Canadian Superior to Monetize Interest in "Intrepid" Block 5(c) and Discoveries in Trinidad

CALGARY, ALBERTA--(Marketwire - Feb. 10, 2009) - Canadian Superior Energy Inc. ("Canadian Superior", the "Company") (TSX:SNG) (NYSE Alternext US:SNG) announced today that it proposes to monetize a 25% or larger interest in its "Intrepid" Block 5(c) offshore Trinidad and Tobago and its related discoveries, subject to acceptable terms and conditions, and subject to all required approvals. Canadian Superior is in the process of retaining a financial advisor to assist in the sale of the asset.

The "Intrepid" Block 5(c) is located approximately 60 miles off the east coast of Trinidad in the Columbus Basin and covers 80,041 gross acres. In 2008, Canadian Superior and its Joint Venture partners, BG International Limited, a wholly owned subsidiary of the BG Group plc and Challenger Energy Corp. announced two separate natural gas discoveries on the "Intrepid" Block 5(c); in the "Victory" well and in the "Bounty" well. Production test rates have been previously reported. The 3rd well, "Endeavour", has also discovered natural gas and final detailed results for the "Endeavour" well will be publicly released in due course.

Canadian Superior Energy Inc. is a Calgary, Alberta, Canada based diversified global energy company engaged in the exploration and production of oil and natural gas, and liquefied natural gas ("LNG") projects, with operations offshore Trinidad and Tobago, offshore Nova Scotia, Canada, in Western Canada, in the United States and in North Africa. See Canadian Superior's website at www.cansup.com to review Canadian Superior's operations in Western Canada, offshore Trinidad and Tobago, Offshore Nova Scotia interests, in the USA and its North Africa interests. Canadian Superior has approximately 20,000 shareholders worldwide, including some of the top institutional shareholders in North America.