Border Announces Exploration Results and CEE Expenditure Status

Border Petroleum Corp. ("Border" or the "Corporation") (TSX VENTURE:BOR) is
pleased to announce results of the drilling and completion operations that
utilized its remaining CEE obligations. Border participated in the drilling of
one well (100% WI) and two well completions (100% and 30% WI) which are
described in more detail below.


Wilrich Zone Completion at Tomahawk, Central Alberta

Border incurred 100% of the cost to complete the Wilrich zone in a vertical well
located at LSD 1-20-52-7W5 in the Tomahawk area of Central Alberta. Results
exceeded expectations in that during 130 hours of clean-up after fracture
stimulation, flow increased to a relatively stable rate of 30.5 M3/d (1,080
mcf/d).


Border earned a 60% working interest in the section of land (640 acres) on which
the well is located.


Test Well at Conrad Property, SE Alberta

Border incurred 100% of the drilling costs of a well located at LSD 3-32-5-15W4
in the Conrad area of south eastern Alberta. The well was drilled as a vertical
strat test that was subsequently sidetracked for use as a future Sawtooth
horizontal well.


Border earned a 60% working interest in the target zone on the quarter section
of land on which the well was drilled.


Cutbank Zone Completion at Montgomery, Southwestern Alberta

Border incurred 30% of the cost to complete the Cutbank zone in a vertical well
located at LSD 1-16-12-29 W4 in the Montgomery area of south western Alberta.
The well stabilized at a rate of approximately 13.0 M3/d (450mcf/d).


Border earned a 30% working interest in the completed well.

CEE Expenditures

As a result of the expenditures described above, Border was able to meet the CEE
expenditure commitments related to the flow through agreements entered into in
September 2012.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Border Petroleum Corp.
Steve Thompson
COO
[phone]


Border Petroleum Corp.
John Aihoshi
CFO
[phone]


Border Petroleum Corp.
Al Kroontje
Interim CEO
[phone]
[phone] (FAX)