Canadian Superior Energy Inc. (Canadian Superior), incorporated in March 21, 1983, is engaged in the exploration for, and acquisition, development and production of petroleum and natural gas, and Liquified Natural Gas (LNG) projects, with operations in Western Canada, offshore Nova Scotia, offshore Trinidad and Tobago, the United States and North Africa. On March26, 2008, the Company completed the acquisition of Seeker Petroleum Ltd. (Seeker). In September 2009, Canadian Superior Energy Inc. announced that it has completed its financial restructuring and has emerged from protection under the Companies' Creditors Arrangement Act, which resulted in the acquisition of Challenger Energy Corp., and the sale of a 45% interest in Block 5(c) in Trinidad and Tobago to BG International Limited.