Coastal Energy Company operates in the Crude petroleum and natural gas sector. Coastal Energy Company (Coastal) is engaged in the acquisition, exploration and development of oil and gas properties in the Gulf of Thailand. It is also involved in the acquisition, exploration and development of onshore petroleum properties in Thailand. As of December 31, 2010, the onshore Thailand operations were owned through the Company's 36.1% interest in Apico LLC (Apico). Its Gulf of Thailand assets include 100% interest in Block G5/43 and Block G5/50 (within the boundaries of Block G5/43). The combined area of the Blocks is approximately 5,021 square kilometers and average water depths are approximately 50 to 100 feet. Block G5/50 contains approximately 554 square kilometers of acreage within the boundaries of Block G5/43. Its Onshore Thailand assets include a 12.6% interest in Blocks EU-1 and E-5N containing the Sinphuhorm gas field, and a 36.1% interest each in Block L15/43 (surrounding the Sinphuhorm gas field) and Block L27/43 (southeast of the Sinphuhorm gas field). In
our complete report available for purchase the company is compared to: Galleon Energy Inc., PetroQuest Energy, Inc. and Legacy Oil + Gas Inc.