SOURCE: Xun Energy, Inc.

Xun Energy, Inc.

April 05, 2011 12:00 ET

Xun Energy Oil Production for March

LONDON, KY--(Marketwire - April 5, 2011) - Xun Energy, Inc. ("XNRG") (OTCBB: XNRG) Xun Energy, Inc. announces the Company's 100% wholly owned subsidiary, Xun Oil of Kentucky, Inc. (Xun Oil), produced 31 barrels of oil during the month of March on its first rework well in Kentucky.

"We are extremely excited that our first well project has produced oil during the rework phase," commented Peter Matousek, president of the Company. He further commented, "We removed the cap and found oil sitting at the top of the oil well. It was an exuberating surprise and exceeded our expectations for the well," he exclaimed.

Xun Oil's first rework well, XUN001, is going through the final stages of the rework program including commissioning and testing. Rain and inclement weather has hampered the rework program which has caused a delay in putting the well into production. The last maintenance procedure and testing should be completed this week.

Xun Oil began its second rework program on XUN002 in March and it is expected to complete the rework cycle including commissioning and testing on XUN002 this month.

About XNRG

Xun Energy, Inc. is a development stage company with limited assets. The Company's prospects will be subject to securing financing and the success of the drilling, exploration and rework/enhancement programs.

This Press Release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining to the oil and gas operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in our recent filings. Under no circumstances does this Press Release constitute an offer to sell or a solicitation of an offer to buy the securities of the company described in this Press Release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction.

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