Doxa Energy Ltd.

Doxa Energy Ltd.

January 10, 2011 09:00 ET

Doxa Energy Ltd. Retains Renmark Financial Communications Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2011) - Doxa Energy Ltd. (TSX VENTURE:DXA)(OTCQX:DXAEF)(FRANKFURT:5D0) ("Doxa" or the "Company") is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to enhance its investor relations activities.

"We are pleased to announce that we have selected Renmark to reinforce Doxa's profile in the financial community and enhance the visibility of our project portfolio. We chose Renmark because its standards and methodologies fit best with the message we wish to communicate to the investing public," noted Arnold Armstrong, Chairman and Director of Doxa Energy Ltd.

In consideration of the services being provided, Doxa Energy has agreed to pay Renmark Financial Communications Inc. a monthly retainer of $5,000 for a 12-month term (with a 6-month out clause). The agreement commenced on January 1st, 2011.

Renmark Financial Communications does not have any interest, directly or indirectly, in Doxa Energy Ltd. or its securities, or any right or intent to acquire such an interest.

Arnold Armstrong

Chairman Doxa Energy Limited

About Doxa Energy Ltd.

Doxa Energy, Ltd. ("Doxa") has in short order become an oil & gas production/exploration company concentrating on onshore only projects primarily in the State of Texas with a mix of unconventional (including the Eagle Ford Shale) and conventional projects. Doxa is committed to becoming a leading oil & gas company, achieving superior financial and operating results while simultaneously utilizing sound business, social, environmental and safety practices.

Statements in this press release other than purely historical information, including statements relating to the Company's future plans, objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to the risks and uncertainties inherent in the Company's business, including risks inherent in oil and gas exploration and development, and uncertainties in connection with anticipated commodity prices for oil and natural gas, growth of worldwide market demand, exploration capital requirements, length of asset life and availability of qualified personnel, among others As a result, actual results may vary materially from those described in the forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services providers (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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