Coastal Energy Company Named as Part of 2010 TSX Venture 50
February 05 2010 - 5:00PM
Marketwired
Coastal Energy Company (the "Company" or "Coastal") (TSX-V: CEN)
(AIM: CEO), an independent exploration and production company with
assets in Thailand, announces that it has been named one of the TSX
Venture 50, a ranking of strong performers listed on the TSX
Venture Exchange. TSX Venture 50 is comprised of 10 emerging
companies in five industry sectors that have been identified as
leaders in Canada's public venture market.
"It is an honor to be named as part of this year's TSX Venture
50," said Randy L. Bartley, President and Chief Executive Officer.
"Our listing on the TSX Venture Exchange has provided us with the
ideal environment to meet our growth goals and objectives."
The 2010 TSX Venture 50 were selected based on four equally
weighted criteria that include return on investment, trading,
analyst coverage and market capitalization growth in Cleantech,
Diversified Industries, Mining, Oil & Gas and Technology and
Life Sciences sectors.
"We are pleased to celebrate the 2010 TSX Venture 50," said John
McCoach, President, TSX Venture Exchange. "These outstanding
companies are proven leaders in their respective sectors and we are
proud to have them listed on TSX Venture Exchange. We wish them all
continued success."
Additional information, including the Company's complete
competent person's report may be found on the Company's website,
www.CoastalEnergy.com or may be found in documents filed on SEDAR,
www.sedar.com.
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.
This news release is not for dissemination in the United States
or through United States newswire services
Enquiries: Coastal Energy Company Randy L. Bartley Chief
Executive Officer +1 713 877 6705 William C. Phelps Chief Financial
Officer +1 713 877 6727 Email: Email Contact Strand Hanson Limited
(Nominated Adviser) +44 (0) 20 7409 3494 Rory Murphy Paul Cocker
Thomas Weisel Partners (Broker) +44 (0) 20 7877 4300 Paul Colucci
Macquarie Capital (Europe) Limited (Broker) +44 (0) 20 3037 2000
Ben Colegrave Paul Connolly Buchanan Communications +44 (0) 20 7466
5000 Tim Thompson Catherine Breen Katharine Sutton
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