TULSA, Okla., Oct. 30 /CNW/ -- American Natural Energy Corporation
("ANEC") (TSX Venture: ANR.U) is pleased to announce that each of the Alberta
Securities Commission, British Columbia Securities Commission, Ontario
Securities Commission, Manitoba Securities Commission, and the Autorite des
marches financiers has issued an order dated October 29, 2008 revoking the
cease trade order which it issued against ANEC.
As part of the process of seeking revocation of the cease trade orders,
ANEC has filed its financial statements and management discussion and analysis
for the year ended December 31, 2007, for the three-month period ended March
31, 2008 and for the six-month period ended June 30, 2008, and filed on SEDAR
an amended Form 51-101F1 and Form 51-101F3.
ANEC plans to seek industry participation in the development of its
interests in its oil and natural gas properties.
ANEC is a Tulsa, Oklahoma based independent exploration and production
company with operations in St. Charles Parish, Louisiana. For further
information please contact Michael Paulk, CEO at 918-481-1440 or Steven P.
Ensz, CFO at 281-367-5588.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
This Press Release may contain statements which constitute
forward-looking statements within the meaning of the US Private Securities
Litigation Reform Act of 1995, including statements regarding the plans,
intentions, beliefs and current expectations of ANEC, its directors, or its
officers with respect to the future business, well drilling and operating
activities and performance of ANEC. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and
involve risks and uncertainties. The actual results and outcome of events may
differ materially from those in the forward-looking statements as a result of
various factors. The levels of and fluctuations in the prices for natural gas
and oil and the demand for those commodities, the outcome of ANEC's
development and exploration activities, including the success of its current
and proposed well drilling activities and the availability of capital to
pursue those activities could affect ANEC and its future prospects. ANEC's
inability to raise additional capital would adversely affect its ability to
pursue its drilling program and its liquidity. Important additional factors
that could cause such differences are described in ANEC's periodic reports and
other filings made with the Securities and Exchange Commission and may be
viewed at the Commission's Website at http://www.sec.gov.
For further information:
For further information: Michael Paulk, CEO, +1-918-481-1440, or Steven
P. Ensz, CFO, +1-281-367-5588, both of American Natural Energy Corporation Web