Suroco Energy Inc. Provides Update of Suroriente Block Activity

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA 

Suroco Energy Inc. (TSX VENTURE:SRN) ("Suroco" or the "Corporation") is pleased
to announce the resumption of normal production operations in the Suroriente
Block and the continuation of the 2013 drilling program. The drilling rig under
contract for Suroriente development is currently moving to the Quinde-2
appraisal well. 


Suroriente Block Operational Update 

Production Update 

The removal of widespread road blockages in Colombia, that had recently
disrupted normal field operations (see the Corporation's press release dated
August 27, 2013), has allowed production operations to resume. After resumption
of normal operations, gross production from the Suroriente Block has averaged
15,178 barrels of oil per day (2,210 barrels of oil per day net to the
Corporation after royalties). 


The production disruption has resulted in lower production levels than expected
during August and September. Consequently, due to the loss of almost one month
of production, the Corporation's average production for the third quarter of
2013 was 1,378 barrels of oil per day net to the Corporation after royalties. In
comparison, production during the uninterrupted second quarter of 2013 was 1,670
barrels of oil per day net to the Corporation after royalties. 


2013 Drilling Program Update 

Completion operations with the drilling rig resumed at the Pinuna-7 well on
September 14 and the well is now equipped to be tested to the Pinuna facility.
Testing operations are expected to commence in the near future. The drilling rig
is currently being moved to the Quinde-1 multi-well pad to commence drilling the
Quinde-2 development location in mid-October. This well will evaluate Villeta
sand oil potential to the north of the Quinde-1 well. Success at the Quinde-2
location may result in additional appraisal locations being directionally
drilled from the Quinde-1 pad. 


The Corporation is a Calgary-based junior oil and gas company, which explores
for, develops, produces and sells crude oil, natural gas liquids and natural gas
in Colombia. Further details of the Corporation's activities are contained in an
updated presentation to be available shortly on the Corporation's website. The
Corporation's common shares trade on the TSX Venture Exchange under the symbol
SRN.


Forward-Looking Statements

This press release contains forward-looking statements relating to the
operational and exploration activities for Suroco, the evaluation of certain
prospects in which the Corporation holds an interest, estimated number of
drilling locations, estimated timing of drilling of wells, expected capital
program (including its allocation), production growth, reserves growth, the
ability of the Corporation to sell its crude volume and other statements that
are not historical facts. Readers are cautioned not to place undue reliance on
forward-looking statements, as there can be no assurance that the plans,
intentions or expectations upon which they are based will occur. By their
nature, forward-looking statements involve numerous assumptions, known and
unknown risks and uncertainties, both general and specific, that contribute to
the possibility that the predictions, estimates, forecasts, projections and
other forward-looking statements will not occur, which may cause actual
performance and results in future periods to differ materially from any
estimates or projections of future performance or results expressed or implied
by such forward-looking statements. These assumptions, risks and uncertainties
include, among other things, the state of the economy in general and capital
markets in particular; fluctuations in oil prices; the results of exploration
and development drilling, recompletions and related activities; changes in
environmental and other regulations; risks associated with oil and gas
operations and future exploration activities; the need to obtain required
approvals from regulatory authorities; product supply and demand; market
competition; political and economic conditions in the country in which the
Corporation operates; and other factors, many of which are beyond the control of
the Corporation. You can find an additional discussion of those assumptions,
risks and uncertainties in Suroco's Canadian securities filings. 


Readers should also note that even if the 2013 drilling program as proposed by
Suroco is successful, there are many factors that could result in production
levels being less than anticipated or targeted, including without limitation,
greater than anticipated declines in existing production due to poor reservoir
performance, mechanical failures or inability to access production facilities,
among other factors. 


The forward-looking statements contained in this press release are made as of
the date of this press release. Except as required by law, Suroco disclaims any
intention and assumes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Additionally, Suroco undertakes no obligation to comment on the expectations of,
or statements made by, third parties in respect of the matters discussed above.


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Suroco Energy Inc.
Alastair Hill
President and Chief Executive Officer
(403) 232-6784
(403) 232-6747 (FAX)


Suroco Energy Inc.
Travis Doupe
VP Finance and Chief Financial Officer
(403) 232-6784
(403) 232-6747 (FAX)
www.suroco.com
(TSXV:SRN)
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