Woodrose Corporation Announces Completion of Debt Financing

Woodrose Corporation (TSX VENTURE:WRS.H) ("Woodrose" or the "Company") is
pleased to announce it has completed its previously announced debt financing to
raise gross proceeds of up $450,000 (the "Debt Financing"). 


Pursuant to loan agreements (the "Loan Agreements") entered into between the
Company and certain lenders (the "Lenders") each Lender has agreed to loan the
Company up to $60,000, which may be drawn down in advances of $5,000. The loans
bear interest at a rate of 8% per annum and mature on the earlier of: (a) the
date the Company completes its previously announced transaction to acquire 100%
of the outstanding shares of Viking Energy (SC-6 Cadlao) Limited (the "Proposed
Transaction"); (b) the date the letter agreement or any definitive agreement in
respect of the Proposed Transaction is terminated; and (c) June 30, 2014.


Upon completion of the Proposed Transaction, any amounts outstanding under the
Loan Agreements will automatically convert into common shares of the Company at
a conversion price of $0.50 (post-consolidation) or such other price as the
Company completes its previously announced concurrent financing. In the event
the Proposed Transaction does not complete, the Company will have the right, at
its sole option, to convert any amounts outstanding under the Loan Agreements
into common shares of the Company at a conversion price equal to the minimum
price permitted by the TSX Venture Exchange. 


The Company intends to use the proceeds of the Debt Financing for working
capital and for costs related to the Proposed Transaction. All securities issued
pursuant to the Debt Financing will be subject to a statutory hold period of
four months and one day from the date of issuance. 


ON BEHALF OF WOODROSE CORPORATION

Darren Devine, President, CEO and Director

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.


Cautionary Note Regarding Forward-Looking Statements

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, included
herein including, without limitation, statements about the terms of the Debt
Financing and the use proceeds, are forward-looking statements. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements,
or other future events, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Forward-looking statements are made based on management's beliefs,
estimates and opinions on the date that statements are made and the respective
companies undertakes no obligation to update forward-looking statements if these
beliefs, estimates and opinions or other circumstances should change, except as
required by applicable securities laws. Investors are cautioned against
attributing undue certainty to forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Woodrose Corporation
Darren Devine
[phone]