UNX JOINT VENTURE PARTNER HRT PARTICIPAÇÕES SIGNS 3D SEISMIC CONTRACT WITH POLARCUS

CALGARY, Jan. 27 /CNW/ -- 
CALGARY, Jan. 27 /CNW/ - UNX Energy Corp. (TSX-V: UNX) ("UNX" or the
 "Company"), today announced that a 3D seismic contract has been signed
 between UNX's joint venture partner and operator for Petroleum Licence
 2813, HRT Participações en Peróleo S.A. (HRTP3:BZ) ("HRT") and Polarcus
 Limited (OAX: PLCS), to provide 3D seismic on Block 2813A in offshore
 Namibia. UNX and HRT each own a 40% share in the 2813 contract area
 with the remaining 20% being owned by Acarus Investments (Proprietary)
 Ltd., a local Namibian company.


The joint venture plans to acquire 1,232 km(2) of 3D seismic on the northern portion of Block 2813A in offshore
 Namibia. The program is an extension of UNX's previously announced
 seismic program on Block 2713A, which targets a very large feature with
 multiple identified zones including a sub-shale feature. UNX's share of
 the seismic program will be wholly funded from the monies the
 corporation raised in July and November of 2010.


"The extension of the 3D seismic program into Block 2813A will provide
 further detail on the size and extent of the large structural feature
 we have identified on Block 2713A," said Mr. Gabriel Ollivier,
 President and CEO of UNX Energy. "The seismic will supplement our
 already robust data set and add to the compelling argument of the
 Orange Basin's "Big Oil" prospectivity. This program greatly exceeds
 all of the joint venture's required work commitments for Petroleum
 Licence 2813, at approximately twice the minimum required work
 commitment for the contract area."


About UNX Energy Corp.


UNX Energy Corp. is a junior, independent oil and gas company, focused
 on exploration for crude oil in offshore Namibia, Africa. Headquartered
 in Calgary, Alberta, Canada, UNX's asset base consists of approximately
 51,000 square kilometres (approximately 32,000 net) of offshore
 acreage, strategically located along the prolific South Atlantic
 Margin. Development of these highly prospective blocks is being
 advanced by an experienced management team, qualified technical staff
 and strong in-country relationships. UNX employs strategic technical
 expertise to optimize the probability of exploration success in the
 region. UNX is committed to conducting its business in a socially and
 environmentally responsible manner, ultimately working towards the goal
 of sustainable development in Namibia's oil and gas sector for the
 benefit of all stakeholders.


On Behalf of the Board of Directors
of UNX Energy Corp.


Duane Parnham
Chairman


For further information visit our website at www.unxenergy.com
Sedar Profile #00016276


Forward Looking Information


This news release contains certain forward-looking statements that
 reflect the current views and/or expectations of UNX Energy Corp. with
 respect to its performance, business and future events. Investors are
 cautioned that all forward-looking statements involve risks and
 uncertainties including, without limitation, those relating to changes
 in the market, potential downturns in economic conditions, foreign
 exchange fluctuations, changes in business strategy, regulatory
 requirements, demand for our resources, competition and dependence
 on key personnel. These risks, as well as others, could cause actual
 results and events to vary significantly. UNX Energy Corp. does not
 undertake any obligations to release publicly any revisions for
 updating any voluntary forward-looking statements.


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.



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table valign="top" border="0"trtdMaria Elliott, VP Finance & CFObr/ Telephone: [phone]br/ Email: a href="mailto:[e-mail]"[e-mail]/a/td td /td td /td td /td td /td td /td/tr trtd /td td /td td /td td /td td /td td /td/tr trtdDavid Feick, Investor Relations   br/ Telephone: [phone]   br/ Email: a href="mailto:[e-mail]"[e-mail]/a  /td td /td td /td td /td td /td tdHeidi Christensen Brown, Investor Relationsbr/ Telephone: [phone]br/ Email: a href="mailto:[e-mail]"[e-mail]/a/td/tr/table

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