Petrichor Updates Regarding Financing

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


Petrichor Energy Inc. (TSX VENTURE:PTP)(FRANKFURT:YQN) (the Company or PTP)
announces that it anticipates closing its private placement for gross proceeds
up to $4,550,000 (the "Financing") by May 30, 2014, subject to acceptance by the
TSX Venture Exchange, not May 21, 2014 as previously announced. 


ON BEHALF OF THE BOARD

Joe DeVries, Chief Executive Officer

The securities referred to in this news release have not been, nor will they be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold within the United States or to, or for the account or
benefit of, U.S. persons absent U.S. registration or an applicable exemption
from the U.S. registration requirements.


This news release does not constitute an offer for sale of securities for sale,
nor a solicitation for offers to buy any securities. Any public offering of
securities in the United States must be made by means of a prospectus containing
detailed information about the company and management, as well as financial
statements.


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: 
Petrichor Energy Inc.
Joe DeVries
Chief Executive Officer
[phone]
[phone] (FAX)
www.petrichorenergy.com