PresseKat - DGAP-News: Coastal Energy Announces Insider Transaction

DGAP-News: Coastal Energy Announces Insider Transaction

ID: 564947

(firmenpresse) - Coastal Energy Company

31.01.2012 22:46
---------------------------------------------------------------------------

HOUSTON, 2012-01-31 22:46 CET (GLOBE NEWSWIRE) --
Coastal Energy Company (the 'Company' or 'Coastal') (TSX:CEN) (AIM:CEO), an
independent exploration and production company with assets in Thailand,
announces that it was notified today of the following transactions in the
common shares.


--------------------------------------------------------------------------------
Shareholder Title Transact Shares Price Shares % of
ion Owned Total
Date Following Outstand
Transaction ing
--------------------------------------------------------------------------------
Option
Exercise
--------------------------------------------------------------------------------
Stephen M. VP, 01/27/20 68,550 C$1.35 - 78,550 0.07%
Holder Administrati 12 C$3.94
on
--------------------------------------------------------------------------------

After accounting for the transactions listed above, Directors&Officers own a
total of 3,818,538 Common Shares of the Company, or 3.34% of outstanding shares
based on total shares issued and outstanding of 114,169,105.

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





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.


CONTACT: Coastal Energy Company
Email: investor(at)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 Communications
Tim Thompson
Ben Romney
+44 (0) 20 7466 5000
News Source: NASDAQ OMX



31.01.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: Coastal Energy Company


Cayman Islands
Phone:
Fax:
E-mail:
Internet:
ISIN: KYG224041189
WKN:

End of Announcement DGAP News-Service

---------------------------------------------------------------------------


Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Neue OZ: Kommentar zu Unternehmen / ThyssenKrupp DGAP-News: Helix BioPharma Corp. informiert Aktionäreüber Ergebnisse der
Jahreshauptversammlung
Bereitgestellt von Benutzer: EquityStory
Datum: 31.01.2012 - 22:46 Uhr
Sprache: Deutsch
News-ID 564947
Anzahl Zeichen: 4775

Kontakt-Informationen:

Kategorie:

Wirtschaft (allg.)



Diese Pressemitteilung wurde bisher 0 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"DGAP-News: Coastal Energy Announces Insider Transaction"
steht unter der journalistisch-redaktionellen Verantwortung von

Coastal Energy Company (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Coastal Energy Company