Canada Energy Partners Closes Montney Sale

Canada Energy Partners Inc. (the "Company") (TSX VENTURE:CE) is pleased to
announce that it has closed the sale of the Company's Montney rights for
$15,720,000.


CIBC World Markets Inc. acted as financial advisor to the Company with respect
to the transaction.


The Company will issue a press release in the near future regarding the
distribution to shareholders with details of the timing, the effective date, and
final distribution amount.


On behalf of the Board of Directors of 

Canada Energy Partners Inc.

John Proust, Chairman

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.


Forward Looking Statements: This press release contains forward looking
statements relating to expected or anticipated future events and operations,
number of wells to be drilled, timing of projects and anticipated results that
are forward looking in nature and, as a result, are subject to certain risks and
uncertainties, such as general economic, market and business conditions, the
regulatory process and actions, technical issues, new legislation, competitive
and general economic factors and conditions, the uncertainties resulting from
potential delays or changes in plans, the occurrence of unexpected events, and
the companies' capability to execute and implement future plans. Actual results
achieved may vary from the information provided herein as a result of numerous
known and unknown risks and uncertainties and other factors. There is no
representation by the companies that actual results achieved during the forecast
period will be the same in whole or in part as that forecast.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canada Energy Partners Inc.
John Proust
Chairman
Direct Phone: [phone]
[e-mail]


Canada Energy Partners Inc.
Ben Jones
President and CEO
Direct Phone: [phone]
[e-mail]


Canada Energy Partners Inc.
1680-200 Burrard St.
Vancouver, BC V6C 3L6
Main Phone: [phone]
[phone] (FAX)
www.canadaenergypartners.com