DGAP-News: Coastal Energy Announces Appointment of Non-Executive Director

DGAP-News: Coastal Energy Announces Appointment of Non-Executive Director

ID: 254730

(firmenpresse) - Coastal Energy Company

30.04.2013 22:05
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HOUSTON, April 30, 2013 (GLOBE NEWSWIRE) -- 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(at)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
News Source: NASDAQ OMX



30.04.2013 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

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Language: English
Company: Coastal EnergyCompany
3355 West Alabama
Houston TX 77098
United States
Phone: +1 (713) 877-6725
Fax: +1 (713) 877-7144
E-mail: investor(at)coastalenergy.com
Internet: www.coastalenergy.com
ISIN: KYG224041189
WKN:
Listed: London, Toronto

End of Announcement DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 30.04.2013 - 22:05 Uhr
Sprache: Deutsch
News-ID 254730
Anzahl Zeichen: 16823

contact information:

Kategorie:

Business News



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DGAP-News: Coastal Mails Meeting Materials ...

DGAP-News: Coastal Energy Company / Coastal Mails Meeting Materials 13.12.2013 / 17:47 --------------------------------------------------------------------- HOUSTON, 2013-12-13 17:47 CET (GLOBE NEWSWIRE) -- Coastal Energy Company ('Coastal� ...

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