SFPI Santa Fe Petroleum Announces Release of Report by Northern Equity Research

PLANO, TX, Jan. 24, 2013 /PRNewswire via COMTEX/ -- 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