CaiTerra International Energy Announces Grant of Stock Options

CaiTerra International Energy Corporation (TSX VENTURE:CTI) (the "Company")
today announces that it has granted an aggregate of 5,000,000 stock options to
its directors, officers and consultants for the purchase of up to 5,000,000
common shares of the Company pursuant to its stock option plan. Each stock
option is exercisable for a period of two years at a price of $0.20 per common
share.


The Company also granted 1,200,000 stock options to Gale Capital Corporation
("Gale") pursuant to the investor relations that the Company entered into with
Gale earlier. Each stock option granted to Gail is exercisable at a price of
$0.20 per common share for a period of two years, vesting in accordance with the
policies of the TSX Venture Exchange.


ON BEHALF OF THE BOARD

Craig Robson, Chief Executive Officer

Certain risks and uncertainties, such as our ability to successfully complete
the private placement, could cause the Company's actual results to differ
materially from those in the forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CaiTerra International Energy Corporation
Craig Robson
Chief Executive Officer and Director
778.329.9629
[e-mail]