Coastal Energy Co.
AIM : CEO
TSX VENTURE : CEO

Coastal Energy Co.

October 11, 2007 02:00 ET

Coastal Energy Announces Block Listing With AIM

LONDON, UNITED KINGDOM--(Marketwire - Oct. 11, 2007) -

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES

Application has been made by Coastal Energy Company ("the Company")(TSX VENTURE:CEO)(AIM:CEO) to AIM for the additional listing of 85,650 common shares of US $0.01 each ("Common Shares") fully paid, ranking pari passu with the existing Common shares.

This additional listing is pursuant to the block listing of shares required under the Company's stock option plan.

The total number of Common Shares in issue is now 332,857,890 of which 307,932,888 are outstanding and 24,925,002 are block listed.

For additional information, please visit our website, www.coastalenergy.com.

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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

Contact Information

  • Coastal Energy Company
    Frank Inouye
    Chief Executive Officer
    +44 (0) 148 354 9555
    or
    Coastal Energy Company
    William C. Phelps
    Chief Financial Officer
    (713) 877-7125
    Email: investor@coastalenergy.com
    Website: www.coastalenergy.com
    or
    Bell Pottinger Corporate & Financial
    Ann-Marie Wilkinson
    +44 (0) 20 7861 3232
    or
    Bell Pottinger Corporate & Financial
    Nick Lambert
    +44 (0) 20 7861 3232
    or
    Bell Pottinger Corporate & Financial
    Rosanne Perry
    +44 (0) 20 7861 3232