Santa Maria Petroleum Inc. Closes Sale of Canaguaro Block


TORONTO, ONTARIO--(Marketwired - June 7, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Santa Maria Petroleum Inc. (TSX VENTURE:SMQ) ("Santa Maria" or the "Company") is pleased to announce that it has completed the previously announced sale of its 25 per cent oil and gas interest in the Canaguaro Block in the Llanos Basin in Colombia to Petrominerales Ltd., as detailed in the Company's press release dated May 6, 2013.

About Santa Maria Petroleum Inc.

Santa Maria is a junior oil and gas company with private participating interests in two blocks in the Llanos Basin of Colombia.

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.

Contact Information:

Santa Maria Petroleum Inc.
Ronald MacMicken
President and Chief Executive Officer
416-943-0021
ron@birchislandcapital.com
www.smpetroleum.com