Azabache Energy Inc. Announces Vaca Muerta Well Fracture Stimulation Commences

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


Azabache Energy Inc. (TSX VENTURE:AZA) ("Azabache" or the "Company") announces
that it has commenced a fracture stimulation of its Cvo.x-2 well on the Covunco
Norte-Sur Block in Argentina. This completion operation will involve eight
clusters of perforations in three stages with the Vaca Muerta Shale Formation
planned to be stimulated by a total of 12,357 sacks (561 tonnes) of proppant.
Schlumberger (Argentina) planned and will perform the fracture stimulation. The
stimulation operation is expected to last a total of three days followed by a
ten day test period. 


This stimulation satisfies remaining commitments under the Company's Covunco
Norte-Sur Block license and is aimed at proving a sufficient hydrocarbons flow
from the Vaca Muerta Shale Formation to request an extended evaluation period
from the Province of Neuquen. In addition, it is expected to provide valuable
information to improve production techniques for the Vaca Muerta in a relatively
new region of the Neuquen Basin.


It should be noted that this fracture stimulation programme was designed based
on Schlumberger's local and worldwide experience, including results from recent
operations in the Neuquen Basin. Since Azabache's leases are located in a
different, relatively unexplored part of the Neuquen Basin, the planned
programme might not be optimal for this area and several more wells might be
needed to optimize the fracture stimulation programmes.


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 contains forward-looking statements. More particularly, this
press release contains statements concerning a fractured stimulation of its
Cvo.x-2 well on the Covunco Norte-Sur Block and the Company's future operations.
The forward-looking statements contained in this document are based on certain
key expectations and assumptions made by Azabache, its expected future
operations. Although Azabache believes that the expectations and assumptions on
which the forward-looking statements are based are reasonable, undue reliance
should not be placed on the forward-looking statements because Azabache can give
no assurance that they will prove to be correct. Since forward-looking
statements address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results could differ materially
from those currently anticipated due to a number of factors and risks. 


These include, but are not limited to, the failure to obtain necessary
regulatory approvals, risks associated with the oil and gas industry in general
(e.g., operational risks in development, exploration and production; delays or
changes in plans with respect to exploration or development projects or capital
expenditures; the uncertainty of reserve estimates; the uncertainty of estimates
and projections relating to production, costs and expenses, and health, safety
and environmental risks), commodity price and exchange rate fluctuations. The
forward-looking statements contained in this document are made as of the date
hereof and Azabache undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.


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.
Glenn Van Doorne
Chairman
+403.966.8739
[e-mail]