Kallisto Cases Crossfield 16-26 Well

Kallisto Energy Corp. (TSX VENTURE:KEC) ("Kallisto" or the "Company") is pleased
to announce that drilling operations to test for Elkton light oil at its
Crossfield 16-26-027-01W5 location ("16-26") have concluded. The 16-26 well has
been logged and cased. Completion and testing operations will be undertaken
shortly.


Kallisto farmed out a portion of its interest in the 16-26 well, resulting in
Kallisto paying 40% of the cost of the well and retaining a 64% working
interest. The farmee also paid Kallisto a prospect fee and equalized with the
Company on certain other expenses.


Kallisto is a Calgary-based junior resource company engaged in the exploration,
development and production of oil and natural gas, primarily in Alberta. 


Forward Looking Information

The reader is advised that some of the information contained herein may
constitute forward looking statements within the meaning assigned by National
Instrument 51-102 and other relevant securities legislation. It includes, but is
not limited to, statements with respect to the timing of well completion and
testing activities and potential oil discoveries. Forward-looking information is
frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", "scheduled", "potential", or other similar
words, or statements that certain events or conditions "may", "should" or
"could" occur. Forward-looking information is based on the Company's
expectations regarding its future growth, results of operations, production,
future capital and other expenditures (including the amount, nature and sources
of funding thereof), competitive advantages, plans for and results of drilling
activity, environmental matters, business prospects and opportunities. Such
forward-looking information reflects management's current beliefs and
assumptions and is based on information currently available to it. The reader is
cautioned that assumptions used in the preparation of such information, although
considered reasonable by the Company at the time of preparation, may prove to be
incorrect and readers are cautioned not to place undue reliance on
forward-looking information, which speaks only as of the date hereof. The
Company does not undertake any obligation to release publicly any revisions to
forward-looking information contained herein to reflect events or circumstances
that occur after the date hereof or to reflect the occurrence of unanticipated
events, except as may be required under applicable securities laws.


Forward-looking information involves significant known and unknown risks and
uncertainties. A number of factors could cause actual results to differ
materially from the results discussed in the forward-looking information
including risks associated with the impact of general economic conditions,
industry conditions, governmental regulation, volatility of commodity prices,
currency fluctuations, imprecision of reserve and resource estimates,
environmental risks, competition from other industry participants, the lack of
availability of qualified personnel or management, stock market volatility and
the Corporation's ability to access sufficient capital from internal and
external sources. Additional risks and uncertainties are described in the
Company's and Annual Information Form dated April 30, 2013 which is filed under
the Company's SEDAR profile at www.sedar.com.


NEITHER 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kallisto Energy Corp.
Robyn Lore
President and Chief Executive Officer
[phone]