Canadian Superior Energy Inc. Announces New Board Members and Shareholder Approval of the Challenger Energy Plan of Arrangement
10 Settembre 2009 - 2:22PM
Marketwired
Canadian Superior Energy Inc. ("Canadian Superior" or the
"Company") (TSX: SNG)(NYSE Amex: SNG) announced that yesterday, at
the Company's annual and special meeting of holders of common
shares (the "Shareholders"), the Shareholders approved the plan of
arrangement (the "Arrangement") involving the Company, Challenger
Energy Corp. ("Challenger") and the shareholders of Challenger
providing for the acquisition by the Company of Challenger. The
Arrangement received overwhelming support of Shareholders.
Further information in regard to the Arrangement can be found in
the Company's information circular dated August 12, 2009 which is
available at www.sedar.com.
The new board of directors of Canadian Superior also received
strong support with in excess of 90% of the Shareholders voting in
favour of the new board which now includes Kerry R. Brittain,
Marvin M. Chronister, Dr. James Funk, Dr. William Roach, Gregory G.
Turnbull and Richard Watkins.
All other annual meeting resolutions were also approved by the
Shareholders.
Canadian Superior Energy Inc. is a Calgary, Alberta, Canada
based diversified global energy company engaged in the exploration
and production of oil and natural gas, and liquefied natural gas
("LNG") projects, with operations offshore Trinidad and Tobago,
offshore Nova Scotia, Canada, in Western Canada, in the United
States and in North Africa. See Canadian Superior's website at
www.cansup.com to review Canadian Superior's operations.
This news release contains forward-looking information,
including the implementation of a plan of arrangement with
Challenger Energy Corp. Actual results could differ materially due
to intervening events or lack of court approval, and therefore,
there can be no assurance that such action by the Company will be
completed. Forward-looking information contained in this news
release is as of the date of this news release. The Company assumes
no obligation to update and/or revise this forward-looking
information except as required by law.
Statements contained in this news release relating to future
results, events and expectations are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements involve known and unknown
risks, uncertainties, scheduling, re-scheduling and other factors
which may cause the actual results, performance, estimates,
projections, resource potential and/or reserves, interpretations,
prognoses, schedules or achievements of the Corporation, or
industry results, to be materially different from any future
results, performance or achievements expressed or implied by such
statements. Such factors include, among others, those described in
the Corporation's annual reports on Form 40-F or Form 20-F on file
with the U.S. Securities and Exchange Commission.
Contacts: Canadian Superior Energy Inc. Investor Relations (403)
294-1411 (403) 216-2374 (FAX) Canadian Superior Energy Inc. Suite
3200, 500 - 4th Avenue S.W. Calgary, Alberta, Canada T2P 2V6
Website: www.cansup.com
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