Magnum Energy Inc. Retains Boardmarker Group to Provide Investor Relations

Magnum Energy Inc. (The "Company" or "Magnum") (TSX VENTURE:MEN) is pleased to
announce the engagement of Dean Stuart of Boardmarker Group to provide investor
relations services.


Mr. Stuart is a Calgary-based investor relations individual who has been
providing investor relations activities for over 10 years to a number of Toronto
Stock Exchange and TSX Venture Exchange listed companies. Mr. Stuart will assist
the Company in the preparation of investor documents, provide introductions to
investment groups and individuals, and create and maintain an effective
communication strategy for interested parties.


Mr. Stuart holds a B.A. (economics) from the University of Calgary and was
previously employed by the Alberta Stock Exchange in the market surveillance
department.


Mr. Stuart will receive a fee of $7,500 per month plus the grant of 300,000
stock options at the current market price vesting according to TSX Venture
Exchange Policy. The term of the contract is one year subject to a review after
the first three months of the contract. Boardmarker Group and Dean Stuart are at
arm's-length to Magnum and do not own any securities in Magnum.


This agreement is subject to TSX Venture Exchange approval.

About Magnum Energy Inc.

Magnum is a junior oil and gas producer with operations located in the Western
Canadian Sedimentary Basin. The Company produces from operations in Alberta, and
maintains 100% ownership of the Sedalia gas facility in East-Central Alberta.