Ceiba Energy Services Inc.

TSX VENTURE : CEB


Ceiba Energy Services Inc.

December 10, 2013 08:00 ET

Ceiba Energy Services Inc. Announces the Sale of Alameda Disposal Well

CALGARY, ALBERTA--(Marketwired - Dec. 10, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Ceiba Energy Services Inc. ("Ceiba Energy", or the "Company") (TSX VENTURE:CEB), is pleased to announce it has closed on the sale of its Alameda disposal well in Saskatchewan for gross proceeds of $500,000, of which $250,000 will be utilized to pay down the existing mezzanine debt. The well was not generating revenue for the Company and not considered core to Ceiba's strategic plan.

About Ceiba Energy

Ceiba Energy 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 Energy 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.

Reader Advisory

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.

Ceiba Energy Services Inc.

ON BEHALF OF THE BOARD OF DIRECTORS,

Ian Simister, President

Please visit Ceiba Energy's website at: www.ceibaenergy.com

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