Coastal Energy named as part of 2010 TSX Venture 50
08 February 2010
US oil and gas group Coastal Energy has won a place on the TSX Venture 50, a ranking of strong performers listed on the TSX Venture Exchange in Canada.
TSX Venture 50 comprises ten emerging companies in five industry sectors that have been identified as leaders in Canada's public venture market.
Randy Bartley, Coastal’s president and chief executive, said: “It is an honour to be named as part of this year's TSX Venture 50. Our listing on the TSX Venture Exchange has provided us with the ideal environment to meet our growth goals and objectives.”
The 2010 TSX Venture 50 were selected based on four equally weighted criteria that include return on investment, trading, analyst coverage and market capitalisation growth in cleantech, diversified industries, mining, oil & gas and technology and life sciences sectors.
Coastal also has a quotation on AIM.
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