CALGARY, ALBERTA--(Marketwire - June 7, 2012) - Santa Maria Petroleum Inc. (formerly Quetzal Energy Ltd.) (The "Company") (TSX VENTURE:QEI) is pleased to announce that it has filed articles of amendment to implement the consolidation of its common shares ("Common Shares") on the basis of one post-consolidation Common Share for every 10 pre-consolidation Common Shares and to change the name of the Company from "Quetzal Energy Ltd." to "Santa Maria Petroleum Inc."
The Company expects that the post-consolidation Common Shares will begin trading on the TSX Venture Exchange under the new symbol "SMQ" on or about June 11, 2012.
To receive certificates representing post-consolidation Common Shares, registered shareholders of the Company (the "Shareholders") should follow the instructions set out in the letter of transmittal and send their certificates representing pre-consolidation Common Shares, together with a properly executed letter of transmittal, to Equity Financial Trust Company, the registrar and transfer agent of the Company. Letters of transmittal with respect to the consolidation, copies of which are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com, were mailed to all registered Shareholders. Beneficial Shareholders should contact their nominees with any questions regarding the procedures applicable to them.
About Santa Maria Petroleum Inc.
Santa Maria is a junior oil and gas company with private participating interests in 4 blocks in the Llanos Basin of Colombia.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.