July 2009 Presentation CEN

Corporate Presentation
July 2009
Corporate Presentation July 2009 Copyright Coastal Energy Company 2009 | All Rights Reserved 1
Forward Looking Statements
This presentation 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. This presentation does not contain all of the information
contained in the preliminary prospectus of Coastal Energy Company,
which should reviewed for complete information.
Presentation Outline
The Company
Overview
Investment Highlights
Asset Overview
Offshore Gulf of Thailand
Onshore Thailand
Investor Information
Reserve Base
Explanation of Thailand Fiscal Terms
Forecasted Production Profile
Corporate Information
Strategy and Objectives
Company Overview
International Oil and Gas Company with assets in Thailand
Established Reserve and Production Base

Total production 9,000 boepd
Oil production from Songkhla field in the Gulf of Thailand 7,000 bopd
Net gas production from Phu Horm field onshore Thailand 2,000 boepd
Proven (1P) Reserves 26.6 mmboe
Proven plus Probable (2P) Reserves 62.1 mmboe
Proven plus Probable plus Possible (3P) Reserves 75.7 mmboe
Contingent and Prospective Resources 773.0 mmboe
Note: Q209 average production rates; Reserve numbers from Competent Person’s Report dated 12/31/2008 prepared by Huddleston & Co.
Balanced portfolio of production, development and exploration assets:

Offshore Thailand – Oil production with appraisal and exploration upside
Onshore Thailand – Gas production with appraisal and exploration upside
Investment Highlights
Established production offshore and onshore Thailand: 9,000 boepd
High-impact offshore development assets
2P Reserves at the Songkhla field in the Gulf of Thailand increased 300% from
4.9 mmbbl to 19.7 mmbbl as a result of Q408 drilling campaign
2P Reserves at the Bua Ban field in the Gulf of Thailand of 21.8 mmbbl
Bua Ban development expected to begin late Q409
Significant offshore exploration potential
346 mmbbl of Prospective Resources (high estimate)
Ability to leverage existing offshore infrastructure in future development
Use of FSO and processing platforms to produce from multiple fields will help minimize
lease operating expenses and development costs
Asset Overview
Offshore Thailand - 100% of blocks G5/43 & G5/50:

Songkhla Field: Average production of 7,000 bbl/d in Q209
Oligocene development wells and a water injector are planned for
Q309; expected to spud late August
Songkhla B – Potentially high-impact exploration well planned to spud
in October
Bua Ban Field: Drilling expected to commence late 2009
Untested exploration potential in Songkhla Basin as well as three other
under-explored Tertiary Basins within the block
Onshore Thailand – Balanced Risk Portfolio:

12.6% net working interest in the Phu Horm gas field currently producing
12.6 mmcfd on average; 2,000 boepd net to Coastal
36.1% interest in block L27/43 – contains the undeveloped Dong Mun gas
field; Phu Kheng well scheduled to spud June 2009
21.7% interest in block L13/48 located adjacent to blocks L15/43 and L27/43
– contains Si That discovery; Si That B well scheduled to spud Q3 2009
36.1% interest in block L15/43 – surrounds the Phu Horm field
Total Q209 average production of approximately 9,000 boepd
Block G5/43 - Songkhla Field
Top Lower Oligocene Sand
689200 689600 690000 Coastal drilled three successful wells in Q4 2008
7900
-75
0
-820
Average production for Q209 was 7,000 bopd

00
00
SA-01
-80
834000
834000
Well
00 Songkhla
80
0 #1 Production from the A-01 and A-03 wells began late
0
-7
0
40
Original
60
0
-7
-7
70
Discovery Well
833600
833600
February 2009 from the Lower Oligocene reservoir
-7500
-7
-7900
Songkhla Lower Oligocene 2P Reserves increased by 220%

0
-720
833200
833200
-8000
to 15.7 mmbbl from 4.9 mmbbl at December 31, 2007

-730
-7800
-7400
0
-7600
832800
832800
SA-03
-7700
Well Feet structurally higher than

