Filed by Canadian Superior Energy Inc.
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: Canada Southern Petroleum Ltd.
Commission File No.: 333-135127
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For Immediate Release
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June 19, 2006 |
CANADIAN SUPERIOR LAUNCHES AND MAILS
TAKEOVER BID FOR CANADA SOUTHERN PETROLEUM LTD.
CALGARY, ALBERTA (CCNMatthews) Canadian Superior Energy Inc. (Canadian Superior) (TSX:SNG)
(AMEX:SNG) announced today that its takeover bid for any and all of the issued and outstanding
common shares of Canada Southern Petroleum Ltd. (Canada Southern) (NASDAQ:CSPLF/TSX:CSW) was
mailed by Canadian Superior to all the shareholders of Canada Southern on Monday, June 19, 2006.
Canadian Superiors Chairman and Chief Executive Officer said today, We believe our offer provides
Canada Southerns shareholders advantages and upside not available to them in an all cash bid. We
also believe our bid offers Canada Southern and Canadian Superior shareholders both immediate and
long term upside.
This press release may be deemed to be solicitation material in respect of Canadian Superiors
proposed tender offer for the outstanding common shares of Canada Southern. On June 19, 2006,
Canadian Superior filed the following documents with the United States Securities and Exchange
Commission (SEC) in connection with its offer to purchase all of the outstanding common shares of
Canada Southern: (1) a Registration Statement on Form F-10 (containing an offer to purchase and a
take-over bid circular); and (2) a tender offer statement on Schedule T-O.
Investors and shareholders are urged to read the Registration Statement, the Schedule T-O and any
other relevant documents that have been filed or that will be filed with the SEC. These documents
are available without charge on the SECs website at www.sec.gov and may be obtained from the SEC
by telephoning 1-800-SEC-0330. Free copies of these documents may also be obtained by directing a
request to Canadian Superior at the address or telephone number below, attention Corporate
Secretary.
FOR FURTHER INFORMATION RELATED TO CANADIAN SUPERIOR ENERGY INC. AND/OR THIS NEWS RELEASE, PLEASE
CONTACT:
Canadian Superior Energy Inc.
Suite 3000, 400 3rd Avenue SW
Calgary, Alberta T2P 4H2
Richard Watkins, Director
Phone: (403) 294-1411
Fax: (403) 216-2374
www.cansup.com