Update of Normal Course Issuer Bid (AcT)
HOUSTON, June 7, 2012 (GLOBE NEWSWIRE) -- Further to the Coastal Energy Company's (TSX:CEN) (AIM:CEO) announcement on 23 May 2012 regarding the implementation of a Normal Course Issuer Bid, which commenced on 25 May 2012 (the "NCIB") the Company provides the following update relating to common shares in the Company ("Common Shares") purchased, and subsequently cancelled in accordance with the NCIB.
| Date | Number of Common Shares Purchased & Cancelled |
Average Purchase Price |
Remaining Number of Common Shares Outstanding |
| June 1 – June 7, 2012 |
426,250 |
C$14.6636 |
113,767,295 |
The Company will provide further updates on a weekly basis from the date of this announcement.
Additional information, including the Company's complete competent person's report may be found on the Company's website at or may be found in documents filed on SEDAR at .
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
Rory Murphy / Paul Cocker
+44 (0) 20 7409 3494Macquarie 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
Tim Thompson / Ben Romney
+44 (0) 20 7466 5000
Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-28229-Update-of-Normal-Course-Issuer-Bid.pdf