Received by email:

File: 2014 11 27 Press Release 2014 Q3 Results.pdf

SANTA MARIA PETROLEUM INC. ANNOUNCES THIRD QUARTER 2014 RESULTS

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

Calgary, Alberta (November 27, 2014) Santa Maria Petroleum Inc. (formerly Quetzal Energy Ltd.)
(TSX VENTURE: SMQ) today announces its unaudited results for the nine months ended September
30, 2014. Copies of the Company's unaudited interim condensed consolidated financial
statements and related Management's Discussion and Analysis ("MD&A") are being filed with
Canadian securities regulatory authorities and will be made available under the Company's profile
at www.sedar.com. All dollar figures are expressed in United States dollars unless other stated.

During the year ended December 31, 2013, the Company sold or withdrew from three of its
working interests in Colombia and on January 31, 2014 it sold substantially all of its remaining
assets and liabilities. As a result, it does not have an operating business as of the date of this
MD&A.
The common shares of the Company traded on the TSX Venture Exchange under the symbol
"SMQ" until February 5, 2014 when its listing was transferred to the NEX board of the TSXV under
the symbol SMQ.H. The address of the registered office is c/o Torys, Suite 4600, Eighth Avenue
Place East, 525 - 8th Avenue S.W., Calgary, Alberta, T2P 1G1, Canada.


For additional information, please contact Lisa-Marie Iannitelli, Investor Relations at (416) 362-
4441.

Forward Looking Statements � Certain information set forth in this news release may contain
forward-looking statements that involve substantial known and unknown risks and uncertainties.
These forward-looking statements are subject to numerous risks and uncertainties, certain of which
are beyond the control of Santa Maria Petroleum Inc., including, but not limited to the impact of
general economic conditions, industry conditions, volatility of commodity prices, risks associated
with oil and gas activities, currency fluctuations, dependence upon regulatory approvals, the
availability of future financing and exploration risk. Readers are cautioned that the assumptions
used in the preparation of such information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance should not be placed on
forward-looking statements.

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.

www.smpetroleum.com