Cancen Announces Appointment of New CFO and Director

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES.


Cancen Oil Canada Inc. ("Cancen" or the "Corporation") (TSX VENTURE:COI) is
pleased to announce that it has appointed Jeffrey Love as Chief Financial
Officer and Corporate Secretary of the Corporation. Mr. Love has 30 years of
experience with public companies in the energy, environmental and technology
sectors, and has acted in senior executive roles, including as chief financial
officer, of several TSX Venture Exchange listed companies. Mr. Love earned a
Certified General Accounting designation in 1979.  


Cancen is also pleased to announce the appointment of Thomas Bugg to the board
of directors of the Corporation. Mr. Bugg has 25 years of experience in the oil
and gas industry in both public and private companies operating across Western
Canada, the United States and internationally. Mr. Bugg was one of the original
founders of Ensign Drilling Limited, currently one of the largest drilling
contractors in North America. Subsequent to that time Mr. Bugg was involved in
several private companies including small oil and gas companies and oil tool
manufacturers before commencing Beau Canada Exploration Ltd. as a public company
listed on the Toronto Stock Exchange. Acting as the Chairman, CEO and President
he oversaw operations, which included drilling and developing several heavy oil
fields, drilling and developing gas and light oil fields. In the late 1990's,
Beau Canada Exploration Ltd. took over majority interest of Genoil Inc. Mr. Bugg
is currently the President and a director of Genoil Inc. Mr. Bugg has served on
the board of several private and public companies and has additionally served on
the Board of Governors for the Canadian Association of Petroleum Producers. Mr.
Bugg received a Bachelor of Commerce in 1972 and a Bachelor of Laws in 1973,
both from the University of Saskatchewan.


Chris Scase has tendered his resignation as Chief Financial Officer of the
Corporation effective November 29, 2012 and Darryl Scase has tendered his
resignation as a director effective November 30, 2012. The board of directors
thanks them both for their contributions to the Corporation and wishes them well
in their new endeavours. 


About Cancen

Cancen is an energy services company that focuses on providing specialized
services to upstream oil and natural gas companies operating in the Western
Canadian Sedimentary Basin. The services provided by Cancen assist these
companies with the treatment and sale of crude oil and the handling of
by-products associated with oil and natural gas development and production. The
services provided by Cancen include crude oil emulsion treatment, oilfield waste
processing, and disposal of produced and waste water. As at the date hereof, the
Corporation's services are provided at three facilities in Alberta.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cancen Oil Canada Inc.
Frederick LaHaie
President and Chief Executive Officer
(780) 452-7205
(780) 451-1200 (FAX)


Cancen Oil Canada Inc.
11464 - 149 Street, NW
Edmonton, AB, T5M 1W7
info@cancenoil.com
www.cancenoil.com


Buchalter Consulting
Stan Buchalter
Investor Relations
1 866 631 6537
1 905 631 6537
stan.buchalter@buchalterconsulting.ca

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