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DXA Doxa Energy Ltd

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Share Name Share Symbol Market Type
Doxa Energy Ltd TSXV:DXA 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 -

Doxa Extends Warrant Expiry Dates

01/05/2012 9:52pm

Marketwired Canada


Doxa Energy Ltd. (TSX VENTURE:DXA)(OTCBB:DXAEF)(FRANFURT:5D0) ("Doxa" or the
"Company") announces that it will extend the expiry date of an aggregate
2,602,500 outstanding share purchase warrants. The subject warrants were
originally issued on May 18, 2010 with original expiry date of two years. The
new expiry date will provide a one year extension. The warrants continue to be
exercised at their original exercise price.


The amendment to the terms of the warrants is subject to TSX Venture Exchange
approval and any regulatory approvals.


About Doxa Energy Ltd.

Doxa Energy Ltd. develops and maintains a portfolio of producing and developing
conventional and unconventional assets, including the Eagle Ford Shale Oil Play
in South Texas, and the recently announced acreage acquisition in the
Mississippian Oil Play of northern Oklahoma. 


John D. Harvison, President, Chief Executive Officer 

Statements in this press release other than purely historical information,
including statements relating to the Company's future plans, objectives or
expected results, constitute forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to the risks and
uncertainties inherent in the Company's business, including risks inherent in
oil and gas exploration and development, and uncertainties in connection with
anticipated commodity prices for oil and natural gas, growth of worldwide market
demand, exploration capital requirements, length of asset life and availability
of qualified personnel, among others As a result, actual results may vary
materially from those described in the forward-looking statements.


All references in this press release to BOE are based on a 6 Mcf to 1 Bbl
conversion ratio. BOE's may be misleading particularly if used in isolation. A
BOE conversion of 6 Mcf to 1 Bbl is based on the energy equivalency conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.


This new release does not constitute an offer to sell or the solicitation of an
offer to buy any securities of the Company in the United States. The securities
of Doxa have not been registered under the U.S. Securities Act of 1933, as
amended, or any state securities laws, and may not be offered or sold in the
United States or to or for the account or benefit of a U.S. person unless so
registered or pursuant to an available exemption from the registration
requirements of such Act or laws.


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