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Friday, September 08, 2006 11:09:28 AM
Friday September 8, 8:23 am ET
CALGARY, ALBERTA--(MARKET WIRE)--Sep 8, 2006 -- Canadian Superior Energy Inc. ("Canadian Superior") (TSX:SNG.TO - News) (AMEX:SNG - News) of Calgary, Alberta today announced the expiration of the offer of its wholly-owned subsidiary, Canadian Superior Energy Acquisitions Inc., for all of the outstanding common shares of Canada Southern Petroleum Ltd. ("Canada Southern") (NASDAQ:CSPLF - News) (TSX:CSW.TO - News). An aggregate of 171,493 common shares of Canada Southern have been taken up under the offer and will be paid for within the period required by statute, on the basis of Cdn. $2.50 and 2.75 common shares of Canadian Superior for each common share of Canada Southern acquired.
Canadian Superior is a Calgary, Alberta, Canada based oil and gas exploration and production company with operations in Western Canada, offshore Trinidad and Tobago and offshore Nova Scotia. See Canadian Superior's website at www.cansup.com to review Canadian Superior's Western Canadian Operations, Trinidad and Tobago holdings and Canadian Superior's offshore Nova Scotia interests.
Contact:
Contacts:
Canadian Superior Energy Inc.
Mike Coolen
President & COO
(403) 294-1411
(403) 216-2374 (FAX)
Website: http://www.cansup.com
Canadian Superior Energy Inc.
Suite 3300, 400 - 3rd Avenue S.W.
Calgary, Alberta
Canada T2P 4H2
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