Azabache Announces Appointment of New CFO

CALGARY, ALBERTA--(Marketwired - April 14, 2014) -

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

Azabache Energy Inc. ("Azabache" or the "Company") (TSX VENTURE:AZA) is pleased to announce the appointment of Mr. Marc Bouchard Chief Financial Officer ("CFO") of the Company effective April 1, 2014. Mr. Mark Hopkins has resigned as CFO effective the same date but will remain with the Company as a part time Controller for a six month period. The Company thanks Mr. Hopkins for his contributions to the Company.

Mr. Bouchard is the chairman Chairman of Toll Cross Securities Inc. ("Toll Cross"), an IIROC member firm, and served as the CFO of Toll Cross for 12 years. He has previously held both public and private company CFO positions with Teleglobe, Bell Canada, Fonorola and Shearson Lehman Brothers Asia Inc. Mr. Bouchard has over 30 years of international experience in finance and accounting, and has participated in a significant amount of capital raising and M&A activity. He is a graduate of McGill University with First Class Honors in Economics and Finance.

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 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.