Invicta Energy Corp. Completes Previously Announced Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Invicta Energy Corp. ("Invicta" or the "Corporation") (TSX VENTURE:VCA) is
pleased to announce that it has completed its previously announced public
offering of common shares of the Corporation (the "Common Shares") for gross
proceeds of approximately $3.655 million (the "Offered Common Shares") and gross
proceeds of approximately $1.3 million for the issuance of Common Shares issued
on a flow-through basis ("Flow-Through Shares"), resulting in aggregate gross
proceeds of approximately $5 million (the "Offering"). The Offering was
conducted through a syndicate of agents lead by Stonecap Securities Inc., on its
own behalf and on behalf of PI Financial Corp., Dundee Securities Ltd., Haywood
Securities Inc., Paradigm Capital Inc. and Raymond James Ltd.


At closing, Invicta issued an aggregate of 18,953,333 Common Shares, being
comprised of 14,620,000 Offered Common Shares at a price of $0.25 per Offered
Common Share and 4,333,333 Flow-Through Shares at a price of $0.30 per
Flow-Through Share.


The Corporation intends to use the proceeds from the Offering to fund a portion
of the Corporation's 2011 capital program to drill 20 gross wells (11.2 net
wells). 70% of the program will be focused on developing the Kindersley,
Saskatchewan area. The remaining 30% will be used to prove up the developing
resource plays in Alberta, including, Central and Redwater Alberta.


The securities offered have not been and will not be registered under the U.S.
Securities Act of 1933, as amended and may not be offered or sold in the United
States absent registration or applicable exemption from the registration
requirements. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful. 


About Invicta 

Invicta began operations in February 2010. The Corporation is focused on the
development and exploitation of its light oil Viking resource lands located
along the Viking trend from Kindersley, Saskatchewan to Redwater, Alberta.


Cautionary Statements:

Forward Looking Statements: This news release contains forward looking
statements and forward looking information regarding, among other things, the
size, timing and terms of the best efforts financing and the use of proceeds
from such financing. The financing may not be completed on these terms or at
all. Readers are cautioned that assumptions used in the preparation of such
statements may prove to be incorrect. Forward looking statements involves
significant known and unknown risks and uncertainties. Reference is made to
Invicta's annual information form for the year ended December 31, 2010 and the
final prospectus dated April 20, 2011 for a description of some of the risks
that could affect the Corporation's future results and could cause results to
differ materially from those expressed in the Corporation's forward looking
statements. The forward looking statements contained in this news release are
made as at the date hereof and, except as required by applicable securities
laws, Invicta does not undertake any obligation to update publicly or otherwise
any such statements.