Duma Energy Corp. Receives Buy Rating From Mont Blanc Capital

SAN DIEGO, CA--(Marketwired - Apr 17, 2013) - The OTC Journal announced today that it is featuring Duma Energy Corp. (OTCQB: DUMA), a growing U.S. based oil and gas exploration and production company, in its April 15, 2013 publication.

The OTC Journal also announced it is highlighting a Buy Rating placed on Duma Energy by Mont Blanc Capital Management AG of Zurich, Switzerland. Mont Blanc Capital has published a report to support its Rating and discusses its strong Target Price of $6 for Duma Energy.

The Mont Blanc Report can be viewed at:
http://www.otcjournal.com/media/duma/DUMA_Initial_Report_04-10-13.pdf

The OTCJournal Report can be viewed at:
http://www.otcjournal.com/Duma-Energy-DUMA-NASDAQ-Uplisting-Coming/af/archive/20130415-1/

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About Duma Energy Corp.

Duma Energy Corp. (OTCQB: DUMA) is an aggressive growth company actively producing oil and gas in the continental United States, both on and offshore. Duma also has a significant interest in a 5.3 million-acre concession in the Republic of Namibia in southern Africa. Duma Energy will continue increasing revenue, cash flow, and reserves while pursuing aggressive growth through acquisition and participation in projects with the potential of providing exponential returns for shareholders. Further information can be found on the Company's website at www.Duma.com.

Forward-looking Statements

This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.