Mr. Serafino Iacono reports

CRUZSUR ANNOUNCES RE-ENTRY IN THE ARUCHARA WELL LOCATED IN THE MARIA CONCHITA BLOCK

Cruzsur Energy Corp. intends to re-enter the Aruchara well, located in the Maria Conchita block located in the region of La Guajira in northern Colombia, in order to develop short tests to prove the existence of natural gas in the well.

In connection with the project, the company has arranged a two-year secured loan bearing interest at 15 per cent per annum in the amount of $1.6-million (U.S.) with various related parties. The lenders have been granted a 2.5-per-cent royalty derived from production of the Maria Conchita block and have an option to convert the debt into another 2.5-per-cent overriding royalty from the block.

About Cruzsur Energy Corp.

Cruzsur Energy is focused on proven oil and gas plays in Latin America.

We seek Safe Harbor.