Forent Completes $1.1 Million of Non-Brokered Private Placements

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Forent Energy Ltd. (TSX VENTURE:FEN) ("Forent" or the "Company") is pleased to
report that it has raised $1.1 million through two previously announced
non-brokered private placements of flow-through common shares (the "Flow-Through
Shares") and common shares by way of closes on December 31, 2013 and January 29,
2014.


Forent closed on gross proceeds of $485,000, consisting of $124,000 from the
issuance of Flow-Through Shares at $0.10 per share and $361,000 from the
issuance of common shares at $0.08 per share. This closing, combined with the
closing on December 31, 2013, provides gross proceeds of $1,090,000 to the
Company. The Company intends to complete a second tranche closing on its common
share offering next week.


The proceeds from the private placements will be used to fund crude oil
development expenditures, which will qualify as renounceable exploration
expenses, on the central Alberta properties that were acquired in October 2013
and general and administrative expenses of the Corporation. The common shares
issued pursuant to the private placements have a four month hold period from the
date of issue and remain subject to the final approval of the TSX Venture
Exchange.


Forent has approximately 187,318,215 common shares issued and outstanding which
trade on the TSX Venture Exchange under the symbol "FEN".


ADVISORY: Certain information in this news release, including the anticipated
closing of the Private Placement, the use of the proceeds to incur Canadian
Exploration Expenses, and the drilling of wells at the Company's Wayne, Twinning
and Montgomery properties, constitute forward-looking statements under
applicable securities laws. Although Forent believes that the expectations
reflected in these forward looking statements are reasonable, undue reliance
should not be placed on them because Forent can give no assurance that they will
prove to be correct. Since forward looking statements address future events and
conditions, by their very nature they involve inherent risks and uncertainties.
The closing of the Private Placement could be delayed if Forent is not able to
obtain the necessary stock exchange approval on the timeline it has planned. The
Private Placement will not be completed at all if this approval is not obtained
or some other condition to the closing is not satisfied. Accordingly, there is a
risk that the Private Placement will not be completed within the anticipated
time or at all. The forward-looking statements contained in this news release
are made as at the date of this news release and the Corporation does not
undertake any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.


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: 
Forent Energy Ltd.
Richard Wade
President & CEO
[phone] #211
[e-mail]


Forent Energy Ltd.
Brad R. Perry
CFO
[phone] #208
[e-mail]
www.forentenergy.com