Option payment received for sale of the Basin Coal Mine



    TSX-V TRADING SYMBOL: CEC

    VANCOUVER, Feb. 12 /CNW/ - Compliance Energy Corporation (the "Company")
announces that further to the Company's announcements on August 7, and
December 18, 2008 regarding an option to NWPC Pty Ltd ("NWPC") for the
purchase of 100% of the Company's interest in the Basin Coal Mine located near
Princeton BC, for consideration of cash and shares totaling $8.25 million, the
Company has now received the February 2009 option payment of $1,000,000 and
7,407,408 shares in Jameson Resources Limited ("JAL"). The shares are listed
on the Australian Exchange under the symbol of JAL and are subject a one year
escrow provision.

    
    The following payments remain due under the terms of the option agreement:

    a)  An option exercise payment of $3,100,000 in cash plus closing
        adjustments and 7,407,408 shares in JAL on or before May 31, 2010 at
        which time the Company's interest in the mining agreement would
        transfer.
    b)  7,407,408 shares in JAL on or before the earlier of commencement of
        coal production and May 31, 2012.
    

    Completion of the transaction contemplated by this Agreement will allow
the company to focus its activities on the Raven and Bear coal deposits on
Vancouver Island as announced in the Company's news release dated December 1,
2008.
    Compliance Energy Corporation's shares trade on the TSX Venture Exchange
under the symbol CEC and investor information is available on the Company's
web page at www.complianceenergy.com.

    
    On behalf of the Board of
    COMPLIANCE ENERGY CORPORATION

    John Tapics
    Chief Executive Officer
    

    The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Note: This
release contains forward-looking statements that involve risks and
uncertainties. These statements may differ materially from actual future
events or results. Readers are referred to the documents, filed by the Company
on SEDAR at www.sedar.com, specifically the most recent reports which identify
important risk factors that could cause actual results to differ from those
contained in the forward-looking statements. The Company undertakes no
obligation to review or confirm analysts' expectations or estimates or to
release publicly any revisions to any forward-looking statements.





For further information:

For further information: Rod Shier, CFO at (604) 689-0489

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Compliance Energy Corporation

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