Desmarais To Increase Working Interests at Barrhead and Bigoray

Desmarais Energy Corporation (TSX VENTURE:DES) (the "Corporation" or
"Desmarais") announces that it has entered into a purchase and sale agreement
pursuant to which Desmarais has agreed to acquire certain oil and natural gas
assets (the "Acquired Assets") located in the Barrhead and Bigoray areas of
Alberta for total consideration of $160,000, net of outstanding AFE's and
environmental liabilities, which purchase price shall be satisfied by way of
issuance of 2,000,000 common shares of Desmarais at a deemed issue price of
$0.08 per share. 


The Acquired Assets represent an increased operated working interest in one
producing oil well (100.00% from 50.00%); and an increased operated interest in
two natural gas wells (88.29% from 50.00%) which are currently shut-in due to
low commodity prices. The oil well produced an average 15 barrels of oil per day
and 51 Mcf of natural gas per day in the 12 months ending on December 31, 2011.
The effective date of the transaction is December 1, 2011.


The acquisition, and the Common Shares issuable pursuant thereto, are subject to
the satisfaction of the conditions to closing as well as the receipt of all
necessary third party and regulatory approvals, including but not limited to the
TSX Venture Exchange.


Reader Advisory: The press release may contain certain forward looking
statements which may include plans, expectations, forecasts, projections,
guidance or other statements that are not statements of fact, including without
limiting the generality of the foregoing, the number of common shares issuable
pursuant to the acquisition and the benefits (including production rates)
thereof. Although Desmarais believes that the expectations reflected in such
forward looking statements are reasonable, it cannot give any assurance that
such expectations will prove to be correct. The effect of the acquisition and
related matters are subject to a number of conditions which Desmarais cannot
give any assurance that such conditions will be met on a timely basis, or if at
all, as certain of the conditions are in the control of other parties. As such,
the future plans and objectives of Desmarais are forward looking statements that
involve risks and uncertainties that may be based on assumptions that could
cause actual results to differ materially from those anticipated or implied in
such statements. The foregoing list of risk factors is not exhaustive.
Additional information on risk factors is included in other public documents
available under Desmarais' profile on SEDAR. Although Desmarais has attempted to
identify important factors that could cause actual actions, events or results to
differ materially from those described in the forward looking statements, there
may be other factors that cause actions, events or results to differ from those
anticipated, estimated or intended. In making its forward looking statements,
Desmarais used, among others, the following material factors or assumptions to
develop forward looking information enumerated above: the known attributes of
the properties subject to the acquisition. Desmarais' forward looking statements
are expressly qualified in their entirety by this cautionary statement. Unless
otherwise required by applicable securities laws, Desmarais does not intend, nor
does it undertake any obligation, to update or review any forward looking
statements to reflect subsequent information, events, results or circumstances
or otherwise.