Petromanas supports investment agreement between Canadian and Albanian governments

Petromanas supports investment agreement between Canadian and Albanian 
CALGARY, Nov. 28, 2013 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the 
"Company") (TSXV: PMI) today announced its support for a foreign investment 
and protection agreement (FIPA) concluded between the Canadian and Albanian 
governments and announced by the Honourable Ed Fast, Minister of International 
"Conclusion of this investment treaty will help strengthen the bonds between 
our governments and should support improved opportunities for Canadian 
companies, like Petromanas, with operations in Albania," said Glenn McNamara, 
CEO of Petromanas. 
A FIPA is a treaty designed to promote and protect Canadian investment abroad 
and foreign investment in Canada through reciprocal, legally binding 
provisions. By ensuring greater protection against discriminatory and 
arbitrary practices, and by enhancing the predictability of a market's policy 
framework, a FIPA gives businesses greater confidence in investing. Once in 
force, the agreement with Albania is expected to facilitate investment flows 
between the two countries, thereby contributing to job creation and economic 
growth in both countries. 
About Petromanas 
Petromanas Energy Inc. is an international oil and gas company focused on the 
exploration and development of its assets in Albania. Petromanas, through its 
wholly-owned subsidiary, holds two Production Sharing Contracts ("PSCs") with 
the Albanian government. Under the terms of the PSCs, Petromanas has a 100% 
working interest in Blocks D and E and a 25% working interest in Blocks 2-3 
that comprise more than 1.1 million gross acres across Albania's Berati thrust 
belt. Petromanas also holds exploration assets in France and Australia. For 
further information please contact: 
This press release contains forward-looking information within the meaning of 
applicable securities laws and is based on the expectations, estimates and 
projections of management of Petromanas as of the date of this news release 
unless otherwise stated. The use of any of the words "expect", "anticipate", 
"continue", "estimate", "objective", "ongoing", "may", "will", "project", 
"should", "believe", "plans", "intends" and similar expressions are intended 
to identify forward-looking information. More particularly and without 
limitation, this press release contains forward-looking information concerning 
the anticipated effects of the FIPA, including improved business opportunities 
for the Company, facilitating investment flows between Albania and Canada, and 
contributing to job creation and economic growth in both countries. In respect 
of this forward-looking information, Petromanas has provided such in reliance 
on certain assumptions that it believes are reasonable at this time, including 
assumptions as to the ability of the FIPA to promote and protect Canadian 
investment abroad and foreign investment in Canada through reciprocal, legally 
binding provisions. Accordingly, readers should not place undue reliance 
on the forward-looking information contained in this press release. 
Since forward-looking information addresses future events and conditions, by 
its very nature it involves inherent risks and uncertainties. Actual results 
could differ materially from those currently anticipated due to a number of 
factors and risks. These include, but are not limited to the risks associated 
with the industries in which Petromanas operates in general such as 
operational and exploration risks; delays or changes in plans with respect to 
growth projects or capital expenditures; delays in obtaining governmental 
approvals, permits or financing or political risks in the completion of 
development or construction activities; access to drilling rigs, completion 
equipment, seismic equipment and operational personnel; costs and expenses; 
political risks; risks of litigation; title disputes; health, safety and 
environmental risks; commodity price, interest rate and exchange rate 
fluctuations; environmental risks; competition; ability to access sufficient 
capital from internal and external sources; and changes in legislation, 
including but not limited to tax laws and environmental regulations. 
Readers are cautioned that the foregoing list of factors is not exhaustive. 
Additional information on other factors that could affect the operations or 
financial results of Petromanas are included in reports on file with 
applicable securities regulatory authorities, including but not limited to; 
Petromanas' Annual Information Form for the year ended December 31, 2012 which 
may be accessed on Petromanas' SEDAR profile at 
The forward-looking information contained in this press release is made as of 
the date hereof and Petromanas undertakes no obligation to update publicly or 
revise any forward-looking information, whether as a result of new 
information, future events or otherwise, unless so required by 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.

SOURCE  Petromanas Energy Inc. 
Glenn McNamara, CEO Bill Cummins, CFO Petromanas Energy Inc. Suite 1720, 734 - 
7th Avenue SW Calgary, Alberta Canada T2P 3P8 Tel: +1 403 457 4400 Fax: +1 403 
457 4480 
The Equicom Group Nick Hurst 300 5th Avenue SW, 10th Floor Calgary, Alberta 
Canada T2P 3C4 Tel: +1 403 218 2835 Fax: +1 403 218 2830 
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CO: Petromanas Energy Inc.
ST: Alberta
-0- Nov/28/2013 17:59 GMT
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