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VIK

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Share Name Share Symbol Market Type
TSXV:VIK TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Petro Viking Appoints Chief Operational Officer

17/04/2012 2:00pm

Marketwired Canada


Petro Viking Energy Inc. (the "Company") (TSX VENTURE:VIK) is pleased to
announce the appointment of a high-profile industry figure as its Chief
Operating Officer. Dr. Henri Wennekers, B.Sc., M.Sc., Dr.Sc. (Earth Sciences)
has been appointed Chief Operating Officer effective immediately. 


Over the course of a 35 year career, Dr. Wennekers has evaluated over 240
offshore exploration blocks in Libya, Nigeria, Namibia, Egypt, West Africa,
Madagascar, Indonesia and China. His offshore drilling experience includes the
continental shelf and rise of the Republic of China, South Mediterranean,
Canada's Nova Scotia Shelf, Canadian Arctic Islands and the Mackenzie Delta. Dr.
Wennekers has held senior positions and consulted to a range of clients
including Husky Energy, Petro Canada, Devon Energy, Seneca Energy, British Gas
Canada, Sirte Oil Company (Libya) and Sproule Associates Ltd. 


"We are delighted that Henri has accepted our offer to join Petro Viking as
Chief Operating Officer," stated Giovanni DeFrancesco, President and CEO. "He
brings to our company a wealth of experience gleaned from many years with
premier companies in the international oil and gas industry. We are confident
that Henri's broad international off-shore experience will be instrumental in
driving the business forward and developing our Namibian offshore blocks, which
we expect to close on shortly."


As COO of the Company, Dr. Wennekers' responsibilities are expected to include
providing day to day leadership and operational control over the development of
the Company's previously announced acquisition of three blocks off the coast of
Namibia. 


The appointment is subject to customary TSX Venture Exchange approval.

About Petro Viking 

Petro Viking is a junior oil and gas company focused on exploration for crude
oil in western Canada. Petro Viking entered into an agreement dated March 19,
2012 to acquire 100% of the issued and outstanding shares of a privately held
company which has an interest in three prospective offshore Namibia blocks. The
development of these blocks will be led by an experienced and qualified
technical team with strong relationships in Namibia. 


The TSX-V has in no way passed upon the merits of the proposed transaction and
has neither approved nor disapproved the contents of this press release. 


Except for historical information contained herein, this news release contains
forward-looking statements that involve risks and uncertainties, including but
not limited to the fact that the Company has not closed the acquisition of the
private company, as referred to in its press release dated March 20, 2012.
Actual results may differ materially. The Company will not update these
forward-looking statements to reflect events or circumstances after the date
hereof. More detailed information about potential factors that could affect
financial results is included in the documents filed from time to time with the
Canadian securities regulatory authorities by the Company.


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