Equal Energy Announces Initiation of a Strategic Review

Equal Energy Ltd. ("Equal" or the "Company") (EQU.TO) (EQU) announces that its Board of Directors has initiated a strategic review process to identify, examine and consider alternatives with the view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, the sale of all or a portion of the Company's assets, the outright sale of the corporation, a merger or other business combination, a recapitalization, acquisitions, as well as continued execution of its business plan, or any combination thereof.

The Board of Directors believes that the Company's shares trade at a significant discount to the value of the underlying assets, especially given its high-quality Cardium and Viking oil plays in Canada , its Hunton liquids rich gas play and its emerging Mississippian light oil play in Oklahoma.

Passport Energy Ltd. Announces Management Changes

Passport Energy Ltd. (PPO - CNSX), ("Passport" or the "Company") announces that, pursuant to its continued focus of retaining seasoned oil and gas professionals for its management team and board, Mr. Bruce Murray, has been appointed President and CEO, and Mr. Daniel Tiberio, has been appointed Chief Operating Officer.

Mr. Murray has over 30 years of experience in the oil and gas industry and was President and Director of Tenergy Ltd., which was sold in 2006. He was also a co-founder, Director and Chief Operating Officer of Purcell Energy Ltd., which was sold in mid-2005.  Mr. Daniel Tiberio is a Petroleum Engineering Technologist, with over 16 years of experience in oil and gas Exploitation and Optimization of assets in Western Canada.

HSE Integrated Ltd. Announces Definitive Agreement To Be Acquired By DXP Enterprises, Inc. For CDN$84 Million

HSE Integrated Ltd. ("HSE" or the "Company") (HSL.TO) is pleased to announce that they have entered into a binding agreement (the "Agreement") with DXP Enterprises, Inc. ("DXP") to complete a business combination (the "Transaction"). DXP is a leading products and service distributor in the United States and trades on the NASDAQ under the symbol DXPE.

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PASSPORT ENERGY LTD. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Passport Energy Ltd. [CNSX:PPO] (“Passport” or the “Company”) is pleased to announce that further to its announcement of February 27, 2012, it has completed its previously announced private placement (the “Private Placement”). Pursuant to the Private Placement, the Company has issued 9,757,316 common shares at a price of $0.15 per share for gross proceeds of $1,463,597 and 6,709,681 common shares issued on a “flow-through shares” at a price of $0.17 per share for gross proceeds of $1,140,645, for aggregate gross proceeds of $2,604,243.