Claren Energy Corp T.CEN

Primary Symbol: V.CEN.H Alternate Symbol(s): CNENF

Energy Oil & Gas E&P

Claren Energy Corp. is a Canada-based company. The Company's principal business was the acquisition and exploration of petroleum and natural gas properties.

TSXV:CEN.H - Post by User

Claren Energy Corp

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Post by multicoreon Jan 29, 2009 2:35pm

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Post# 15737702

News: AIM Blocklisting Application 11:40 AM

AIM Blocklisting Application

Coastal Energy Co CEN

1/29/2009 11:40:00 AM

HOUSTON, Jan. 29, 2009 (Canada NewsWire via COMTEX News Network) --

<< /THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES/ AIM: CEO TSX-V: CEN >>

Coastal Energy Company, (TSX-V:CEN, AIM:CEO) ("Coastal" or "the Company") an independent exploration and production company with assets in South-East Asia, announces that it has submitted an application to AIM for the blocklisting of 2,000,000 common shares of US$0.04 each to AIM. Admission of the blocklisted shares is expected at 8am on 30 January 2009.

Additional information, including the Company's complete competent person's may be found on the Company's website, www.CoastalEnergy.com or may be found in documents filed on SEDAR, www.sedar.com.

This statement contains 'forward-looking statements' as defined by the applicable securities legislation. Statements relating to current and future drilling results, existence and recoverability of potential hydrocarbon reserves, production amounts or revenues, forward capital expenditures, operation costs, oil and gas price forecasts and similar matters are based on current data and information and should be viewed as forward-looking statements. Such statements are not guarantees of future results and are subject to risks and uncertainties beyond Coastal Energy's control. Actual results may differ substantially from the forward-looking statements.

These securities have not been registered under United States Securities Act of 1933 (the "US Securities Act") or the securities laws of any state and may not be offered or sold in the United States or to US persons (as defined in Regulation S under the US Securities Act) unless an exemption from registration is available.

<< "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release" >>

SOURCE: Coastal Energy Company

Enquiries: Coastal Energy Company, Randy L. Bartley,       Chief Executive , (713)
      

877-6705; William C. Phelps,       Chief Financial , (713) 877-6727, Email:
      

investor@CoastalEnergy.com; Bell Pottinger Corporate & Financial, Nick      

Lambert/Rosanne Perry, +44 (0) 20 7861 3232; KBC Peel Hunt Ltd (Nominated Adviser),      

Jonathan Marren/Matt Goode, +44 (0) 20 7418 8900