CALGARY, Jan. 8, 2013 /CNW/ - Carmen Energy Inc. (TSXV: CEI) ("Carmen" or the "Corporation") announces that it has quitclaimed its entire interest in and to its Hamburg 14-34-097-11 W6M well (the "Well") and related tangibles and miscellaneous interests to Petrus Resources
Ltd. ("Petrus") in exchange for Petrus canceling outstanding debts payable by Carmen
and related to the drilling of the Well.
In addition and pursuant to the quitclaim, Carmen relinquished its
entire interest in and to the Seismic and Drilling Option Agreement
dated February 17, 2011, as amended, to Petrus and the participation
agreement between Carmen and Petrus was terminated as of the date of
About Carmen Energy Inc.: Carmen is based in Calgary, Alberta and a publicly traded oil and gas
exploration and production company. The focus is on exploration and
development of Western Canadian Sedimentary Basin based oil and gas
properties. The current projects are the Jumpbush properties in south
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accepts responsibility for the adequacy or accuracy of this press
SOURCE: Carmen Energy Inc.
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