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Marquee Sees 300%+ Boost in Michichi/Lloydminster Reserves

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Marquee Sees 300%+ Boost in Michichi/Lloydminster Reserves

Marquee Energy Ltd. has reported the results of its 2012 year-end oil and gas reserves evaluation.

Marquee's year-end 2012 reserves were evaluated by independent reserves evaluator Sproule & Associates Consultants Ltd. The evaluation of all of Marquee's oil and gas properties was done in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook (COGE Handbook) and National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities (NI 51-101). Additional reserve information as required under NI 51-101 will be included in the Company's Annual Information Form which is expected to be filed on SEDAR on March 22, 2013.

Highlights of the 2012 reserve report include: Net present value of future net revenue for current…
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