COLONIA ENERGY CORP.
TSX VENTURE : CLA

COLONIA ENERGY CORP.

February 20, 2008 18:54 ET

Colonia Energy Corp. Announces Option Grants

CALGARY, ALBERTA--(Marketwire - Feb. 20, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

Colonia Energy Corp. (the "Corporation") (TSX VENTURE:CLA) has granted 1,050,000 options to purchase common shares to directors, officers and employees of the Corporation at a price of $0.105 per share in accordance with the Corporation's stock option plan. The options are granted effective today and are exercisable for a period of 5 years. Of the 1,050,000 options granted, a total of 900,000 options were granted to directors and officers of the Corporation.

Additional information on Colonia Energy Corp. may be viewed on SEDAR at www.sedar.com or visit our website at www.coloniaenergy.ca.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

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