Loan Extension to March 12CALGARY, ALBERTA--(MARKET WIRE)--Mar 2, 2009 -- Canadian Superior Energy Inc. ("Canadian Superior", the "Company") (Toronto:SNG.TO - News) (AMEX:SNG - News) is pleased to advise that Canadian Superior and the Canadian Western Bank ("Bank") have reached an accommodation whereby the demand for repayment of all amounts outstanding under Canadian Superior's $37.5 million credit facility with the Bank by February 27, 2009 has been extended to March 12, 2009. The credit facility was recently reduced with a payment of approximately $9 million made to the Bank by the Company. Negotiations are continuing between the parties.