Donnybrook Announces Reserves

Donnybrook Energy Inc. ("Donnybrook" or the "Company") (TSX VENTURE:DEI) reports
the results of its December 31, 2012 Reserves Assessment and Evaluation of
certain of its Alberta oil and gas properties, as evaluated by GLJ Petroleum
Consultants ("GLJ") in accordance with National Instrument 51-101 - Standards of
Disclosure for Oil and Gas Activities ("NI 51-101").


A summary of the Company's reserves volumes according to reserve category as at
December 31, 2012 is as provided in the following table. Unless otherwise
stated, the reserves information included in this release is stated on a
"company interest" basis, which represents Donnybrook's working interest
(operated and non-operated) share of remaining reserves before deduction of
royalties and including any royalty interests. Numbers presented in table may
not add exactly due to rounding.




                               Light and             Natural Gas   Total Oil
                              Medium Oil Natural Gas     Liquids  Equivalent
Reserves Category                 (Mbbl)      (MMcf)      (Mbbl)      (Mbbl)
----------------------------------------------------------------------------
Proved                                                                      
  Producing                            8       1,057          19         203
  Non-Producing                        0           0           0           0
  Undeveloped                        208       9,412          89       1,866
Total Proved                         216      10,470         109       2,069
Probable                             434      21,457         280       4,290
Total Proved plus Probable           650      31,926         389       6,359



A summary of the Company's estimated future net revenues associated with
Donnybrook's reserves as at December 31, 2012 based on the GLJ December 31, 2012
price forecast is provided in the following table. It should not be assumed that
the net present values estimated by GLJ represent the fair market value of the
reserves. Numbers presented in table may not add exactly due to rounding.




                 Before Income Taxes Discounted at (%/year)                 
                                                                            
                                     0%       5%      10%      15%       20%
Reserves Category                  (M$)     (M$)     (M$)     (M$)      (M$)
----------------------------------------------------------------------------
Proved                                                                      
  Producing                       3,383    2,885    2,526    2,256     2,047
  Non-Producing                       0        0        0        0         0
  Undeveloped                    31,679   20,943   14,559   10,476     7,718
Total Proved                     35,062   23,828   17,085   12,732     9,765
Probable                         79,856   48,990   33,021   23,521    17,319
Total Proved plus Probable      114,918   72,818   50,106   36,253    27,085



Relevant portions of the GLJ December 31, 2012 price forecast used in the
Company's evaluation are as follows:




                                               Pentanes                     
               Natural Gas     Light Crude Oil     Plus                     
         --------------------- --------------- --------                     
                     AECO Gas                          
          Henry Hub     Price     WTI Edmonton Edmonton Inflation   Exchange
            ($U.S./    ($CDN/   ($US/   ($CDN/   ($CDN/     Rates       Rate
Year         MMBtu)    MMBtu)    bbl)     bbl)     bbl)  (%/year) ($US/$CDN)
-------- --------------------- --------------- -----------------------------
Forecast                                                                    
--------                                                                    
2013           3.75      3.38   90.00    85.00    96.63       2.0       1.00
2014           4.17      3.83   92.50    91.50    97.91       2.0       1.00
2015           4.57      4.28   95.00    94.00    97.76       2.0       1.00
2016           4.95      4.72   97.50    96.50   100.36       2.0       1.00
2017           5.08      4.95   97.50    96.50   100.36       2.0       1.00
2018           5.25      5.22   97.50    96.50   100.36       2.0       1.00
2019           5.25      5.32   98.54    97.54   101.44       2.0       1.00
2020           5.25      5.43  100.51    99.51   103.49       2.0       1.00
2021           5.25      5.54  102.52   101.52   105.58       2.0       1.00
2022           5.25      5.64  104.57   103.57   107.71       2.0       1.00
                                                                            
Further information relating to Donnybrook is also available on its website 
at www.donnybrookenergy.ca.                                                 



ON BEHALF OF THE BOARD OF DONNYBROOK ENERGY INC.

Malcolm F. W. Todd, Chief Executive Officer

FORWARD-LOOKING STATEMENTS

Certain information set forth in this news release contains forward-looking
statements or information ("forward-looking statements"), including statements
regarding the Company's future net revenues. By their nature, forward-looking
statements are subject to numerous risks and uncertainties, some of which are
beyond Donnybrook's control, including the impact of general economic
conditions, industry conditions, volatility of commodity prices, currency
fluctuations, imprecision of reserve estimates, environmental risks, operational
risks in exploration and development, competition from other industry
participants, the lack of availability of qualified personnel or management,
stock market volatility and the ability to access sufficient capital from
internal and external sources. Although Donnybrook believes that the
expectations in our forward-looking statements are reasonable, our
forward-looking statements have been based on factors and assumptions concerning
future events which may prove to be inaccurate. Those factors and assumptions
are based upon currently available information. Such statements are subject to
known and unknown risks, uncertainties and other factors that could influence
actual results or events and cause actual results or events to differ materially
from those stated, anticipated or implied in the forward looking information. As
such, readers are cautioned not to place undue reliance on the forward looking
information, as no assurance can be provided as to future results, levels of
activity or achievements. The risks, uncertainties, material assumptions and
other factors that could affect actual results are discussed in our Annual
Information Form and other documents available at www.sedar.com. Furthermore,
the forward-looking statements contained in this document are made as of the
date of this document and, except as required by applicable law, Donnybrook does
not undertake any obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise. The forward-looking statements contained in this document
are expressly qualified by this cautionary statement. This news release shall
not constitute an offer to sell or the solicitation of any offer to buy
securities in any jurisdiction.


Where amounts are expressed on a barrel of oil equivalent ("BOE") basis, natural
gas volumes have been converted to oil equivalence at six thousand cubic feet
per barrel. The term BOE may be misleading, particularly if used in isolation. A
BOE conversion ratio of six thousand cubic feet per barrel is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead. Given that the value ratio
based on the current price of crude oil as compared to natural gas is
significantly different from the energy equivalency of 6:1, utilizing a
conversion on a 6:1 basis may be misleading as an indication of value.
References to oil in this discussion include crude oil and natural gas liquids
("NGLs"). NGLs include condensate, propane, butane and ethane. References to gas
in this discussion include natural gas.




FOR FURTHER INFORMATION PLEASE CONTACT: 
Donnybrook Energy Inc.
Malcolm Todd
President and Chief Executive Officer
[phone]
[phone] (FAX)
www.donnybrookenergy.ca