Newton Energy Corporation Announces Extension of a Farm-in Agreement on Two Deepwater Blocks in the Gambia in West Africa

Newton Energy Corporation (TSX VENTURE:NTN) (the "Company" or "Newton")
announces that further to its press release of August 27, 2012, the requirement
in the farm-in agreement (the "Farm-In Agreement") with Buried Hill Gambia BV
("Buried Hill") that Newton will have until September 30, 2012 to demonstrate to
the satisfaction of Buried Hill that the potential investors in and lenders to
Newton are reasonably likely to provide sufficient funds to enable Newton to
meet its financial obligations under the Farm-In Agreement, has been extended.


About Newton 

Newton is an oil and gas company with existing operated licenses in the onshore
East Midlands Oil Province in the United Kingdom. Newton maintains offices in
London, England and Calgary, Alberta.


ADVISORY 

Except for the historical and present factual information contained herein, the
matters set forth in this news release, including words such as "expects",
"projects", "plans", "anticipates", and similar expressions, are forward-looking
statements that represents management of Newton's internal projections,
expectations or beliefs concerning, among other things, the ability of Newton to
complete a financing and meet the other conditions precedent of the Farm-In
Agreement. The projections, estimates and beliefs contained in such
forward-looking statements necessarily involve known and unknown risks and
uncertainties, which may cause Newton's actual performance and financial results
in future periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking statements.
These risks and uncertainties include, among other things, those described in
Newton's filings with the Canadian securities authorities. Accordingly, holders
of Newton's shares and potential investors are cautioned that events or
circumstances could cause results to differ materially from those predicted. A
description of assumptions used to develop such forward-looking information and
a description of risk factors that may cause actual results to differ materially
from forward-looking information can be found in Newton's disclosure documents
on the SEDAR website at www.sedar.com. Newton disclaims any responsibility to
update these forward-looking statements except as required by applicable
securities legislation.