Ceiba Energy Services Inc. Announces Appointment of CFO and Corporate Secretary

CALGARY, ALBERTA--(Marketwired - June 26, 2014) -

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Ceiba Energy Services Inc. ("Ceiba", or the "Company"), (TSX VENTURE:CEB) is pleased to announce the appointment of Mr. Peter Cheung as Chief Financial Officer and Corporate Secretary effective June 30, 2014.

Mr. Cheung is a Chartered Accountant with nearly 20 years of accounting, capital markets, strategic transactions and treasury experience in public and private companies. Most recently, Mr. Cheung was the Vice President Finance and Chief Financial Officer at Petrobank Energy and Resources Ltd. Previously he was Treasurer at Compton Petroleum Corporation, after having founded an investment management company, was Vice President and Treasurer at Pengrowth Energy Trust and Vice President at RBC Capital Markets Energy Investment Banking. Prior to joining RBC Capital Markets, Mr. Cheung articled and received his CA designation at Collins Barrow Calgary LLP. Mr. Cheung graduated from the University of Calgary with a Bachelor of Commerce with Distinction.

About Ceiba Energy

Ceiba provides specialized services to the energy sector, specifically to companies involved in the exploration, extraction and production of oil and natural gas in under serviced market space throughout 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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