Canadian Superior Presenting at Major Energy Conference this Week in London, England and at Canada's Largest Energy Conference, The Canadian Association of Petroleum Producers 'Capp'...
Tuesday June 13, 6:13 pm ET
CALGARY, ALBERTA--(MARKET WIRE)--Jun 13, 2006 -- 2006 Oil & Gas Investment Symposium in Calgary, Alberta
Canadian Superior Energy Inc. (TSX:SNG.TO - News) (AMEX:SNG - News) ("Canadian Superior") reports that the Company's Chairman and Chief Executive Officer will be speaking in London, England later this week at a large international energy conference where companies including British Petroleum, ConocoPhilips, ENI, Statoil and Shell International will also be speaking. The presentation by Canadian Superior's Chairman may be viewed on Canadian Superior's website www.cansup.com.
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This week, Mr. Noval and Canadian Superior's President and Chief Operating Officer, Mike Coolen, will also be in Copenhagen, Denmark meeting with A. P. Moller - Maersk A/S ("Maersk"), (OMX: MAERSK B), regarding the refurbishment of the Kan Tan VI semi-submersible drilling rig which is well underway at the Keppel AmFELS's shipyard in the Gulf of Mexico, near Brownsville, Texas. Canadian Superior has contracted the Kan Tan IV Semi-Submersible Drilling Rig, managed by A. P. Moller - Maersk A/S ("Maersk"), one of the world's largest offshore drilling and shipping companies, and owned by Beijing Zhiyuan Industries Company Limited ("Beijing Zhiyuan"), of Beijing, China, a member of the SINOPEC Group of Companies (NYSE:SNP - News), the 3rd largest company in China. Canadian Superior and its financial partner, Challenger Energy Corp. (TSXV: CHA) will be drilling two (2) back-to-back wells on Canadian Superior's "Intrepid" Block 5© offshore Trinidad starting in Q4 of this year. Mr. Noval and Mr. Coolen are being hosted in Copenhagen by Maersk and Canadian Superior is preparing to drill the two wells.
Also, Mr. Noval and Canadian Superior presented at Canada's largest energy investment conference, the Canadian Association of Petroleum Producers (CAPP) 2006 Oil & Gas Investment Symposium. At Canadian Superior's CAPP presentation on June 12th, Mr. Noval outlined the Canadian Superior strategy for making its bid to take-over Canada Southern Petroleum Ltd. (NASDAQ: CSPLF/TSX:CSW). Canada Southern has various holdings in several significant oil and gas discoveries in the Canadian Arctic. Mr. Noval said, "Our take-over of Canada Southern offers Canada Southern shareholders immediate upside through our 'World Class' opportunities offshore Trinidad and our stable Western Canadian operations and Canadian Superior shareholders with longer term upside through Canada Southern's interest in the Arctic". Canadian Superior's June 12th CAPP presentation was webcasted and can be found on Canadian Superior's website www.cansup.com.
Canadian Superior is a Calgary, Alberta, Canada based oil and gas exploration, development and production Company with offshore drilling operations and offices in Halifax, Nova Scotia, Canada and Port of Spain, Trinidad and Tobago. The Company's shares trade on both the American Stock Exchange ("AMEX") and the Toronto Stock Exchange ("TSX") under the stock symbol ("SNG").