-750
Well Name Net Pay (ft) Porosity

Songkhla #1 Well
0
-7900
832400
832400
Songkhla A‐01
(Lower Oligocene) 126 20% 86
0
00
Songkhla A‐03
-8
-74
832000
832000
(Lower Oligocene) 152 20% 47

-7800
00
-760
Songkhla A‐07
-7700
(Eocene) 136 16.5% N/A

-75
831600
00
831600
689200 689600 690000
0 200 400 600 800 1000m
Gulf of Thailand
Block G5/43
Block G5/43 - Songkhla Field
Top Eocene Structure Depth Map
Production from A-07 Eocene exploration well was

tied in mid-April 2009
A-07 well has been shut-in since June 6th,
2009
SA - 01 2P Reserves of 3.9 mmbbl assigned to the

SA - 03 Songkhla Eocene structure; the potential of the
Eocene reservoir is significant
SA - 07
Additional Eastern Eocene Fault Block
Songkhla Eocene Fault Block B is included in
3P reserves of 7.6 mmbbl
2P Reserves at Songkhla now total 19.7 mmbbl
Asset Overview – Offshore Gulf of Thailand
Bua Ban Field:
Block G5/43
6 Development wells and 2 injectors to
commence drilling late Q4 2009
Proved & Probable recoverable reserve
estimate is 21.8 mmbbl
Original discovery well tested 768 bopd from
Lower Oligocene sandstones
3 well appraisal programme completed in
August 2005 encountered Lower Oligocene
reservoir with estimated net pay ranging from
66 – 77 ft
Bua Ban-2A
Confirmed oil column of 577 ft – 724 ft
3-D Seismic acquired in Q4 2006
Bua Ban-1
Oligocene Isopach Map
Note: Based on Current CEO mapping estimates
G5/43 Fields and Prospects
Bua Ban Confirmed prospect inventory includes a variety of
North D Bua Ban
North B
Songkhla
structural and stratigraphic targets
North
Songkhla A
Songkhla
Bua Ban Miocene
Northwest B Songkhla West
Oligocene Unit 2 Songkhla B – low-risk exploration prospect
Songkhla Main
Songkhla West
Oligocene similar in size and structure to Songkhla Main;
Bua Ban
Northwest A
Oligocene Unit
4
good Lower Oligocene and Eocene targets
Songkhla
Main Bua Ban
Eocene
Bua Ban Bua Ban
Songkhla B
5 prospects surrounding Bua Ban (including
North C North A Songkhla B
Miocene Eocene
Benjarong Lower Oligocene) evaluated by
Bua Ban
Field
Huddleston & Co.
Songkhla B Songkhla
Songkhla S-1
Oligocene South
Benjarong
Benjarong
East 2
Benjarong Eocene prospect evaluated by
Huddleston & Co. And assigned contingent
Benjarong
East 1 Songkhla
Southwest
resources of 17.5 mmbbl; requires further drilling
to confirm reserve base
Legend
Benjarong Benjarong-1
Existing 3D coverage over discovered fields and
Reserves
Eocene
several undrilled mapped prospects
Prospective Resources
Ko Khra Basin and Nakhon Basin remain unexplored
Benjarong
Lower Contingent Resources and require seismic surveys
Oligocene
Additional Coastal
Prospects
Offshore Reserves & Resources
Reserves (mmbbl) 1P 2P 3P
Songkhla Lower Oligocene 9.8 15.7 19.7
Songkhla Eocene 1.1 3.9 7.6
Bua Ban Main 7.2 21.8 27.8
Total 18.1 41.4 55.1
Prospective Resources* High Case (mmboe)

Songkhla North 4.1
Songkhla West Oligocene Unit 2 8.8
Songkhla West Oligocene Unit 4 8.3
Songkhla South-West 2.6
Songkhla B Oligocene 5.6
Songkhla B Eocene 2.5
Songkhla South 2.7
Songkhla Total 34.6
Bua Ban North A 89.0
Bua Ban North B 11.1
Bua Ban North C 44.1
Bua Ban North D 23.1
Benjarong Lower Oligocene 144.4
Bua Ban Total 311.7
G5/43 Total Prospective Resources 346.3
Contingent Resources* High Case (mmboe)
Benjarong 17.5
Songkhla South-West 3.6
G5/43 Total Contingent Resources 21.1
Grand Total Offshore Prospective &

