Hyperion Exploration Corp. Announces Revision to Bank Line

Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX)
announces, as a result of the scheduled lending review with its credit provider,
the lending limit of the revolving operating facility will be revised to $28.0
million from $30.0 million. Hyperion remains committed to debt reduction, while
pursuing options to create value for our shareholders. The Company will not be
utilizing additional debt to acquire assets in the near term and, as a result,
will not renew or incur the renewal fee, for the $10.0 million acquisition
facility. Security for the revolving operating facility will continue to be
provided by way of a charge over the petroleum and natural gas assets of the
Company. The revolving operating facility will be subject to review on or before
September 1, 2014.


About Hyperion

Hyperion is a publicly traded, junior light oil and gas company. Hyperion's core
Alberta operations are in Niton/McLeod, Garrington, North Pembina, and Buck
Lake. The common shares of the Company trade on the TSX Venture Exchange under
the trading symbol "HYX".


Cautionary Statements

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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Trevor Spagrud
President and CEO
[phone]
[e-mail]


Hyperion Exploration Corp.
Suite 2010, Calgary Place II
355 - 4th Avenue S.W.
Calgary, Alberta T2P 0J1