CALGARY, ALBERTA (TSX: SNG)(AMEX: SNG) reported today that its Western Canada exploration and production operations continue to exceed growth targets. 2007 exit production rate was 3,530 boe/d, up 14% or 430 boe/d above the target rate quoted last fall. In Q4 2007 the Company drilled 5 new wells in the greater Drumheller area. Completion and tie-in work resulted in Q4 2007 production averaging 3,025 boe/d, up 10% or 300 boe/d from Q3. In addition, 10,800 acres were purchased at Crown land sales in the Peace River Arch ("PRA") area.

Closing the previously announced acquisition of Seeker Petroleum Ltd. ("Seeker") is on track for mid-March and the combined production at the time of the transaction will enable Canadian Superior to be within striking distance of achieving its 5,000 boe/d mid-year target. The combined company will have in excess of 160,000 gross undeveloped acres of land at an average working interest of 68%.

There are currently nine wells planned to be drilled in the first quarter of 2008. Three of these have already been drilled and cased. This number will rise to eleven as Seeker has two wells to be drilled this quarter. There are two 3D seismic programs planned for winter 2008 that total 73 square kilometers. A large third program will be added to evaluate Seeker acreage. A more comprehensive capital plan is being developed to rank and prioritize the two companies' drilling portfolios.

Speaking today, Craig McKenzie, Canadian Superior's Chief Executive Officer, said, "Increasing our Canadian production base provides cash flow to fund our international growth, which is successfully expanding at a rapid pace. We are building good growth momentum in North America, Trinidad and Tobago, and Libya/Tunisia, and, as such, are stepping up our ability to either fund that growth using internal cash flows or, alternatively, secure debt-financing, bearing in mind our emphasis on financial stability and increasing shareholder returns. In Western Canada, we will continue to explore our growing inventory of undeveloped acreage, as well as pursue select acquisitions that are accretive to our base."

Mr. McKenzie will be presenting at the Independent Petroleum Association of America ("IPAA") 2008 Oil & Gas Investment Symposium ("OGIS") being held in Florida February 12 - 14, 2008. The presentation will be webcasted live on Wednesday, February 13, 2008 at 11:00 am (EST) and a link will be provided by IPAA (www.ipaa.org); a link will also be available on the Company's website at www.cansup.com. The presentation materials will be posted on Canadian Superior's website www.cansup.com prior to the presentation at IPAA.

Canadian Superior is a Calgary, Alberta, Canada based oil and gas exploration and production company with operations Offshore Trinidad and Tobago, Offshore Nova Scotia, Canada and in Western Canada. See Canadian Superior's website at www.cansup.com to review Canadian Superior's operations in Western Canada, Offshore Trinidad and Tobago and Offshore Nova Scotia interests. Canadian Superior has approximately 20,000 shareholders worldwide, including some of the top institutional shareholders in North America.

This news release contains forward-looking information, including estimates, projections, interpretations, prognoses and other information that may relate to current, past o future production, development(s), testing, well test results, project start-ups and future capital spending. Current, past and/or future actual results, and/or reported results, estimates, projections, interpretations, prognoses, well results, test results, reserves, production, resource and/or resource potential, development(s), project start-ups, and capital spending, plans and/or estimated results could differ materially due to changes in project schedules, operating performance, demand for oil and gas, commercial negotiations or other technical and economic factors or revisions. This news release may contain the reference to the terms discovery, reserves and/or resources or resource potential which are those quantities estimated to be contained in accumulations. There is no certainty that any portion of these accumulations or estimated accumulations in this news release may not change materially; and that, if discovered, in any discovery, the accumulations or estimated accumulations may not be economically viable or technically feasible to produce.

Statements contained in this news release relating to estimates, results, events and expectations are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks, uncertainties, scheduling, re-scheduling and other factors which may cause the actual results, performance, estimates, projections, interpretations, prognoses, schedules or achievements of the Corporation, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, those described in the Corporations' annual reports on Form 40-F or Form 20-F on file with the U.S. Securities and Exchange Commission.

Contacts: Canadian Superior Energy Inc. Investor Relations (403) 294-1411 (403) 216-2374 (FAX) Website: www.cansup.com Canadian Superior Energy Inc. Suite 2700, 605 - 5th Avenue S.W. Calgary, Alberta Canada T2P 3H5

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