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CANADA ENERGY PARTNERS INC. AMENDS FINANCING TO INCLUDE FLOW-THROUGH SHARES

May 13, 2008

Canada Energy Partners Inc. (the “Company”) (TSX VENTURE: CE) announces that the Company’s financing previously announced on April 23, 2008, will include up to $5,000,000 of CDE flow-through shares.  The other terms of the financing have not changed.

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

John Proust

John Proust
Director

CANADA ENERGY PARTNERS INC.
1500 – 885 West Georgia St.
Vancouver, BC
V6C 3E8
Main Phone: (604) 909-1154
Facsimile: (604) 488-0319

Attention: John Proust, Director
Email: info@canadaenergypartners.com
Direct Phone:  (604) 895-7445

www.canadaenergypartners.com

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 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 company’s 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 company that actual results achieved during the forecast period will be the same in whole or in part as that forecast.

 


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