Greenfields Petroleum Corporation Announces Completion of Previously Announced Brokered Financing

NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS
RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS


Greenfields Petroleum Corporation ("Greenfields" or the "Company") (TSX
VENTURE:GNF) (TSX VENTURE:GNF.DB), an independent exploration and production
company with producing assets in Azerbaijan, is pleased to announce that it has
completed its previously announced brokered offering of common shares of the
Company ("Common Shares") by issuing 821,800 Common Shares, at a price of $3.40
per Common Share, for gross proceeds of approximately $2.8 million (the
"Brokered Offering"). In combination with the previously completed non-brokered
private placement which closed on June 25, 2013, the Company has raised, in
aggregate, gross proceeds of approximately $9.6 million.


The Brokered Offering was conducted through a syndicate of agents led by
FirstEnergy Capital Corp. and including Casimir Capital Ltd.


About Greenfields Petroleum Corporation 

Greenfields is a junior oil and natural gas corporation focused on the
development and production of proven oil and gas reserves principally in the
Republic of Azerbaijan. The Company plans to expand its oil and gas assets
through further farm-ins, and acquisitions of Production Sharing Agreements from
foreign governments containing previously discovered but under-developed
international oil and gas fields, also known as "greenfields". More information
about the Company may be obtained on the Greenfields website at
www.greenfields-petroleum.com.


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


This news release shall not constitute an offer to sell or the solicitation of
an offer to buy any securities in the United States, nor shall there be any sale
of the Common Shares in any jurisdiction in which such offer, solicitation or
sale may be unlawful. The Common Shares have not been and will not be registered
under the 1933 Act or any U.S. state securities laws and may not be offered or
sold in the United States absent registration under the 1933 Act or an
applicable exemption from the registration requirements of the 1933 Act and
applicable U.S. state securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Greenfields Petroleum Corporation
John W. Harkins
Chief Executive Officer
[phone]


Greenfields Petroleum Corporation
A. Wayne Curzadd
Chief Financial Officer
[phone]


Greenfields Petroleum Corporation
Robin Cook
CHF Senior Account Manager
[phone] x 228
[e-mail]
www.greenfields-petroleum.com