Canada Energy Partners Inc. (the "Company") (TSX VENTURE:CE) held its special
meeting of shareholders (the "Meeting") on July 29, 2014. The Company reports
that the shareholders of the Company approved the sale of the Company's
interests in certain Montney Shale lands and wells for gross proceeds to the
Company of $15,720,000, subject to adjustment, and the distribution to
shareholders of up to $12,204,000 of the net proceeds of the sale, as more
particularly described in the Company's previous press releases dated April 1,
2014 and June 26, 2014, and the management information circular dated June 25,
2014 in respect of the Meeting. The Company anticipates that closing of the sale
transaction will occur on or about Thursday, July 31, 2014, following which the
Company will issue a press release with further details regarding the
distribution, including the record date and the amount of the distribution. 


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, including the
completion of the above-noted sale transaction and distribution, that are
forward looking in nature and, as a result, are subject to certain risks and
uncertainties, such as risks relating to the fulfillment of conditions precedent
to the closing of the sale transaction. Actual results achieved may vary from
the information provided herein as a result of numerous known and unknown risks
and uncertainties and other factors. Any forward-looking statement speaks only
as of the date on which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events
or results or otherwise. Forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements
due to the inherent uncertainty therein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canada Energy Partners Inc.
John Proust
Chairman
Direct Phone: (604) 696-9020
info@canadaenergypartners.com


Canada Energy Partners Inc.
Ben Jones
President and CEO
Direct Phone: (225) 388-9900
info@canadaenergypartners.com


Canada Energy Partners Inc.
1680-200 Burrard St.
Vancouver, BC V6C 3L6
Main Phone: (604) 909-1154
Facsimile: (604) 488-0319
www.canadaenergypartners.com
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