Additional tax information for former shareholders of C&C Energia Ltd.

TORONTO, Jan. 10, 2013 /CNW/ - C&C Energia Ltd. (C&C Energia) advises former shareholders of C&C Energia that additional tax information related to the Plan of Arrangement  (Arrangement) under which the common shares of C&C Energia were acquired by Pacific Rubiales Energy Corp. (Pacific Rubiales) is available on C&C Energia's website at www.ccenergialtd.com and on Pacific Rubiales' website at www.pacificrubiales.com.

There are certain Canadian federal income tax consequences of the Arrangement that are summarized in the information circular of C&C Energia dated November 30, 2012, as available on SEDAR at www.sedar.com  Please refer to that summary for detailed information.

SOURCE: C&C Energia Ltd.

For further information:

Christopher (Chris) LeGallais
Senior Vice President, Investor Relations
+1 (647) 295-3700