Mr. Paul Clarke reports

CANCAMBRIA ENERGY ANNOUNCES STOCK OPTION GRANT

Cancambria Energy Corp. has granted stock options to purchase up to 2.5 million common shares of the company to certain directors, officers and consultants of the company, pursuant to the company's stock option plan. The options are exercisable for a period of five years from the date of grant at a price of 50 cents per share. The options will vest in equal tranches of 25 per cent every six months following their grant date. The options are subject to the terms and conditions of the company's omnibus stock option plan and the policies of the TSX Venture Exchange.

About Cancambria Energy Corp.

Cancambria Energy is a Canadian-based exploration and production company specializing in tight gas development. With a globally experienced leadership team, Cancambria focuses on high-quality, derisked projects with direct access to profitable markets. Leveraging the industry's most advanced technologies, the company aims to commercialize its flagship asset, the 100-per-cent-owned Kiskunhalas project in southern Hungary, a significant gas-condensate resource in the heart of Europe.

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