Contingent Resources 367.4
Additional Coastal Prospects** High Case (mmboe)

Songkhla A Miocene 17.5
Songkhla B Miocene 3.6
Songkhla Total 21.1
Bua Ban Northeast A 23.4

Bua Ban Northeast B 10.2
Benjarong East 1 & 2 21.9
Bua Ban Total 55.5
Total Coastal Additional Prospects 93.0
Gross Working Interest Reserves

*Huddleston & Co. estimates as of 12/31/2008
**Coastal Reserve Estimates Only
Asset Overview – Onshore Thailand
EU1/E5N – Contains the Phu Horm Gas Field (Coastal net

12.6% interest)
2,000 boepd net to Coastal
L27/43 – Contains the Dong Mun undeveloped gas field and

several un-drilled prospects (Coastal net 36.1% interest); Phu
Kheng well spudded early July 2009; expect results early
August
L13/48 – Contains Si That discoveries (Coastal net 21.7%

interest); Si That B well scheduled to spud Q3 2009
L15/43 – Surrounds Phu Horm and contains a potential

southern extension of the Phu Horm field (Coastal net 36.1%
interest)
Blocks EU1, E5N, L15/43

Phu Horm Gas Field
Coastal net 12.6% interest (Hess Operator)
Coastal net 2,000 boepd
Feedstock for 750 MW power plant at Nam
Phong; gas sold under 15-year gas sales
agreement expiring 2021
Contingent gas resources of 5.4 tcf (high case)
3-D seismic shoot planned for 2010
Proposed Phu Horm South Well
PK-1
Indosinian 1 Unconformity TWT Structure
Block L27/43 Coastal net 36.1% interest

Contains the Dong Mun gas field
Phu Kheng well spudded early July 2009
Phu Kheng
PK-1 will test shallower Dong Mun shows in
optimum structural position
Results expected early August
2-D seismic acquired in Q1 2006 over Dong Mun
field and existing prospects/leads
9 additional leads confirmed in the block
Current mapping suggests estimated gas
resources in the block could be as high as 2 tcf
Dong Mun-3 exploration well drilled in early 2008
with gas shows in Jurassic and Triassic tight sands
Block L13/48
Coastal net 21.7% interest
Appraisal well scheduled to spud in Q3 2009
Si That – wells 1 & 2 both tested gas
ST-2 well tested gas from Permian Dolomites
Si That B Current mapping suggests Si That structure could
hold gas in place in excess of 1 tcf
2-D seismic acquired in late 2007
Reserve Base
Proved + Probable +
License Area Proved (1P) Proved +Probable (2P)
Possible (3P)
Offshore – Oil (mmbbl)
Songkhla Lower Oligocene 9.8 15.7 19.7
Songkhla Eocene 1.1 3.9 7.6
Bua Ban 7.2 21.8 27.8
Total Offshore (mmbbl) 18.1 41.4 55.1
Onshore
Phu Horm - Gas (bcf) 49.3 120.2 120.2
Phu Horm – Condensate (mmbbl) 0.3 0.6 0.6
Total Onshore (mmboe) 8.5 20.8 20.8
Grand Total (mmboe) 26.6 62.2 75.9
Note: Reserves taken from the Competent Person’s Report prepared by Huddleston & Co., effective December 31, 2008
Net Asset Value
10% Pre-tax 10% Post-Tax NAV per Share NAV per Share NAV per Share
Case
(US$ MM) (US$ MM) (US$ Pre-tax) (US$ Post-tax) (C$ Post-tax)
Offshore
Proved $492.9 $284.1 $4.85 $2.80 C$3.06
Proved +Probable $1,173.6 $497.7 $11.56 $4.90 C$5.35

Proved + Probable +
$1,618.0 $634.3 $15.93 $6.25 C$6.82
Possible
Onshore
Proved $153.9 $69.5 $1.52 $0.68 C$0.74
Proved +Probable $264.9 $112.9 $2.61 $1.11 C$1.21
Proved + Probable + C$1.21

