Nextraction Announces Resumption of Production on Its Liquids-Rich Gas Property in Wyoming, USA

THIS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMMINATION IN THE UNITED STATES AND DOES NOT CONSTITUTE AN OFFER OF THE
SECURITIES DESCRIBED HEREIN. 


Nextraction Energy Corp. (TSX VENTURE:NE) (the "Company" or "Nextraction") is
pleased to announce that the Company has resumed production from its Noble 6-24
well (the "Well") on the liquids-rich Pinedale Anticline in western Wyoming,
USA. The Well was shut-in in December 2011 due to depressed natural gas prices;
however with the rebound of natural gas prices over the winter (currently
$4.56/mcf at Opal Wyoming) and the continued strength of oil prices, Nextraction
placed the well back on production on January 6, 2014.


Over the first 2 weeks of production, the well has produced an average of 650
mcf/d (108 boe/d) of natural gas and 30 bbl/d of oil, for a combined rate of 138
boe/d. These rates are consistent with what the well produced when it first came
on production in July 2010 and the Company is very encouraged by these results.


At year-end 2012, Nextraction had Proved plus Probable reserves of 1,093 MMcf of
natural gas and 22,000 bbl of oil assigned to the Noble 6-24 well, with a Net
Present Value (before tax, discounted at 10%) of $2.1 million. As well, the
Company had 2 undeveloped locations assigned with a combined total of 4,785 MMcf
of natural gas and 96,000 bbls of oil of Proved plus Probable reserves with a
Net Present Value (before tax, discounted at 10%) of $3.3 million. Nextraction
owns 1,900 net acres of land in the Pinedale area.


Company President Kent Edney states, "After being shut-in for two years, we are
excited with the initial production rates from the Noble 6-24 well. We have made
changes to personnel in the field and the approach to production is allowing the
well to produce at some of the best rates in its history. The anticipated
increase to cash flow provides a strong start to 2014 for the Company."


For further information, please visit the Company's website at www.nextraction.com.

READER ADVISORY

Cautionary Note Regarding Forward Looking Statements

Certain statements made and information contained herein may constitute
"forward-looking statements" or "forward-looking information" within the meaning
of applicable securities legislation. Often, but not always, forward-looking
statements or information can be identified by the use of words such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or
"believes" or variations of such words and phrases or words and phrases that
state or indicate that certain actions, events or results "may", "may have",
"could", "would", "might" or "will" be taken, occur or be achieved.


BOE's may be misleading, particularly if used in isolation. A BOE conversion
ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method
primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead. The estimated values disclosed herein do not
represent fair market value.


Although management believes that the assumptions made and the expectations
represented by such statements or information are reasonable, there can be no
assurance that a forward-looking statement or information herein will prove to
be accurate. Forward- looking statements and information by their nature are
based on assumptions and involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or achievements,
or industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements.


These statements speak only as of the date of this News Release and are
expressly qualified, in their entirety, by this cautionary statement.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nextraction Energy Corp.
Kent Edney, P.Eng.
President
[phone]


Nextraction Energy Corp.
Scott Badcock, CA
CFO
[phone]
[e-mail]
www.nextraction.com