Coastal Energy Announces Appointment of Non-Executive Director
April 30 2013 - 4:05PM
Coastal Energy Company ("Coastal" or the "Company") (TSX:CEN)
(LSE:CEO) is pleased to announce the appointment of Forrest Wylie
as a Non-Executive Director of the Company, with effect from
today.
Mr. Wylie served previously on the board of the Company as a
Non-Executive Director from September 2006 to April 2011, when he
stepped down due to time constraints as Chairman and Chief
Executive Officer at Buckeye Partners, L.P., the NYSE listed
midstream company.
Mr. Wylie has extensive experience in the oil & gas
industry. He was CEO of Buckeye Partners, L.P. from 2007 to
2012, since when he has continued to serve as Non-Executive
Chairman. He is also a Non-Executive Director of Cross Group
Incorporated, a marine and offshore services provider, and USA
Compression GP, LLC, the NYSE listed provider of compression units
and services to the offshore industry. He was previously on
the boards of Pacific Energy Management LLC, NuCoastal Corporation
and Eagle Bulk Shipping Inc.
Randy Bartley, President & CEO of Coastal Energy,
commented:
"We are pleased that Mr. Wylie has rejoined our Board of
Directors. His extensive experience in the energy industry is
valuable and we look forward to his continued involvement in the
Company."
The following information is provided pursuant to paragraph (g)
Schedule Two of the AIM rules:
Forrest Edward Wylie, aged 50. |
|
Current Directorships |
Past Directorships (last 5
years) |
|
Buckeye Partners, LP |
Coastal Energy Company |
Cross Incorporated |
Eagle Bulk Shipping Inc. |
USA Compression |
|
Wylie Ventures LLC |
|
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.
CONTACT: Enquiries:
Coastal Energy Company
Email: Investor@Coastalenergy.com
Tel: +1 (713) 877 6793
Strand Hanson Limited - Nomad
Rory Murphy / Andrew Emmott
Tel: +44 (0) 20 7409 3494
Macqaurie Capital (Europe) Limited - Broker
Paul Connolly / Jeffrey Auld
Tel: +44 (0) 20 3037 2000
First Energy Capital LLP - Broker
Hugh Sanderson / Travis Inlow
Tel: +44 (0) 20 7448 0200
Buchanan Communications
Tim Thompson / Ben Romney
Tel: +44 (0) 20 7466 5000
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