QXP

Quattro Exploration And Production Ltd. ("Quattro" or the "Company") (TSX
VENTURE:QXP) is pleased to announce that it has entered into an arms-length
agreement with an Alberta-based corporation to settle amounts owing of $150,000
and all associated legal and administrative expenses, through the issuance of
500,000 common shares of the Company.


Leonard Van Betuw, President & CEO of the Company, commented, "We are very
pleased, to have concluded this agreement and believe that the 500,000 shares
being issued at the deemed price of $0.30 per share is appropriate. Quattro
believes the price reflects the average industry multiple of the Company's book
value and profit vs. equity rather than the extreme discount being experienced
by many publicly listed Junior Oil and Gas companies with in the Canadian
markets."


The Company also continues to advance the acquisition previously announced on
March 21st, 2013, in East Central Alberta and in the process of concluding
further conditions of closing, with revised terms for closing being September
30th, 2013 or at such time shortly after as mutually agreed to by the parties.


About Quattro Exploration and Production Ltd.

Quattro Exploration and Production Ltd. continues to focus on the conventional
exploration and development of oil and natural gas reserves in Western Canada,
primarily in south central Saskatchewan, with an expanding presence in Alberta.
Our core low risk production base will provide us the capacity to aggressively
pursue a series of high impact exploration and development efforts in Central
and South America. The company intends to balance this portfolio of activities
to assure its shareholders that it achieves material growth including reserves,
production and profitability.


This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical
facts, that address future production, reserve potential, exploration drilling,
exploitation activities and events or developments that the Company expects are
forward-looking statements. Although the Company believes the expectations
expressed in such forward looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward looking statements include market prices, exploitation and
exploration successes, continued availability of capital and financing, and
general economic, market or business conditions. Investors are cautioned that
any such statements are not guarantees of future performance and those actual
results or developments may differ materially from those projected in the
forward- looking statements. For more information on the Company, Investors
should review the Company's registered filings which are available at
www.sedar.com.


This news release shall not constitute an offer to sell or the solicitation of
any offer to buy, nor shall there be any sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful. The
securities offered have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or applicable exemption from the registration
requirements of the U.S. Securities Act and applicable state securities laws.


BOE presentation:

Barrel ("bbl") of oil equivalent ("boe") amounts may be misleading particularly
if used in isolation. All boe conversions in this report are calculated using a
conversion of six thousand cubic feet of natural gas to one equivalent barrel of
oil (6 mcf=1 bbl) and is based on an energy conversion method primarily
applicable at the burner tip and does not represent a value equivalency at the
well head.


Trading in the securities of Quattro Exploration & Production Ltd. should be
considered highly speculative. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quattro Exploration & Production Ltd.
Leonard Van Betuw
President and Chief Executive Officer
(403) 984-3917 or Direct Line: (587) 228-7070
leonard@qxp-petro.com
www.qxp-petro.com

Grafico Azioni Quattro Exploration and Producti (TSXV:QXP)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Quattro Exploration and Producti (TSXV:QXP)
Storico
Da Giu 2023 a Giu 2024