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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.


CONTACT:

Coastal Energy Company

Email: [email protected]

+1 (713) 877-6793


Strand Hanson Limited (Nominated Adviser)

Rory Murphy / Andrew Emmott

+44 (0) 20 7409 3494


Macquarie Capital (Europe) Limited (Broker)

Steve Baldwin/Andrew Jones

+44 (0) 20 3037 2000


FirstEnergy Capital LLP (Broker)

Hugh Sanderson / Travis Inlow

+44 (0) 20 7448 0200


Buchanan

Tim Thompson / Ben Romney

+44 (0) 20 7466 5000


Information non réglementée


Communiqué intégral et original au format PDF :


http://www.actusnews.com/documents_communiques/ACTUS-0-33227-update-of-normal-course-issuer-bid.pdf

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Quelle: Actusnews

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