CIC reports financial results for the three months ended February 28, 2007

    ROAD TOWN, TORTOLA, British Virgin Islands, April 13 /CNW/ - CIC Energy
Corp. ("CIC" or the "Company")(TSX:ELC, BSE: CIC Energy) reported a loss for
the three month period ended February 28, 2007 of $1,023,738 or $0.02 per
share (basic and diluted).
    The loss for the three month period is attributable to non-capitalized
exploration expenditures, administration and personnel costs as well as the
cost of a bought deal private placement, the completion of which was announced
by the Company on February 23, 2007.
    Capitalized exploration costs amount to $53,960,952, with exploration
costs for the three month period totaling $5,857,645.
    Consolidated Interim Financial Statements for the three months ending
February 28, 2007, along with Management's Discussion and Analysis, have been
filed on SEDAR and are available at

    %SEDAR: 00023467E

For further information:

For further information: on CIC and its projects visit the Company's
website at or contact: Erica Belling, CFA, P.Eng., VP
Investor Relations, Tau Capital Corp., Tel: (416) 361-9636 x 243, Email:

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