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NEWS RELEASE TRANSMITTED BY Marketwire
FOR:
Canadian Superior Energy Inc.
TSX SYMBOL:
SNG
NYSE Alternext US SYMBOL:
SNG
Canadian Superior Energy Inc. Announces Changes to Senior Management
APR 27, 2009 - 09:12 ET
CALGARY, ALBERTA--(Marketwire - April 27, 2009) - The Board of Directors of Canadian Superior Energy Inc. ("Canadian Superior" or the "Company") (TSX:SNG) (NYSE Alternext US:SNG) announced today the departure of Mr. Greg Noval as Executive Chairman of the Company and Mr. Mike Coolen as President and Chief Executive Officer of the Company. It also announced that Mr. Jake Harp has been appointed as Interim Chairman of the Board of Directors. The Company will make further announcements as to its management structure as it works toward a resolution of its Companies' Creditors Arrangement Act application.
Canadian Superior Energy Inc. is a Calgary, Alberta, Canada based diversified global energy company engaged in the exploration and production of oil and natural gas, and liquefied natural gas projects, with operations offshore Trinidad and Tobago, offshore Nova Scotia, Canada, in Western Canada, in the United States and in North Africa. See Canadian Superior's website at www.cansup.com to review Canadian Superior's operations in Western Canada, offshore Trinidad and Tobago, offshore Nova Scotia interests, in the USA and its North Africa interests. Canadian Superior has approximately 20,000 shareholders worldwide, including some of the top institutional shareholders in North America.
FOR FURTHER INFORMATION PLEASE CONTACT:
Carscallen Leitch LLP Stan Carscallen (403) 298-8451 (403) 540-2648 (FAX) Email: carscallen@cllawyers.com
or
Carscallen Leitch LLP 1500, 407 - 2nd Street S.W. Calgary, Alberta, Canada T2P 2Y3
or
Jennings Capital Inc. David McGorman (403) 262-0900 (403) 292-0979 (FAX) Email: david.mcgorman@jenningscapital.com
or
Jennings Capital Inc. 2600, 520 - 5th Ave. SW Calgary, Alberta T2P 3R7
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