Coastal Energy Announces Result of Annual General Meeting

Coastal Energy Announces Result of Annual General Meeting

HOUSTON, June 18, 2013 (GLOBE NEWSWIRE) -- Coastal Energy Company (TSX:CEN)
(AIM:CEO) is pleased to announce that at the AGM of the Company held earlier
today, 18 June 2013, 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.

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

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