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HOUSTON, Sept. 17, 2013 (GLOBE NEWSWIRE) -- Coastal Energy Company (the "Company") (TSX:CEN) (AIM:CEO) wishes to comment on media reports regarding strategic discussions between Coastal and a third party. The Company advises that it continuously evaluates opportunities to maximize shareholder value.  


CONTACT: Coastal Energy Company

         Email: investor@CoastalEnergy.com

         +1 (713) 877-6793

         

         Strand Hanson Limited (Nominated Adviser)

         Rory Murphy / Andrew Emmott

         +44 (0) 20 7409 3494

         

         Macquarie Capital (Europe) Limited (Broker)

         Steve Baldwin/Andrew Jones

         +44 (0) 20 3037 2000

         

         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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