Coastal Energy Announces Directorate Change
January 15 2013 - 8:30AM
Coastal Energy Company (the "Company" or "Coastal Energy")
(TSX:CEN) (AIM:CEO), an independent exploration and production
company with assets in Thailand, today announced that Andrew L.
Cochran, a Non-Executive Director since 2011, has joined the
Company as an Executive Director. Mr. Cochran will be based in
London.
Mr. Cochran served as the CEO of Dominion Petroleum Limited from
November 2009 until its acquisition in 2012. He has over 20 years
of international experience in the oil and gas industry, including
founding and executive positions with Salamander Energy plc and
Endeavour International Corporation and working for Anadarko
Petroleum, Veritas DGC Indonesia and Western Geophysical.
Randy Bartley, President & CEO of Coastal Energy
commented:
"We are pleased that Mr. Cochran has agreed to join us as an
Executive Director. His extensive experience in the international
energy sector has been valuable to the Company and we look forward
to working with him in this new capacity."
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.
This statement contains 'forward-looking statements' as defined
by the applicable securities legislation. Statements relating to
current and future drilling results, existence and recoverability
of potential hydrocarbon reserves, production amounts or revenues,
forward capital expenditures, operation costs, oil and gas price
forecasts and similar matters are based on current data and
information and should be viewed as forward-looking statements.
Such statements are not guarantees of future results and are
subject to risks and uncertainties beyond Coastal Energy's control.
Actual results may differ substantially from the forward-looking
statements.
The Coastal Energy Company logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10062
CONTACT: Enquiries:
Coastal Energy Company
Email: investor@CoastalEnergy.com
+1 (713) 877-6793
Strand Hanson Limited (Nominated Adviser)
+44 (0) 20 7409 3494
Rory Murphy / Andrew Emmott
Macquarie Capital (Europe) Limited (Broker)
+44 (0) 20 3037 2000
Jeffrey Auld
FirstEnergy Capital LLP (Broker)
Hugh Sanderson / Travis Inlow
+44 (0) 20 7448 0200
Buchanan
Tim Thompson / Ben Romney
+44 (0) 20 7466 5000
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