CANADA ENERGY PARTNERS ANNOUNCES RESULTS OF AGM MATTERS

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”

John Proust

Director

CANADA ENERGY PARTNERS INC.

1500 – 885 West Georgia St.
Vancouver, BC     V6C 3E8
Main Phone: (604) 909-1154
Facsimile: (604) 488-0319

Attention: John Proust, Chairman
Email: info@canadaenergypartners.com

Direct Phone:  (604) 696-9020

Attention: Ben Jones, Chief Executive Officer
Email: info@canadaenergypartners.com

Direct Phone:  (225) 928-9980

www.canadaenergypartners.com

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.