$264.9 $112.9 $2.61 $1.11
Possible
Total
Proved $646.8 $353.6 $6.37 $3.48 C$3.90
Proved +Probable $1,438.5 $610.6 $14.17 $6.01 C$6.56
Proved + Probable +
$1,882.9 $747.2 $18.54 $7.36 C$8.03
Possible
Notes: All amounts in US dollars except where noted
After-tax NAVs include effect of Thai Petroleum Income Tax (PIT) and Special Remuneratory Benefit (SRB)
NAVs determined using Forecast Pricing from Gilbert Lausten Jung (www.gljpc.com)
Per share amounts calculated using fully diluted sharecount as at December 31, 2008
1 CAD = 0.916 USD as of May 31, 2009
Thailand Fiscal Terms
Offshore (G5/43 & G5/50)

“Thai III” regime
Royalty payable on a sliding scale determined by monthly production volume (5 – 15%)
Current monthly production volume results in 8% effective royalty rate
Monthly production of 20,000 bopd results in 10% effective royalty rate
Petroleum Income Tax (“PIT”) payable on net income after deductions
Allowable deductions: Royalty, Operating Expenses, Depreciation Allowance,
Special Remuneratory Benefit, Loss Carryforward
Depreciation Treatment
Tangibles depreciated straight-line over 5 years
Pre-production intangibles depreciated straight-line over 10 years
Post-production intangibles expensed as incurred
Resulting net income taxed at 50% rate
Thailand Fiscal Terms
Special Remuneratory Benefit (“SRB”)
Designed as a “Windfall Profits Tax” for high oil price environments
Assessed on a sliding scale basis determined by “Revenue per Meter Drilled”
Petroleum Revenue applied to sliding scale is adjusted for inflation and exchange
rate fluctuations
Coastal’s offshore concessions provide a 600,000 meter “allowance” to be added to actual
drilling footage
Tax assessed on “Petroleum Profit”
Allowable deductions: Royalty, Depreciation Allowance, Operating Expenses, Loss
Carryforwards
All Capex is expensed as incurred, with a special 35% “uplift” on facilities capex
Allows for full capital recovery plus uplift
SRB is deductible for PIT purposes
Offshore Taxation Expectations*
Coastal does not expect to incur any SRB liability in 2009 or 2010
Coastal expects its overall effective tax rate to be 0% in 2009 and approximately 15% in
2010
*Assumes $60MM capex in 2009 and $100M capex in 2010 for development of Bua Ban and Benjarong fields and prospects; $37/bbl
realized oil price in 2009 and $47/bbl in 2010; Average daily offshore production of 8.5K bopd in 2009 and 21K bopd in 2010
Forecasted Production Profile
20,000
18,000
16,000
Barrels Oil Equivalent per day at End of Year
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2007 2008 2009
Offshore Onshore
*Production rate as at 12/30/2008 as production was shut-in on 12/31/2008 for rig demobilization
Corporate Information
Total number of outstanding shares (giving effect to the May 2009 98,630,720
equity offering)
Fully diluted share count (giving effect to the May 2009 equity 112,061,465
offering)
Cash (giving effect to the May 2009 equity offering) US$20.5 million
Reserve Based Credit Facility Outstanding (post 6/30/09 US$37.8 million

redetermination)
Other Short Term Debt US$17.8 million
Trading Symbols: “CEO” on London AIM and “CEN” on TSX-V
Strategy and Objectives
Continue to develop existing assets and build production
Prove up additional reserves within current portfolio
Identify “orphaned” opportunities for acquisition or joint venture
Geographic focus and strategy

