CAMAC ENERGY INCORPORATED - CAMAC operational update on Oyo-8 Well

CAMAC operational update on Oyo-8 Well

CAMAC Energy Incorporated
(Incorporated and registered in Delaware, United States of America)
Share code on the NYSE MKT: CAK
Share code on the JSE: CME
ISIN: US1317451011
USA ISIN: US1317451011
(“CAMAC Energy” or “the Company”)

CAMAC Energy Provides Operational Update on the Oyo-8 Well

HOUSTON, Texas – September 30, 2014 - CAMAC Energy Inc. (“CAMAC Energy” or the “Company”) (NYSE MKT:
CAK)(JSE: CME) announced today that the suspended rig activities of the Energy Searchers drillship have now
resumed, and the technical problem with the drillship’s control hoses blow out preventer (“BOP”) has now been
resolved. New hoses have been installed, and the BOP is fully function tested.

About CAMAC Energy

CAMAC Energy is an independent oil and gas exploration and production company focused on energy resources in
Africa. Its asset portfolio consists of nine licenses across four countries covering an area of 43,000 square kilometers
(approximately 10 million acres), including existing production and other projects offshore Nigeria, as well as
exploration licenses with hydrocarbon potential offshore Ghana, onshore and offshore Kenya, and offshore Gambia.
CAMAC Energy is headquartered in Houston, Texas, and is listed on the New York Stock Exchange under the ticker
symbol CAK, and on the Johannesburg Stock Exchange under the ticker symbol CME. For more information about
CAMAC Energy, please visit www.camacenergy.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact,
concerning activities, events or developments that the Company expects, believes or anticipates will or may occur in
the future are forward-looking statements. Although the Company believes the expectations reflected in these
forward-looking statements are reasonable, they involve assumptions, risks and uncertainties, and these expectations
may prove to be incorrect. The Company’s actual results could differ materially from those anticipated in these
forward-looking statements due to a variety of factors, including the Company’s ability to successfully drill, complete,
test and produce the wells and prospects identified in this release and risk factors discussed in the Company’s periodic
reports filed with the Securities and Exchange Commission (SEC). All forward-looking statements are expressly
qualified in their entirety by this cautionary statement. You should not place undue reliance on forward-looking
statements, which speak only as of their respective dates. The Company undertakes no duty to update these forward-
looking statements.


Source: CAMAC Energy Inc


CAMAC Energy
1330 Post Oak Blvd., Suite 2250
Houston, TX 77056
www.camacenergy.com

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Investor Contact:
Christopher D. Heath
Director, Corporate Finance and Investor Relations
+1 713-797-2945
chris.heath@camacenergy.com

Media:
Magna Carta
Jacques de Bie
+27 (0)11 784 2598
jacques@magna-carta.co.za

30 September 2014

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)




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