Antrim Announces Execution of Oil Sales Contract for Causeway Field

Antrim Energy Inc. (AEN.TO)(AEY.L) ("Antrim" or the "Company") -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.

Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that, through its wholly owned subsidiary Antrim Resources (N.I.) Limited, it has executed an oil sales contract with BP Oil International Limited for the sale of Antrim's share of oil produced from the Causeway Field in UKCS Block 211/23d (Antrim working interest 35.5%).

Africa Oil Provides Update on Puntland Drilling

The Shabeel North-1 well has reached a total depth of 3945 meters and has encountered metamorphic basement at a depth of 3919 meters. The well penetrated 149 meters of interbedded sands and shales of the Triassic Adigrat Formation with no oil or gas shows and only minor porosity exhibited on electric logs. Accordingly, the well is being plugged. As noted in a previous Puntland drilling update, the Upper Cretaceous Jesomma sands did exhibit porosity and hydrocarbon shows but produced only fresh water on a drill stem test. These sands are similar to the Jesomma sands encountered in the previously drilled Shabeel well in respect of log response and oil and gas shows. It has therefore been determined that additional testing of these zones in the previously drilled Shabeel well is also not warranted.

Lundin Petroleum AB: Johan Sverdrup Appraisal Well 16/2-13S is Successfully Completed

The well is located 2.5 km north east of the Johan Sverdrup discovery well 16/2-6 and 6,5 km south-east of well 16/2-10 in PL265. The main objective of well 16/2-13S was to determine depth to top reservoir, reservoir quality and thickness, and oil water contact in the north eastern part of the field.

Petro Viking Announces New LOI to Acquire Namibian Offshore Oil Property

Petro Viking Energy Inc. (VIK - TSX Venture), is pleased to announce that it has entered into a new Letter of Intent ("LOI") with Grisham Assets Corp. ("Grisham") dated August 22, 2012 to acquire 80% of the issued and outstanding shares of Alphapetro (Pty) Ltd. ("Alphapetro"), a Namibian company which owns a 100% interest in Petroleum Exploration License No. 0027 in relation to Block 1710A&B off-shore Namibia.  The remaining 20% is owned by Kwest Investments Holdings (Pty) Ltd. as to 10% and by Ace Investments and Mineral Resources CC as to 10% interest.