Coastal Energy Announces Insider Transaction



    
    /THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR
    THROUGH UNITED STATES NEWSWIRE SERVICES/

    AIM: CEO
    TSX-V: CEN
    

    HOUSTON, Sept. 9 /CNW/ - Coastal Energy Company (the "Company" or
"Coastal") (TSX-V: CEN, AIM: CEO), an independent exploration and production
company with assets in Thailand, announces that it was notified today of the
following purchase of ordinary shares in the Company:

    
                               Shares     Date(s) of                 Shares
    Directors       Title     Purchased    Purchase        Price      Owned
    -------------------------------------------------------------------------
    Bernard de   Chairman of    77,559    Sep 4, 2009   CAD 3.7992   244,159
     Combret      the Board
    All other
     directors                       0                               142,500
    -------------------------------------------------------------------------
    Total all
     directors                  77,559                               386,659
    

    As of today, Mr. de Combret's holdings represent 0.25% of the total
common stock issued and outstanding of 99,380,720 shares.

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

    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.
    





For further information:

For further information: Enquiries: Coastal Energy Company, Randy L.
Bartley, Chief Executive Officer, (713) 877-6705; William C. Phelps, Chief
Financial Officer, (713) 877-6727, Email: investor@CoastalEnergy.com; Strand
Partners Limited (Nominated Adviser), Rory Murphy, +44 (0) 20 7409 3494;
Thomas Weisel Partners (Broker), Paul Colucci, +44 (0) 20 7877 4300; Macquarie
Capital (Europe) Limited (Broker), Majid Shafiq, +44 (0) 20 7355 5800;
Buchanan Communications, Tim Thompson, Catherine Breen, Katharine Sutton, +44
(0) 20 7466 5000

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COASTAL ENERGY COMPANY

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