CVU.B Seaview Energy Inc. Class B

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Seaview Energy Inc. (TSX VENTURE:CVU.A)(TSX VENTURE:CVU.B) ("Seaview") announces
that it granted options on June 5, 2008 to acquire up to 702,500 Class A shares
of Seaview, 530,000 of which were granted to directors and officers. Each grant
of options is for a five year term, expiring on June 5, 2013. The options vest
over three years (1/3 on each of the first, second and third anniversary of the
grant date). The options are exercisable at a price of $3.20 per Class A share.
There are now options outstanding to purchase a total of 2,342,500 Class A
shares of Seaview, or approximately 7.8% of Seaview's issued and outstanding
Class A shares.


Seaview is a Calgary, Alberta based company engaged in the exploration,
development and production of conventional crude oil and natural gas reserves in
Canada. Seaview's strategy is to build shareholder value through a balance of
exploration and development drilling complimented by a focused acquisition
program. Seaview's initial core focus area is in the Peace River area of
northwest Alberta.

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