CE Canada Energy Partners Inc

Canada Energy Partners Inc. ("Canada Energy" or the "Company") (TSX VENTURE:CE)
is pleased to announce that, together with its Joint Venture Partner, the
Company has purchased 14 gross (7 net) sections of Deep Rights drilling
licences/leases in the Peace River Project area located in the Northeast British
Columbia in the May and June 2010 lease sales. This comprises a 20% increase in
the Company's Deep Rights land base. The lands purchased are in close proximity
to the Company's first horizontal Montney well, the Portage c-20-E, which is
currently being completion tested and lies between the Peace River Project and
the Talisman/Canbriam Farrell Project.


Canada Energy is carried by the Joint Venture Partner through the completion of
the c-20-E and a further $11 million of joint exploration expenditures. Canada
Energy will have a 50% working interest in the deep rights at Peace River
Project upon the Joint Venture Partner's completion of its earn-in obligations.


Canada Energy owns a 50% interest in the Peace River Project gas plant and
connection to the Spectra Energy sales pipeline which would be available to
bring this Montney gas to market.


The Joint Venture Partner has obtained a drilling permit for the second
horizontal Montney well and plans to start drilling prior to July 15th. This
well is expected to be completed and tested in early Q4 2010.


Canada Energy is an active oil and gas exploration and development company with
approximately $4.2 million of working capital. The Company possesses a large
concentrated land position in a high-impact, multi-zone, natural gas-bearing
area in northeast British Columbia.


On behalf of the Board of Directors of Canada Energy Partners Inc.

John Proust, Chairman

CANADA ENERGY PARTNERS INC. 

Forward Looking Statements: This news release contains forward looking
statements relating to expected or anticipated flow rates, timing for drilling
and completion operations, future events and operations, number of wells to be
drilled, timing of projects and anticipated results that are forward looking in
nature and, as a result, are subject to certain risks and uncertainties, such as
general economic, market and business conditions, the regulatory process and
actions, technical issues, new legislation, competitive and general economic
factors and conditions, the uncertainties resulting from potential delays or
changes in plans, the occurrence of unexpected events, and the company's
capability to execute and implement future plans. Actual results achieved may
vary from the information provided herein as a result of numerous known and
unknown risks and uncertainties and other factors. There is no representation by
the company that actual results achieved during the forecast period will be the
same in whole or in part as that forecast.

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