CALGARY, Alberta, Nov. 27, 2017 (GLOBE NEWSWIRE) -- New Stratus Energy Inc. (TSX.V:NSE) ("New Stratus" or the "Corporation") is pleased to announce the filing of its unaudited financial results for the interim period ended September 30, 2017. Electronic copies of the Corporation's September 30, 2017 interim financial statements and related management's discussion and analysis may be obtained from the SEDAR website at www.sedar.com.

The Corporation in the last quarter and to date has participated in various data rooms of Oil and Gas Production assets in the proven basins of Colombia, Peru, Ecuador, Mexico, USA and Canada.

The Corporation has been looking for corporate acquisitions of junior companies with production assets and exploration upside to give value to our shareholders.

The Corporation has a management and technical team with extensive experience in Latin America that can evaluate the opportunities financially, technically and legally in a short period of time.

Size of the analyzed targets are in the range 4 to 25 MMBOE.

Contact Information:

Krishna Vathyam                                                                             
Interim Chief Executive Officer                                 
+1 403 538 5471
kvathyam@newstratus.energy

Forward-Looking Information

This news release contains forward-looking statements. More particularly, this document contains statements concerning future acquisitions. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "scheduled", "potential", or other similar words, or statements that certain events or conditions "may", "should" or "could" occur.

The forward-looking statements are based on certain key expectations and assumptions made by the Corporation, including expectations and assumptions concerning future acquisitions. Although the Corporation believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Corporation at the time of preparation, may prove to be incorrect and readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Corporation does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Neither 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.