CEO Coastal Eng

Coastal Energy Company (AIM:CEO) (TSX:CEN) announces that notice of Annual General Meeting ("AGM"), together with the Management Information Circular and Annual Report 2011, all relating to its financial year ended 31 December 2011, have been posted to shareholders and are available for download from the Company's website at www.coastalenergy.com.

The AGM will be held at the offices of Strand Hanson Limited, 26 Mount Row, London, W1K 3SQ on 19 June 2012 at 10 a.m.

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.

The Coastal Energy Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10062

CONTACT: Coastal Energy Company
         Email: investor@CoastalEnergy.com
         +1 (713) 877-6793
         
         Strand Hanson Limited (Nominated Adviser)
         Rory Murphy / Paul Cocker
         +44 (0) 20 7409 3494

         Macquarie Capital (Europe) Limited (Broker)
         Paul Connolly / Jeffrey Auld
         +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