Sahara Energy Ltd.: Consolidation of Common Shares and Name Change

Sahara Energy Ltd. (the "Corporation") (TSX VENTURE:SAH) (PINK SHEETS:SAHRF)
announces that it filed, on November 23, 2009, its audited annual financial
statements, annual management discussion and analysis and certification of
annual filings for the year ended December 31, 2008.


The Corporation will be placing before its shareholders at its Annual and
Special Meeting to be held December 22, 2009 (the "Meeting") a special
resolution (the "Share Consolidation Resolution") authorizing the Corporation to
file articles of amendment to provide for the consolidation of the issued and
outstanding Common Shares of the Corporation on the basis of one (1)
post-consolidation Common Share for up to a maximum of every four (4)
pre-consolidation Common Shares (the "Consolidation"). The Consolidation
requires passing by the requisite number of shareholders of the Share
Consolidation Special Resolution at the Meeting and requires the TSX Venture
Exchange acceptance of the Consolidation. If the Share Consolidation Resolution
is passed, the directors of the Corporation will have the authority to revoke it
before it is acted upon. The Corporation currently has issued and outstanding
38,036,302 Common Shares. In order to attract equity financing to meet the
Corporation's working capital requirements and in order to fund future
acquisitions, the directors consider it advisable to consolidate the Common
Shares as outlined above.


In addition to the proposed Consolidation, the Corporation will be placing
before its shareholders a special resolution to approve the change of name of
the Corporation.


About Sahara Energy Ltd.

The Corporation is a junior oil and gas company focused on the exploration and
development of oil and gas in Western Canada.


READER ADVISORY

Certain statements regarding Sahara Energy Ltd., including management's
assessments of future plans and operations, may constitute forward-looking
statements under applicable securities laws and necessarily involve known and
unknown risks and uncertainties, most of which are beyond the Corporation's
control. These risks may cause actual financial and operating results,
performance, levels of activity and achievements to differ materially from those
expressed in, or implied by, such forward-looking statements.


Such factors include, but are not limited to: the impact of general economic
conditions in Canada and the United States; industry conditions including
changes in laws and regulations including adoption of new environmental laws and
regulations, and changes in how they are interpreted and enforced; competition;
the lack of availability of qualified personnel; fluctuations in commodity
prices; the results of exploration and development drilling and related
activities; imprecision in reserve estimates; the production and growth
potential of the Corporation's various assets; fluctuations I foreign exchange
or interest rates; the ability to access sufficient capital from internal and
external sources; and obtaining required approvals of regulatory authorities.
Accordingly, the Corporation gives no assurance nor makes any representations or
warranty that the expectations conveyed by the forward-looking statements will
prove to be correct and actual results may differ materially from those
anticipated in the forward-looking statements. The Corporation undertakes no
obligation to publicly update or revise any forward-looking statements.