CEB

Ceiba Energy Services Inc. ("Ceiba" or the "Company") (TSX VENTURE:CEB) has
granted a total of 1,250,000 stock options to officers and certain independent
directors of Ceiba at an exercise price of $0.95. 


The stock options have been granted pursuant to Ceiba's 10% rolling stock option
plan and will expire five years from the date of grant. All of the stock options
vest as to one third thereof starting at the date of grant and at the next two
anniversaries of the date of grant. Subsequent to this stock option grant, Ceiba
will have a total of 7,640,000 stock options outstanding.


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 

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.


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

Ceiba Energy Services Inc. (TSXV:CEB)
Historical Stock Chart
From May 2024 to Jun 2024

Ceiba Energy Services Inc. (TSXV:CEB)
Historical Stock Chart
From Jun 2023 to Jun 2024