CALGARY, ALBERTA--(Marketwire - Nov. 29, 2010) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Azabache Energy Inc. (TSX VENTURE:AZA) ("Azabache" or the "Company") is pleased to announce that it has filed its annual audited financial statements, management's discussion and analysis and certification of annual filings for the year ended June 30, 2010. In addition, Azabache has filed its reserves data and other oil and gas information required by National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities. Copies of the foregoing documents are available on SEDAR at www.sedar.com.

Azabache now intends to apply to the applicable securities regulatory authorities and the TSX Venture Exchange for the revocation of cease trade orders and a reinstatement of trading of its common shares, as soon as practicable.

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