Petro Viking Files Business Acquisitions Report

Petro Viking Energy Inc. ("Petro Viking")(TSX VENTURE:VIK), today announced that
it filed its business acquisition report in regards to the acquisition of all of
the issued and outstanding securities of Deep Creek Oil and Gas Inc., which
transaction closed on February 28, 2011. Pursuant to Section 8.2 of National
Instrument 51-102 Continuous Disclosure Obligations, Petro Viking was required
to file the BAR within 75 days of the closing of the transaction. Petro Viking
filed the BAR following a notice received from the Alberta Securities
Commission.


Details regarding the transaction involving the acquisition of Deep Creek were
reported in a press release dated March 1, 2011 and detailed information
concerning the transaction is contained in the company's information circular
dated November 29, 2010, a copy of which is posted on the SEDAR website.


About Petro Viking

Petro Viking is a Calgary-based junior resource company engaged in the
exploration, development and production of oil and natural gas in Alberta and
Saskatchewan. The management and directors of the Company are focused on
increasing shareholder value and believe that value can be added through the
continued development of its Alberta and Saskatchewan properties.


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.