VANCOUVER, BRITISH COLUMBIA - Canada Energy Partners Inc. (the "Company") is pleased to announce that it has closed the sale of the Company’s Montney rights for $15,720,000.
CIBC World Markets Inc. acted as financial advisor to the Company with respect to the transaction.
The Company will issue a press release in the near future regarding the distribution to shareholders with details of the timing, the effective date, and final distribution amount.
On behalf of the Board of Directors of
Canada Energy Partners Inc.
For more information, please contact:
CANADA ENERGY PARTNERS INC.
1680-200 Burrard St.
Vancouver, BC V6C 3L6
Main Phone: (604) 909-1154 / Facsimile: (604) 488-0319
Attention: John Proust, Chairman
Direct Phone: (604) 696-9020
Attention: Ben Jones, President and CEO
Direct Phone: (225) 388-9900
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.