Caracal Annual and Special Meeting of Shareholders

Results of Caracal Annual and Special Meeting of Shareholders

CALGARY, May 19, 2014 /CNW/ - Caracal Energy Inc. ("Caracal" or the "
Corporation") (LSE:CRCL) announces that at the Annual and Special Meeting of
Shareholders (the "Meeting") held in London, UK on May 15, 2014, all
resolutions set out in the Notice of Annual and Special Meeting and voted on at
the Meeting were passed by the requisite majority.

The following resolutions were voted on at the Meeting and carried on a show of
hands:

Resolution                            Votes For  Percent Votes Withheld Percent
                                                                               
The election of the following                                                  
nominees as Directors of the                                                   
Corporation to serve until the next                                            
annual meeting of shareholders of the                                          
Corporation, or until their                                                    
successors are elected or appointed:                                           
                                                                               
Carol Bell                            39,162,969 100%    -              -      
                                                                               
John Bentley                          39,123,038 100%    -              -      
                                                                               
Peter Dey                             39,139,841 100%    -              -      
                                                                               
Gary Guidry                           39,139,841 100%    -              -      
                                                                               
Robert Hodgins                        37,737,156 96.4%   1,385,882      3.6%   
                                                                               
Ron Royal                             39,162,969 100%    -              -      
                                                                               
Brooke Wade                           34,972,233 89.3%   4,190,736      10.7%  
                                                                               
The appointment of KPMG LLP,          49,367,157 100%    -              -      
Chartered Accountants as auditors of                                           
the Corporation to hold office for                                             
the ensuing year.                                                              
                                                                               

The following resolutions were approved by a vote conducted by ballot at the
Meeting:

Resolution                             Votes For  Percent Votes Against Percent
                                                                               
An ordinary resolution authorizing the 36,840,893 89.3%   4,420,986     10.7%  
annual amounts regarding the allotment                                         
of equity securities.                                                          
                                                                               
A special resolution authorizing the   41,225,969 98.2%   751,000       1.8%   
limits regarding the dis-application                                           
of pre-emption rights.                                                         
                                                                               
An ordinary resolution approving the   28,712,733 69.6%   12,549,235    30.4%  
long-term incentive plan for the                                               
Corporation with certain amendments                                            
thereto.                                                                       
                                                                               

Non-votes and invalid votes have not been counted in the calculation of the
proportion of votes for and against each resolution.

A copy of the Voting Report is available on SEDAR at www.sedar.com and has been
submitted to the National Storage Mechanism and will be available at http://
www.morningstar.co.uk/uk/NSM.

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 [phone]
Joel Shaffer [phone]

FTI Consulting - UK Media Enquiries
Ben Brewerton / Ed Westropp
+ 44 (0) 207 8313 3113
[e-mail]

(CRCL)