Canada Energy Partners Inc. (the "Company") (TSX VENTURE:CE) is pleased to
announce today that the Company's shareholders approved all matters at the
Company's Annual General & Special Meeting held on December 10, 2010 (the
"Meeting"). 30,186,958 shares, representing 36.70% of the total number of shares
issued and outstanding, were voted at the Meeting. The following matters were
approved and have now been implemented by the Board of Directors:




--  Messrs. John Proust, Benjamin Jones, Kyle Burnett, John R. Howard and
    Pat S. Bolin were elected to the Board of Directors of the Company;

--  the Company's shareholders ratified the Company's Stock Option Plan (the
    "Plan"), which permits the Company to grant options for up to 10% of the
    number of shares outstanding from time to time; and



Further to the Company's news release dated November 01, 2010, the shareholders
of the Company approved and ratified the shareholder rights plan (the "Rights
Plan"). The Rights Plan has been designed to protect shareholders of the Company
from unfair, abusive or coercive take-over strategies, including the acquisition
of control of the Company by a bidder in a transaction or series of transactions
that does not treat all shareholders equally or fairly, or provide all
shareholders an equal opportunity to share in the premium paid on an acquisition
of control. 


Canada Energy is an active oil and gas exploration and development company. 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

The TSX Venture Exchange has in no way passed upon the merits of the proposed
transaction and has neither approved nor disapproved of the contents of this
press release.
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