CEB

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Ceiba Energy Services Inc. ("Ceiba" or the "Company") (TSX VENTURE:CEB)
announces that the Company has filed and received a receipt for a preliminary
short form prospectus (the "Preliminary Prospectus") qualifying the distribution
of the common shares in the capital of Ceiba (the "Common Shares") which are
issuable upon the exercise of the special warrants ("Special Warrants") issued
pursuant to a bought deal private placement (the "Special Warrant Offering")
with a syndicate of underwriters led by Clarus Securities Inc. and including
Canaccord Genuity Corp., Scotia Capital Inc. and Jennings Capital Inc. which
closed on April 15, 2014.


Pursuant to the Special Warrant Offering, Ceiba issued 21,390,000 Special
Warrants at a price of $0.43 per Special Warrant for aggregate gross proceeds of
$9,197,700. Each Special Warrant was exercisable at any time after the closing
of the Special Warrant Offering, for no additional consideration, to acquire one
Common Share. All unexercised Special Warrants will be deemed to be exercised,
for no additional consideration, upon the earlier of: (a) August 18, 2014, and
(b) the date on which a receipt or deemed receipt, as applicable, is issued for
a final short form prospectus (the "Qualification Prospectus") by the securities
regulatory authorities in each of Alberta, British Columbia, Manitoba and
Ontario for distribution of the Common Shares issuable upon exercise of the
Special Warrants. The Preliminary Prospectus has been filed with securities
regulators in each of the provinces of Alberta, British Columbia, Manitoba and
Ontario.


About Ceiba Energy Services Inc.

Ceiba provides specialized services to the energy sector, specifically to
companies involved in the exploration, extraction and production of oil and
natural gas in Western Canada. Ceiba develops and constructs facilities in
proximity to its customers to provide treatment of crude oil emulsion,
terminalling, storage and marketing of oil and disposal of production water.


Reader Advisory

The securities being offered have not, nor will they be registered under the
United States Securities Act of 1933, as amended, and may not be offered or sold
within the United States or to, or for the account or benefit of, U.S. persons
absent U.S. registration or an applicable exemption from the U.S. registration
requirements. This release does not constitute an offer for sale of securities
in the United States.


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 the accuracy of this release.


Forward-looking statements

Certain statements made herein may constitute forward-looking statements. These
statements relate to future events or the future economic performance of Ceiba
and carry known and unknown risks, uncertainties and other factors that may
appreciably affect their results, economic performance or accomplishments when
considered in light of the content or implications to statements made by Ceiba.
Actual events or results could be significantly different. Accordingly,
investors should not place undue reliance on forward-looking statements. Ceiba
does not intend and undertakes no obligation to update these forward-looking
statements, except as required under applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ceiba Energy Services Inc.
Ian Simister
President
403-262-2783


Ceiba Energy Services Inc.
Peter Cheung
CFO and Corporate Secretary
403-262-2783

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