Mr. David Tawil reports

CENTAURUS ENERGY ANNOUNCES APPOINTMENT OF INTERIM CFO

Centaurus Energy Inc. has appointed Jeffrey Borack as interim chief financial officer.

Mr. Borack has more than 13 years of experience in finance, strategy and operations. He previously served as founder and chief executive officer of Angels' Cup Coffee. After six years of leading the team and expanding the business by more than 30 per cent per year, he effectuated the sale of the business. Prior to his time at Angels' Cup, he held roles as an investment analyst and portfolio manager with New York-based investment partnerships Kerrisdale Capital and Marathon Partners. There, he gained experience with generally accepted accounting principle accounting, financial analysis and business modelling, and he was able to develop strong relationships with company management, investor relations, and other members of the buy-side and sell-side communities. He received both an MBA and a BS in bioengineering from the State University of New York at Binghamton.

David Tawil, Centaurus's chief executive officer, commented: "Jeff has a proven track record of success in finance and in operations. As CEO of Angels' Cup, Jeff was ultimately responsible for product design, Web design, software development, marketing, legal, financial, contract negotiations, sourcing and tax reporting. The quality of his execution led to strong growth and the eventual sale of the business. We look forward to benefiting from Jeff's broad expertise and welcome him to the team."

Mr. Borack added: "I am excited to step into the role of interim CFO at Centaurus. With a solid balance sheet and fundamentals, I look forward to returning value to shareholders."

About Centaurus Energy Inc.

Centaurus is an independent upstream oil and gas company. The company's shares trade on the TSX Venture Exchange under the symbol CTA and on the OTC Pink Market under the symbol CTARF.

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