Canadian Superior Posts Record 2003 Operating Results.

Business WireMay 19, 2004

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Canadian Superior Posts Record 2003 Operating Results.

Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--May 19, 2004

Canadian Superior Posts Record 2003 Operating Results Revenues (Up 308%), Production (Up 170%), Cash Flow (Up 1,507%) - Company Poised For More Drilling Planned On "Mariner" Play Offshore Nova Scotia And Drilling In Western Canada And Offshore Trinidad And Tobago

Canadian Superior Energy Inc. ("Canadian Superior") (AMEX:SNG)(TSX:SNG) of Calgary, Alberta announced today its 2003 year end operating results including record revenues, record production and record cash flow. The following is exerts from the "Message To Shareholders" in Canadian Superior's 2003 Annual Report which can be reviewed in it's entirety on Canadian Superior's website www.cansup.com by following the "FINANCIAL STATEMENTS" link button near the top left of our home page.

This news release contains forward-looking information on future production, project start-ups and future capital spending. Actual results could differ materially due to changes in project schedules, operating performance, demand for oil and gas, commercial negotiations or other technical and economic factors.

Statements contained in this news release relating to future results, events and expectations ar...

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