Canada Energy Partners Announces Results of AGM Matters

VANCOUVER, BRITISH COLUMBIA, Oct 29 (MARKET WIRE) --
Canada Energy Partners Inc. ("Canada Energy" or the "Company") (TSX
VENTURE: CE) is pleased to announce that, in conjunction with the holding
of the Company's annual and special general meeting of shareholders on
October 28, 2009 (the "AGM"), the following matters were ratified by the
Company's shareholders and have now been implemented by the Board of
Directors in the following manner:

- Messrs. Benjamin Jones, John Proust, Kyle R. Burnett, John R. Howard
Jr., and Pat S. Bolin were elected to the Board of Directors of the
Company;

- the following Executive Officers of the Company were appointed by the
Board of Directors immediately following the AGM:

John Proust: Chairman;

Benjamin Jones: President and Chief Executive Officer;

Eduard Epshtein: Chief Financial Officer; and

Eileen Au: Corporate Secretary; and

- the Company's shareholders ratified the Company's Stock Option Plan
(the "Plan") to grant up to 10% of the number of shares outstanding from
time to time as previously filed with the TSX Venture Exchange.

On behalf of the Board of Directors of Canada Energy Partners Inc.

John Proust, Director

The TSX Venture Exchange has in no way passed
upon the merits of the proposed transaction and has neither approved or
disapproved of the contents of this press release. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as such term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Canada Energy Partners Inc.
John Proust
Chairman
Direct Phone: (604) 696-9020

Canada Energy Partners Inc.
Ben Jones
Chief Executive Officer
Direct Phone: (225) 928-9980
info@canadaenergypartners.com
www.canadaenergypartners.com

Canada Energy Partners Inc.
1500 - 885 West Georgia St.
Vancouver, BC V6C 3E8
Main Phone: (604) 909-1154
Fax: (604) 488-0319

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