Canadian Superior Now Largest Acreage Holder Offshore Nova Scotia

Canadian Superior Energy says that its offshore Nova Scotia exploration acreage holdings have increased to 2.59 million net acres with the addition of the EL2412 and EL2413 deepwater blocks previously held by Richland Minerals, Inc. of Southern California. These two blocks have been named the "Falcon" and "Osprey" Blocks, and are EL2412 and EL2413, respectively, and complement Canadian Superior's "Mayflower" (EL2406), "Marauder" (EL2415), "Marconi" (EL2416), "Mariner" (EL2409) and "Marquis" (EL2402) exploration blocks. This now results in Canadian Superior becoming the largest exploration acreage holder offshore Nova Scotia.

Canadian Superior as the largest exploration acreage holder offshore Nova Scotia is planning further drilling on its "Mariner" (EL2409) Block near Sable Island later this year. Canadian Superior's Chairman, Greg Noval, said, "The new acquisitions also complement Canadian Superior's deepwater holding and as a result of this they should also inspire further deepwater drilling offshore Nova Scotia."

Canadian Superior is a Calgary, Alberta, Canada based oil and gas exploration and production company with operations in Western Canada, Offshore Trinidad and Tobago and Offshore Nova Scotia.

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