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CANADA ENERGY PARTNERS INC. SUCCESSFULLY COMPLETES MONTNEY EXPLORATION STRATEGY IN NORTHEAST B.C.

April 2, 2008

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 2, 2008) - Canada Energy Partners Inc. (TSX VENTURE:CE) ("Canada Energy" or the "Company") is pleased to announce that it has successfully executed its Montney exploration strategy in northeast British Columbia. Canada Energy's lands consist of 65 net sections or 42,118 net acres of prospective deep rights including the Montney/Doig Formation which has recently gained market attention as a result of successful commercial results.

As announced in its March 14th and April 1st, 2008 news releases, Canada Energy has formed two strategic partnerships for its deep rights with experienced, successful and well-funded oil and gas producers, Crew Energy Inc. and West Energy Ltd. Canada Energy has effectively enhanced its attractive land position with the substantial operational and technical expertise of its joint venture partners. Canada Energy has retained significant working interests in its projects while funding for initial exploration will be undertaken by its joint venture partners. Both exploration programs will be 100% funded by the joint venture partners, including three-dimensional seismic over the majority of Canada Energy's lands, the drilling of a minimum of 5 and up to 10 exploratory wells, with a total exploration budget of up to $51 million including completion costs on the wells. Work programs by both Crew Energy and West Energy are currently underway.

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

CONTACT INFORMATION:

Canada Energy Partners Inc.
John Proust
Director
(604) 895-7445
Email: info@canadaenergypartners.com

or

Canada Energy Partners Inc.
Ben Jones
Chief Executive Officer
(225) 928-9980
Email: info@canadaenergypartners.com
Website: www.canadaenergypartners.com

John Proust, Director

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.

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

 


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