Coastal Energy announces the successful completion of the previously announced merger with Condor Acquisition (Cayman) Limited, a newly-incorporated entity controlled by Compañía Española de Petróleos and in which Strategic Resources (Global) Limited is an investor. Pursuant to the Merger, the Purchaser acquired all of Coastal's issued and [...]
Coastal announced today that its shareholders have voted to approve the merger with Condor Acquisition (Cayman) Limited. As previously announced on November 19, 2013, Purchaser, a newly-incorporated entity controlled by Compañía Española de Petróleos, S.A.U. and in which Strategic Resources (Global) Limited is an investor, entered into a definitive [...]
Coastal announced today that it has mailed a management information circular to Coastal shareholders in connection with the extraordinary meeting to be held on January 6, 2014 to consider and vote on the proposed transaction with Condor Acquisition (Cayman) Limited, a newly-incorporated entity controlled by Compañía Española de Petróleos, S.A.U [...]
Coastal Energy announced today that it has entered into a definitive merger agreement providing for the acquisition by Compañia Española de Petroleos, of all of the issued and outstanding shares of Coastal at a price of C$19.00 per common share in cash. The purchase price represents a premium of 28% to the closing price of the Company's common [...]
Coastal Energy Company, an independent exploration and production company with assets in Southeast Asia, announces the financial results for the three and nine months ended September 30, 2013. The functional and reporting currency of the Company is the United States dollar.
Coastal Energy Company wishes to comment on media reports regarding strategic discussions between Coastal and a third party. The Company advises that it continuously evaluates opportunities to maximize shareholder value. The Company advises that there is no transaction to announce and if the Company enters into any material transaction it will [...]
Coastal Energy Company wishes to comment on media reports regarding strategic discussions between Coastal and a third party. The Company advises that it continuously evaluates opportunities to maximize shareholder value.
Further to the Coastal Energy Company's announcement on 11 June 2013 regarding the implementation of a Normal Course Issuer Bid, which commenced on 14 June 2013 the Company provides the following update relating to common shares in the Company purchased, and subsequently cancelled in accordance with the NCIB.
Coastal Energy, an independent exploration and production company with assets in Southeast Asia, announces the financial results for the three and six months ended June 30, 2013. The functional and reporting currency of the Company is the United States dollar.
Coastal Energy Company, an independent exploration and production company with assets in Southeast Asia, today announces an update to its onshore operations.