Ceiba Energy Services Inc.
TSX VENTURE : CEB

Ceiba Energy Services Inc.

December 02, 2014 08:30 ET

Ceiba Energy Services Announces Stock Option Grant

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - Ceiba Energy Services Inc. ("Ceiba" or the "Company") (TSX VENTURE:CEB) has granted a total of 500,000 stock options to an officer of the Company at an exercise price of $0.60.

The stock options have been granted pursuant to Ceiba's 10% rolling stock option plan and will expire five years from the date of grant. All of the stock options vest as to one third thereof starting at the date of grant and at the next two anniversaries of the date of grant. Subsequent to this stock option grant, Ceiba will have a total of 7,498,333 stock options outstanding.

About Ceiba Energy Services Inc.

Ceiba provides specialized services to the energy sector, specifically to companies involved in the exploration, extraction and production of oil and natural gas in Western Canada. Ceiba develops and constructs facilities in proximity to its customers to provide treatment of crude oil emulsion, terminalling, storage and marketing of oil and disposal of production water.

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Contact Information

  • Ceiba Energy Services Inc.
    Ian Simister
    President
    403-262-2783

    Ceiba Energy Services Inc.
    Peter Cheung
    CFO and Corporate Secretary
    403-262-2783