Santa Fe Petroleum Announces Release of Report by Northern Equity Research

PLANO, TX, Jan. 24, 2013 /PRNewswire/ - Northern Equity Research (NER) has released its new report on Santa Fe Petroleum (OTCBB: SFPI). The report contains a detailed discussion of SFPI's business operations, market dynamics, geological data and indicators, potential cash flows, and risks. The report is available at: http://www.sfpetroleum.com/investor-relations/reports

Northern Equity Research notes in the report: "Hydrocarbon production from American shale formations has been called a revolution. In areas of the domestic US, such as in north eastern Texas, in the Barnett Shale and Marble Falls formations, a boom in shale oil and gas production has become a critical factor in the US domestic energy security equation, and has created excellent opportunities for early stage investors. SFPI offers investors exposure to the hydrocarbon boom in domestic US shale exploration, development and production."

About Santa Fe Petroleum Inc.
Santa Fe Petroleum, Inc. is a junior oil and gas exploration company whose focus is the development of the Barnett Shale and Marble Falls reservoirs on its leasehold interests in central Texas. Santa Fe's success will be accomplished by maintaining the highest standards possible in the selection of its prospects and in its drilling and operating procedures. Our standards will continue to guide as we review current prospects and new acquisitions.
For more information, please visit http://www.sfpetroleum.com

About Northern Equity Research (NER)
Northern Equity Research covers venture-class resource companies and the trends and events that shape them. We provide news and features on resource investing in the following sectors: Gold and Precious Metals, Energy, Base Metals, Industrial and Exotic Minerals. NER provides editorial content, comment, opinion and ideas on the companies and sectors we report on.
http://northernequity.com

Safe Harbor: This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction.This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Included in this news release and other information that the Company makes publicly available from time to time are forward-looking management comments and other statements that reflect management's current outlook for future periods. These statements include, among others, statements regarding the anticipated benefits from the development, production, or acquisition of new projects as well as anticipated revenue from other sources and which may be critical to the overall revenue and profits of the Company.

These statements and expectations are based on currently available competitive, financial and economic data along with the Company's operating plans, and are subject to future events and uncertainties that could cause anticipated events not to occur or actual results to differ materially from historical or anticipated results. Among the events or uncertainties which could adversely affect future periods are: changes in legal contingencies, the concentration of the Company's capital stock ownership etc. The forward-looking statements in this news release should be read in conjunction with the more detailed descriptions of the risk factors located in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements contained in this release as a result of new information or future events or developments.This general purpose information is not intended for investment advice. Do not base any investment decision on information herein. We do not endorse the truthfulness, completeness, accuracy or reliability of the information.

SOURCE Santa Fe Petroleum, Inc.