Junex Announces an Increase of its Total Oil-Initially-in-Place Resources to 330 Million Barrels on its Galt Property, Quebec, Canada

QUEBEC CITY, QUEBEC--(Marketwire - March 27, 2013) - Junex Inc. (TSX VENTURE:JNX) ("Junex" or the "Company") is pleased to announce that Netherland, Sewell & Associates, Inc., ("NSAI"), a firm of worldwide petroleum consultants based in Texas, has provided an update of their Best Estimate of the total Oil-Initially-In-Place ("OIIP") resources at 330 million barrels for the Forillon and Indian Point formations on Junex's Galt Field property on the Gaspe Peninsula.

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Niko Provides Corporate Updates

Niko Resources Ltd. ("Niko" or the "Company") (NKO.TO), provides the following corporate updates:

Proposed Sales of Certain Non-core Assets for $157 Million

Niko is in advanced negotiations with two separate third parties for the sales of certain non-core assets for combined sales proceeds of $157 million. The Company is working towards signing of definitive sale and purchase agreements by April 30, 2013. Further details on these transactions will be provided to the market as these transactions progress. Execution of the sale and purchase agreements will be subject to completion of final due diligence and approval by the respective boards of directors of the parties. Closing of the transactions will be subject to host government and regulatory approvals, other conditions customary for transactions of this nature, and closing adjustments.

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ZaZa Energy Corporation Announces Joint Venture with Large Independent to Further Develop Its Eaglebine Assets

Joint venture partner to carry ZaZa on up to the first nine wells and make substantial cash payment

Joint venture partner to operate three-phase roll-out covering all of ZaZa’s acreage, save and except 19K net acres retained 100% by ZaZa in the middle of the block adjacent to recent discoveries

ZaZa Energy Corporation (“ZaZa” or the “Company”)(ZAZA) today announced that it has signed a Joint Exploration and Development Agreement (the “Agreement”) with one of the largest independent crude oil and natural gas companies in the United States to further develop ZaZa’s Eaglebine assets.

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Gastar Exploration Reports Minimal Impact from Pipeline Disruption; Reaffirms First Quarter Production Guidance

Gastar Exploration Ltd. (NYSE MKT: GST) (Gastar) today announced that to date its production has been minimally affected by the rupture of a Williams Partners natural gas pipeline in Marshall County, West Virginia on Friday, March 22.  The Company is reaffirming its previously issued first quarter production guidance of 38 to 41 MMcfe per day.

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Quattro Announces a Binding Letter of Intent to Acquire More Than 580 Boe/d of Oil and Gas Production in Central Alberta

Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) ("Quattro" or the "Company") is pleased to announce that it has entered into an arms-length agreement (the "Letter of Intent" or "LOI") with an Alberta-based private oil and gas exploration and production company to acquire certain oil and gas interests in East Central Alberta.

The acquisition comprises of four production packages, currently producing more than 580 boe/d (of which greater than 30% is oils and liquids), and developed land of approximately 82,395 acres (net), undeveloped lands of 75,220 acres (net) for a total of 157,615 acres (net) in East Central Alberta (the "Acquisition").

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