Canoel International Energy Ltd. Reports Third Quarter Results

CALGARY, ALBERTA / February 27, 2014 / ACCESSWIRE / Canoel International Energy Ltd. ("CIL" or the "Company") (TSX VENTURE:CIL) is pleased to announce its third quarter results for the three months and nine months ended December 31, 2013. The Interim Financial Statements and Management's Discussion and Analysis for the third quarter can be viewed on the Company's website at http://www.canoelenergy.com/ or on SEDAR at www.sedar.com under the CIL listing.

Neither 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.

For further information, please contact:

Jose Ramon Lopez Portillo Andrea Cattaneo

Chairman of the Board President & CEO

Email: [e-mail]

Telephone: [phone]

Telefax: [phone]

This press release is not to be distributed to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law.