Centurion Energy International Inc.
TSX : CUX
AIM : CUX.L

Centurion Energy International Inc.

October 31, 2006 11:06 ET

Centurion Comments on Recent Trading Activity

CALGARY, ALBERTA--(CCNMatthews - Oct. 31, 2006) - Centurion Energy International Inc. (TSX:CUX) (AIM:CUX.L) ("Centurion"), an international oil and gas exploration and production company operating in Egypt and West Africa, announces that it has been approached by a third party on an unsolicited basis with respect to a possible corporate transaction. Centurion and the third party are currently in discussions in this regard. While it is possible that these discussions may lead to some form of transaction, there is no assurance such discussions will lead to a transaction being consummated or the ultimate form of any such transaction. Centurion does not intend to make further announcements unless an agreement is reached or discussions are terminated.

Contact Information

  • Centurion Energy International Inc.
    Said Arrata
    Chairman and CEO
    (403) 263-6002
    or
    Centurion Energy International Inc.
    Paul McDougall
    VP Finance
    (403) 263-6002
    or
    Centurion Energy International Inc.
    Scott Koyich
    Investor Relations
    (403) 215-5979
    or
    Canaccord Adams Limited
    David Porter
    + 44 20 7518 2777