act") or the securities laws of any state and may not be offered or sold in the United States or to US persons (as defined in Regulation S under the US Securities Act) unless an exemption from registration is available.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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