Notice of Annual and Special Meeting

Caracal Energy Inc. - Notice of Annual and Special Meeting

CALGARY, April 17, 2014 /CNW/ - Caracal Energy Inc. ("Caracal" or the "Company
") (LSE:CRCL) announces that its 2014 Annual and Special Meeting will be held
on Thursday 15 May 2014 at 10:00 a.m. at 200 Aldersgate, Aldersgate Street,
London EC1A 4HD, United Kingdom.

A Proxy Statement and Information Circular (the "Circular") has been mailed to
shareholders which includes the Notice of Annual and Special Meeting (the
"Notice"). The Circular and the Notice together with the Form of Proxy are
available on Caracal's website and at www.sedar.com.

In accordance with the Listing Rules, copies of the following documents have
been submitted to the National Storage Mechanism and will be available for
inspection at www.Hemscott.com/nsm.do.

Annual Report for the year ended December 31, 2013 (which includes 2013 annual
financial statements and 2013 annual management's discussion and analysis)
Annual Information Form for the year ended December 31, 2013
Notice of 2014 Annual and Special Meeting and Proxy Statement and Information
Circular
Proxy Form relating to the 2014 Annual and Special Meeting of Shareholders

About Caracal Energy Inc.

Caracal Energy Inc. is an international exploration and development company
focused on oil and gas exploration, development and production activities in
the Republic of Chad, Africa. In 2011, the Company entered into three
production sharing contracts ("PSCs") with the government of the Republic of
Chad. These PSCs provide exclusive rights, along with its partners, to explore
and develop reserves and resources over a combined area of 26,103 km2 in
southern Chad. The PSCs cover two world-class oil basins with oil discoveries,
and numerous exploration prospects.

The Company's shares trade on the London Stock Exchange under the symbol CRCL.

SOURCE: Caracal Energy Inc.

For further information:


Caracal Energy Inc.
Gary Guidry, President and Chief Executive Officer
Trevor Peters, Chief Financial Officer

[phone]

Longview Communications - Canadian Media Enquiries
Alan Bayless
Joel Shaffer

[phone]
[phone]

FTI Consulting - UK Media Enquiries
Ben Brewerton / Ed Westropp

+ 44 (0) 207 8313 3113
[e-mail]

(CRCL)