CORPORATE OVERVIEW

With the October 21, 2008 sale of its wholly-owned subsidiary, COSTA Resources Ltd, which held all of the Company’s oil and gas assets, COSTA Energy Inc. has no operating assets.  As a result, the Company was transferred from the TSX-Venture Exchange (“TSX-V”) to NEX, which is a separate board maintained by the TSX-V for the listing of companies which do not meet the minimum TSX-V tier maintenance requirements.

COSTA has begun the process of identifying suitable acquisition targets.”

CORPORATE DOCUMENTS

September 30, 2008
COSTA Energy Inc. 2007 Form of Proxy

September 30, 2008
COSTA Energy Inc. 2007 Notice of Annual General Meeting

September 30, 2008
COSTA Energy Inc. 2007 Request Form

September 30, 2008
COSTA Energy Inc. 2007 Information Circular

September 26, 2008
Material Change Report - Sale of Costa Resources Ltd.

September 18, 2008
Share Purchase and Sale Agreement between COSTA Energy Inc. and Cumberland Oil and Gas Limited

April 30, 2008
Form 51-101F3: Report of Management and Directors on Reserves Data and Other Information

April 30, 2008
Form 51-101F2: Report on Reserves Data by an Independent Qualified Reserves Evaluator of COSTA Energy Inc.

April 30, 2008
Form 51-101F1: Statement of Reserves Data and Other Oil and Gas Information

April 18, 2007
Form 51-101F3: Report of Management and Directors on Reserves Data and Other Information

April 13, 2007
Form 51-101F1: Statement of Reserves Data and Other Oil and Gas Information

March 23, 2007
Form 51-101F2: Report on Reserves Data by an Independent Qualified Reserves Evaluator of COSTA Energy Inc.

October 12, 2006
FORM 51-101F3: COSTA Resources Ltd. Report of Management and Directors on Reserves Data and Other Information

October 12, 2006
FORM 51-101F3: Kelso Energy Inc. Report of Management and Directors on Reserves Data and Other Information

September 26, 2006
Form 51-101F1: Statement of Reserves Data and Other Oil and Gas Information for COSTA Resources Ltd.

September 26, 2006
Form 51-101F1: Statement of Reserves Data and Other Oil and Gas Information for Kelso Energy Inc.

May 23, 2006
COSTA Energy Inc. (formerly Kelso Energy Inc.) and COSTA Resources Ltd. - Notice of Change in Corporate Structure

May 2, 2006
Form 51-101F2: Report on Reserves Data by an Independent Qualified Reserves Evaluator of Kelso Energy Inc.

March 1, 2006
Business Acquisition Report

February 2, 2006
Form 51-101F2: Report on Reserves Data by an Independent Qualified Reserves Evaluator of COSTA Resources Ltd.