LGX Oil + Gas Inc. Announces Significant Big Valley Well Test Results

LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL.V) is pleased to provide completion results from recent southern Alberta drilling activity. LGX's Big Valley (Three Forks) Formation horizontal well at 13-2-9-24 W4M was recently completed with a 20 stage hydraulic fracture stimulation and has achieved the following extended production test results.

The 13-2 well has been flowing back for 136 hours up a 4.5 inch diameter frac string and has produced 9,360 Bbl of 31 degree API light oil for an average daily rate of approximately 1,650 Bbl oil per day and 570 Mcf per day of associated solution gas for an oil equivalent rate of 1,745 BOE per day over the test period.

Double Eagle Petroleum Reports Cash Dividend on its Series A Cumulative Preferred Stock

Double Eagle Petroleum Co. (DBLE) reported today that its Board of Directors declared a cash dividend on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock") in the amount of $0.578125 per share, payable on December 31, 2013 to shareholders of record as of December 20, 2013.  The Series A Preferred Stock was issued on July 5, 2007 and trades on the NASDAQ Capital Market under the symbol "DBLEP."

Passport Energy Ltd. Announces Additional Land Acquisition Details

Passport Energy Ltd. (PPO - TSX Venture, PPOZF - OTC),("Passport") provides, further to its news release dated November 27, 2013, the following additional details of the previously announced land acquisition.

Passport has entered into an agreement with a private oil and gas company to acquire 22 1/4 contiguous sections (5,760 acres) of 100% owned land in the Hardy area of SE Saskatchewan for $600,000 cash. The acquisition will be subject to certain conditions including Passport completing due diligence on the properties, obtaining a satisfactory title opinion on the properties, completing a financing, and completing the formal agreement between Passport and the vendor.

Passport Energy Ltd. Announces Land Acquisition

Passport Energy Ltd. (PPO - TSX Venture), ("Passport") advises that it has entered into an agreement with a private oil and gas company to acquire 22 1/4 contiguous sections (5,760 acres) of 100% owned land in the Hardy area of SE Saskatchewan. The acquisition price will, subject to certain conditions being met, be paid by Passport in cash. Passport believes the acreage is located in a more prospective area of the new light oil Bakken play trend that it has been exploring for the past 2 years.