Canada Energy Partners Adopts Advance Notice Policy

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2013) - Canada Energy Partners Inc. (TSX VENTURE:CE) ("Canada Energy") announces that the Board of Directors has approved the adoption of an advance notice policy (the "Policy"), for the purpose of providing shareholders, directors and management of Canada Energy with a clear framework for nominating directors. The Policy is meant to: (i) facilitate an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensure all shareholders receive adequate notice of the director nominations and sufficient information with respect to all nominees; and (iii) allow shareholders to register an informed vote having been afforded reasonable time for appropriate deliberation.

The Policy contains a provision that requires advance notice to Canada Energy in circumstances where nominations of persons for election to the board of directors are made by shareholders of Canada Energy. The Policy fixes deadlines by which holders of record of common shares of Canada Energy must submit director nominations to Canada Energy prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to Canada Energy for an effective nomination to occur. No person will be eligible for election as a director of Canada Energy unless nominated in accordance with the provisions of the Policy.

The deadline for notice to Canada Energy in the case of an annual meeting of shareholders is not less than 55 days prior to the date of the annual meeting of shareholders; provided, however, that in the event that the annual meeting of shareholders is to be held on a date that is less than 65 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.

In the case of a special meeting (which is not also an annual meeting) of shareholders called for the purpose of electing directors (whether or not called for any other purposes), the deadline for notice to Canada Energy is no later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.

At the annual and special meeting to be held on October 25, 2013, the shareholders of the Company will be asked to ratify and confirm the adoption of the Policy. The Board has determined that the Policy is effective, and in full force and effect as of September 19, 2013.

The full text of the Policy is available via SEDAR under Canada Energy's issuer profile at www.sedar.com or upon request by contacting the Corporate Secretary at (604) 909-1154.

On behalf of the Board of Directors of Canada Energy Partners Inc.

John Proust

Chairman

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

Forward Looking Statements: This press release contains forward looking statements relating to expected or anticipated future events and operations, number of wells to be drilled, timing of projects and anticipated results that are forward looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the companies' capability to execute and implement future plans. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. There is no representation by the companies that actual results achieved during the forecast period will be the same in whole or in part as that forecast.