Dec 5, 2006 Project operator drills five wells and fracture stimulates three wells Peace River CBM Project (shallow rights) The Operator of the Peace River CBM Project is Hudson's Hope Gas Ltd. Five (5) new wells have been drilled on the Project in the third and fourth quarters.

Nov 20, 2006 Canada Energy Partners Inc. closes initial public offering trading to commence on TSX Venture Exchange Vancouver ndash; Canada Energy Partners Inc is pleased to announce the closing of the initial public offering on November 17, 2006, pursuant to the final prospectus of the Corporation dated October 30, 2006.