Primary focus – Thailand and Southeast Asia
Secondary focus – Countries with developing economies and favourable
operating regimes
Contact Details
Cayman Islands Houston Bangkok
Coastal Energy Company Coastal Energy Company NuCoastal (Thailand) Limited
Walker House 3355 West Alabama 24th Floor, Two Pacific Place
87 Mary Street Suite 500 142 Sukhumvit Road Klongtoey
Bangkok, Thailand 10010
George Town, KY1-9001 Houston, Texas 77098
Grand Cayman, BWI Telephone: +1 (713) 877-7125
Fax: +1 (713) 877-7192
investor@coastalenergy.com
www.coastalenergy.com
Legal Disclaimer
The information contained in this presentation (“Presentation”) has been prepared by Coastal Energy Company (“Company”) and is being delivered for informational purposes
only to a limited number of persons to assist them in deciding whether or not they have an interest in investing in the Company. The Presentation has not been independently
verified and the information contained in it is subject to updating, completion, revision, verification and further amendment. The Presentation does not purport to contain all
information that a prospective investor may require. While the information contained in it has been prepared in good faith, neither the Company nor its shareholders, directors,
officers, agents, employees, or advisors give, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy,
reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested
party or its advisers (all such information being referred to as “information”) and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its
shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct, express or implied, contractual, torturous,
statutory or otherwise, in respect of the accuracy or completeness of the information or for any of the opinions contained in, or for any errors, omissions or misstatements or for
any loss, howsoever arising from the use of this Presentation. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient
with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent.
Information contained in this Presentation is confidential information and the property of the Company. It is made available strictly for the purposes referred to above.
The Presentation and any further confidential information made available to any recipient must be held in complete confidence and documents containing such information may
not be reproduced, used or disclosed without the prior written consent of the Company. This Presentation must not be copied, published, reproduced or distributed in whole or in
part at any time without the prior written consent of the Company and by accepting the delivery or making to it of this Presentation, the recipient agrees not to do so and to return
any written copy of this Presentation to the Company at the request of the Company.
This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisors. Each
party to whom this Presentation is delivered or made must make its own independent assessment of the Company after making such investigations and taking such advice as may
be deemed necessary. In particular, any estimates or projections or opinions contained in this Presentation necessarily involve significant elements of subjective judgement,
analysis and assumption and each recipient should satisfy itself in relation to such matters. Neither the delivery or making of this Presentation nor any part of its contents is to be
taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any
prospective investors. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the
Company.
This Presentation does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the
Company, nor shall it, or the fact of its delivery, making or distribution, form the basis of, or be relied upon in connection with, or act as any inducement to enter into, an contract
or commitment whatsoever with respect to such securities. Any such solicitation or offer will be made by means of a prospectus to be issued by the Company in due course and
any decision to subscribe for securities in the Company should be made solely on the basis of the information contained in such prospectus.
Legal Disclaimer (continued)
The delivery, making or distribution of this Presentation in or to persons in certain jurisdictions may be restricted by law and persons who receive this Presentation should inform
themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction. In
particular, this Presentation has not been approved by an authorised person pursuant to Section 21 of the Financial Services and Markets Act 2000 (“FSMA”) and accordingly, it
is being communicated in the United Kingdom only to persons to whom this Presentation may be communicated without contravening the financial promotion prohibition in
Section 21 of the FSMA. Those persons are described in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“Order”) and include persons who
fall within the category of person set out in Articles 19 and 49 of the Order. Any investment activity to which this Presentation relates in the United Kingdom is available to, and
will only be engaged with such persons and this Presentation should not be acted or relied upon in the United Kingdom by persons of any other description. This Presentation
has not been approved as a prospectus by the UK Financial Services Authority (“FSA”) under Section 87A of the FSMA and has not been filed with the FSA pursuant to the
United Kingdom Prospectus Rules. No offer of securities in the Company is being or will be made in the United Kingdom in circumstances which would require such a
prospectus to be prepared.
The securities proposed to be issued by the Company (the "Common Shares") have not and will not be registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act") and may not be offered or sold in the United States except pursuant to an exemption from, or transactions not subject to, the registration requirements of the
Securities Act. In addition, other than to a limited number of persons reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the Securities Act),
neither this Presentation nor any copy of it may be taken or transmitted into the United States or America or distributed directly or indirectly, in the United States of America or
to any resident thereof except in compliance with the applicable U.S. securities laws. Any failure to comply with these restrictions may constitute a violation of applicable U.S.
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Corporate Presentation

This presentation contains ‘forward-looking statements’ as defined by the

International Oil and Gas Company with assets in Thailand

Established Reserve and Production Base

Balanced portfolio of production, development and exploration assets:

