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.
Number of Common Shares Purchased & Cancelled
Average Purchase Price
Remaining Number of Common Shares Outstanding
June 29 - July 5, 2012
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 www.CoastalEnergy.comor may be found in documents filed on SEDAR at www.sedar.com.
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