Newton Energy Corporation Announces Further Initiatives on Belvoir Prospect in UK East Midlands; Adding Exploration Manager, ...

Newton Energy Corporation (the "Company" or "Newton") (TSX VENTURE:NTN)
announces further initiatives to focus on its core asset in the Belvoir prospect
and streamline its exploration opportunities to The Gambia and specific
geographic regions.


Update on Belvoir Prospect as Core Asset 

Newton is focusing on its core asset of Belvoir while divesting itself of
non-core UK East Midlands licenses and associated obligations. Newton believes
Belvoir could be a significant economic prospect after an in-depth technical
assessment of all its UK East Midlands licenses. The Company recently utilized
previously unused seismic data for its re-interpretation of Belvoir. A slim hole
test well was drilled on Belvoir in 1981 by British Petroleum and the well
produced several hundred barrels of crude before being shut-in. The Company is
updating its National Instrument 51-101 - Standards of Disclosure for Oil and
Gas Activities report regarding the Belvoir prospect.


The Company has been working to secure access rights to Belvoir for the past
four years and is currently negotiating land access agreements. Newton will
subsequently file for local planning permission and drilling permits, a process
which is anticipated to take 12 - 18 months. 


Newton is in discussions with several potential joint venture and farm-in
partners to facilitate field appraisal and development of Belvoir. 


Corporate Initiatives and New Exploration Manager

The Company is streamlining its areas of exploration focusing on The Gambia and
specific geographic regions. Newton continues to build its technical team in the
UK.


The Company announces the appointment of Mr. Carlos Venturini as Exploration
Manager. Mr Venturini has over 25 years of experience in structural geology,
seismic interpretation and prospect generation. He is an expert in the petroleum
geology of Africa and South America. Prior to this appointment he owned a North
African consultancy business based in Libya and he previously held leading
technical roles with ENI, Sipetrol and Schlumberger. Mr Venturini holds a BSc in
Geology from La Plata State University, Argentina and an MSc in Structural
Geology from Imperial College London.


Merv Chia, Executive Chairman, made the following comments "Newton Energy
Corporation is focused on drilling an appraisal well at its sizeable Belvoir
prospect after a long effort to access the site. We believe the Belvoir prospect
represents significant value to our shareholders. The Gambia is another
opportunity where Newton is working to create value." 


CEO and Director Resignation

The Company also announces the resignation of Mr. Phil Birch as Chief Executive
Officer and Director effective January 30, 2013. The Company would like to thank
Mr. Birch for his contribution to Newton and wish him every success in the
future. Mr. Merv Chia, Executive Chairman of Newton, will act as Interim Chief
Executive Officer of the Company.


About Newton

Newton holds UK East Midlands assets and a farm-in agreement in The Gambia
Blocks A1 and A4. Newton believes its sizeable Belvoir prospect is a core asset
and is in discussions with potential joint venture and farm-in partners to
facilitate field appraisal and development of Belvoir. 


ADVISORY

This news release may contain certain forward-looking information and
statements, including without limitation, statements pertaining future
operations, receipt of all necessary regulatory approvals and obtaining consents
from third parties. Statements included herein, other than statements of
historical fact, including, are forward-looking information and such information
involves various risks and uncertainties. There can be no assurance that such
information will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such information. A
description of assumptions used to develop such forward-looking information and
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 does not undertake to update any
forward-looking information except in accordance with applicable securities
laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Newton Energy Corporation
Merv Chia
CEO and Executive Chairman
[e-mail]


Newton Energy Corporation
Art Bray
CFO
[e-mail]


Newton Energy Corporation
Suite 200, 638-11th Avenue SW
Calgary, Alberta T2R 0E2
1 403 410-3822