Contact Exploration Inc.
TSX VENTURE : CEX

Contact Exploration Inc.

November 27, 2013 20:52 ET

Contact Announces Interim Filings and Land Acquisitions

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2013) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that it has today filed its condensed interim consolidated financial statements for the three and six month periods ended September 30, 2013 and the related management's discussion and analysis on the Company's profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com.

Contact also announces that it has now acquired 66 sections at 100% working interest in the West Kakwa, Chime and Pinto areas in the Deep Basin of Alberta, through participation in various Crown land sales. The Company paid an average of $97 per hectare for these lands. Contact now holds 85 gross (70.5 net) sections in Alberta, including the acquired lands at Kakwa, Chime and Pinto. Within these 85 sections, Contact holds Montney rights in 79 gross (64.5 net) sections and various shallow rights in 37 gross (37 net) sections. Contact is the operator of all but 2 gross (0.5 net) of the Company's 85 gross sections.

About Contact Exploration Inc.

Contact Exploration Inc. is a public oil and gas company which has a long-term history of operating in Atlantic Canada and has recently demonstrated success in Alberta's liquids-rich Montney Formation tight gas play. For more information, please see the Company's website: www.contactexp.com

Neither 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 accuracy of this release.

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