CENTENNIAL ENERGY PARTNERS, L.L.C.

January 05, 2007 13:36 ET

Centennial Energy Partners, L.L.C.- Announcement

NEW YORK, NEW YORK--(CCNMatthews - Jan. 5, 2007) - Centennial Energy Partners, L.P., Hoyt Farm Partners, L.P., Quadrennial Partners, L.P., Centennial Energy Partners V, L.P., Centennial Energy Partners, L.L.C., and Peter K. Seldin (collectively the "Reporting Persons") announce that they acquired 30,000 common shares of Compton Petroleum Corporation (TSX:CMT) today through the facilities of The Toronto Stock Exchange. Centennial Energy Partners, L.L.C. is the General Partner of Centennial Energy Partners, L.P., Hoyt Farm Partners, L.P., Quadrennial Partners, L.P., and Centennial Energy Partners V, L.P. Mr. Seldin is the Managing Member of Centennial Energy Partners, L.L.C.

The purchase by the Reporting Persons of common shares of Compton Petroleum Corporation is for the purpose of investment. As a result of their normal course purchases, the Reporting Persons currently own in the aggregate 23,260,996 common shares of Compton Petroleum Corporation, representing 18.1% of the issued and outstanding common shares. The Reporting Persons may continue to purchase common shares of Compton Petroleum Corporation for investment purposes, depending on the market conditions for shares of Compton Petroleum Corporation and other factors.

Contact Information

  • Centennial Energy Partners, L.L.C.
    Peter Seldin
    212-753-5150