Coastal Energy Company Appointment of Non-Executive Director (6853D)
May 01 2013 - 2:00AM
UK Regulatory
TIDMCEO
RNS Number : 6853D
Coastal Energy Company
01 May 2013
For immediate release 01 May 2013
Coastal Energy Company
("Coastal" or the "Company")
Coastal Energy Announces Appointment of Non-Executive
Director
Coastal (TSX: CEN) (AIM: 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
listedmidstream 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
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
Macquarie Capital (Europe) Limited - Broker
Jeffrey Auld Tel: +44 (0) 20
3037 2000
First Energy Capital LLP - Broker
Hugh Sanderson / Travis Inlow Tel: +44 (0) 20
7448 0200
Buchanan
Tim Thompson / Ben Romney Tel: +44 (0) 20
7466 5000
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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