CALGARY, ALBERTA--(Marketwire - Feb. 17, 2009) - Canadian Superior Energy Inc. ("Canadian Superior", the "Company") (TSX:SNG)(NYSE Alternext US:SNG) advises that it has received a demand letter from the Canadian Western Bank ("Bank") for repayment of all amounts outstanding under Canadian Superior's $45 million credit facility with the Bank by February 23, 2009. Canadian Superior is in discussions with the Bank to extend the time for repayment in order to provide for the orderly and timely repayment of the full credit facility to take advantage of approximately $9 million of Western Canada minor asset sales scheduled for closing, $9 million of tax refunds due to the Company, some of the proceeds of the recently announced major asset sale of interests in Trinidad and receipt of receivables. The Company is also in discussions with alternative lenders.

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