Azabache Announces Repayment of Convertible Loan in Shares

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES.


Azabache Energy Inc. ("Azabache" or the "Company") (TSX VENTURE:AZA) is pleased
to announce that pursuant to the terms of the previously announced debt offering
on May 15, 2013, it has repaid in full, the principal amount under its
convertible loan (the "Loan") of $350,000 through the issuance of an aggregate
of 2,058,823 common shares of the Company (the "Common Shares") at a deemed
price of $0.17 per Common Share. The interest under the Loan shall be repaid to
the lender in cash. The Common Shares are subject to a hold period from trading
until November 18, 2014. 


For further information on Azabache please visit the Company's website at
www.azaenergy.com.


Neither the TSX Venture Exchange nor its regulation services provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in any state in
which such offer, solicitation or sale would be unlawful. The securities have
not been registered under the United States Securities Act of 1933, as amended,
and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Azabache Energy Inc.
Claudio Larotonda
President & CEO
+54.11.4893.4004
[e-mail]


Azabache Energy Inc.
Marc Bouchard
CFO
+647.409.4088
[e-mail]
www.azaenergy.com