CALGARY, ALBERTA (TSX VENTURE: LEY) announces that the Statement of Reserves Data and Other Oil and Gas Information, Form 51-101, has been filed on SEDAR (www.sedar.com).

Loon is an international oil and gas exploration and production company having direct interests in Brunei, Syria, Colombia, Peru and Slovenia and exposure to a major exploration and development program in Pakistan through its shareholding in Jura Energy Corporation. For further information, please refer to the Loon website (www.loon-energy.com).

Contacts: Loon Energy Inc. - Calgary, Canada Norman W. Holton Executive Chairman (403) 264-8877 Email: nholton@loon-energy.com Loon Energy Inc. - Dubai, UAE Timothy M. Elliott President and Chief Executive Officer +971-4-339-5212 Email: telliott@loon-energy.com Loon Energy Inc. - Dubai, UAE Jock M. Graham Executive Vice President +971-4-339-5212 Email: jgraham@loon-energy.com Website: www.loon-energy.com Brisco Capital Partners Corp. (Calgary) Gordon Aldcorn Investor Relations (403) 262-9888 Email: galdcorn@shaw.ca

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