Warrior Energy N.V.

Warrior Energy N.V.

April 27, 2012 13:22 ET

Warrior Energy N.V. Announces Assignment of Debt

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 27, 2012) - Warrior Energy N.V. ("Warrior" or the "Company") (TSX VENTURE:WEN) is pleased to announce that it has entered into an assignment of debt agreement dated March 21, 2012 with John Hislop, whereby the Company has agreed to assign to John Hislop for $100,000 the debt that Exxel Energy (USA) Inc. ("Exxel") owes to the Issuer pursuant to a Promissory Note dated May 24, 2007, as amended and secured by inter alia a mortgage from Exxel and a guarantee from XXL Energy Corp., each as amended.

The transaction is subject to the approval of the TSX Venture Exchange.

About the Company

Warrior is a junior oil and gas exploration and production company focused on identifying and exploiting natural gas opportunities.

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

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