Established production offshore and onshore Thailand: 9,000 boepd

High-impact offshore development assets

4.9 mmbbl to 19.7 mmbbl as a result of Q408 drilling campaign

 Bua Ban development expected to begin late Q409

Significant offshore exploration potential

 346 mmbbl of Prospective Resources (high estimate)

Ability to leverage existing offshore infrastructure in future development

Offshore Thailand - 100% of blocks G5/43 & G5/50:

Onshore Thailand – Balanced Risk Portfolio:

Total Q209 average production of approximately 9,000 boepd

 Average production for Q209 was 7,000 bopd

 Songkhla Lower Oligocene 2P Reserves increased by 220%

to 15.7 mmbbl from 4.9 mmbbl at December 31, 2007

Well Feet structurally higher than

Well Name Net Pay (ft) Porosity

(Lower Oligocene) 152 20% 47

(Eocene) 136 16.5% N/A

689200 689600 690000

0 200 400 600 800 1000m

 Production from A-07 Eocene exploration well was

SA - 01  2P Reserves of 3.9 mmbbl assigned to the

2P Reserves at Songkhla now total 19.7 mmbbl

Oligocene Isopach Map

Note: Based on Current CEO mapping estimates

Prospective Resources* High Case (mmboe)

Grand Total Offshore Prospective &

Additional Coastal Prospects** High Case (mmboe)

Bua Ban Northeast A 23.4

Total Coastal Additional Prospects 93.0

Gross Working Interest Reserves

 EU1/E5N – Contains the Phu Horm Gas Field (Coastal net

 2,000 boepd net to Coastal

 L27/43 – Contains the Dong Mun undeveloped gas field and

 L13/48 – Contains Si That discoveries (Coastal net 21.7%

 L15/43 – Surrounds Phu Horm and contains a potential

Blocks EU1, E5N, L15/43

Proposed Phu Horm South Well

Block L27/43 Coastal net 36.1% interest

Songkhla Lower Oligocene 9.8 15.7 19.7

Songkhla Eocene 1.1 3.9 7.6

Bua Ban 7.2 21.8 27.8

Total Offshore (mmbbl) 18.1 41.4 55.1

Phu Horm - Gas (bcf) 49.3 120.2 120.2

Phu Horm – Condensate (mmbbl) 0.3 0.6 0.6

Total Onshore (mmboe) 8.5 20.8 20.8

Grand Total (mmboe) 26.6 62.2 75.9

Proved $492.9 $284.1 $4.85 $2.80 C$3.06

Proved +Probable $1,173.6 $497.7 $11.56 $4.90 C$5.35

Proved $153.9 $69.5 $1.52 $0.68 C$0.74

Proved +Probable $264.9 $112.9 $2.61 $1.11 C$1.21

Proved + Probable + C$1.21

Offshore (G5/43 & G5/50)

 Reserve Based Credit Facility Outstanding (post 6/30/09 US$37.8 million

 Other Short Term Debt US$17.8 million

 Trading Symbols: “CEO” on London AIM and “CEN” on TSX-V

 Continue to develop existing assets and build production

 Prove up additional reserves within current portfolio

 Identify “orphaned” opportunities for acquisition or joint venture

Bua Ban development expected to begin late Q409

346 mmbbl of Prospective Resources (high estimate)

Average production for Q209 was 7,000 bopd

Songkhla Lower Oligocene 2P Reserves increased by 220%

Production from A-07 Eocene exploration well was

SA - 01 2P Reserves of 3.9 mmbbl assigned to the

EU1/E5N – Contains the Phu Horm Gas Field (Coastal net

2,000 boepd net to Coastal

L27/43 – Contains the Dong Mun undeveloped gas field and

L13/48 – Contains Si That discoveries (Coastal net 21.7%

L15/43 – Surrounds Phu Horm and contains a potential

Reserve Based Credit Facility Outstanding (post 6/30/09 US$37.8 million

Other Short Term Debt US$17.8 million

Trading Symbols: “CEO” on London AIM and “CEN” on TSX-V

Continue to develop existing assets and build production

Prove up additional reserves within current portfolio

Identify “orphaned” opportunities for acquisition or joint venture

Geographic focus and strategy