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Press release from GlobeNewswire (a Nasdaq OMX company)

Notice of Annual General Meeting

Tuesday, June 19, 2012

HOUSTON, June 19, 2012 (GLOBE NEWSWIRE) -- Coastal Energy Company (TSX:CEN) (AIM:CEO) is pleased to announce that at the AGM of the Company held earlier today, 19 June 2012, all resolutions put to shareholders were duly passed.

Additional information, including the Company's complete competent person's report may be found on the Company's website at www.CoastalEnergy.com or may be found in documents filed on SEDAR at www.sedar.com.

The Coastal Energy Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10062

CONTACT: Enquiries:
Coastal Energy Company
Email: investor@CoastalEnergy.com
+1 (713) 877-6793
Strand Hanson Limited (Nominated Adviser)
Rory Murphy / Paul Cocker
+44 (0) 20 7409 3494
Macquarie Capital (Europe) Limited (Broker)
Paul Connolly / Jeffrey Auld
+44 (0) 20 3037 2000
FirstEnergy Capital LLP (Broker)
Hugh Sanderson / Travis Inlow
+44 (0) 20 7448 0200
Buchanan
Tim Thompson / Ben Romney
+44 (0) 20 7466 5000

Coastal Energy Company Logo