Donnycreek Kakwa Liquids-Rich Montney Exploratory Well Update

Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports
that its fifth horizontal middle Montney natural gas well at Kakwa 5-23-63-6 W6M
(the "5-23 Well") has been successfully completed and tested. Following the
multistage fracture stimulation, the 5-23 Well (50% working interest) flowed on
cleanup recovering approximately 36% of the estimated 47,000 barrels of water
used in the slick water hydraulic stimulation. The 5-23 Well was flow-tested for
approximately 170 hours. During the final 24 hours of flow-back, the 5-23 Well
produced against anticipated gathering system pressure of approximately 2,000
kPa and averaged gross production rates of approximately 1,433 boe/d consisting
of 815 bbl/d condensate and approximately 3,700 mscf/d natural gas (408 bbl/d
condensate and 1,850 mscf/d natural gas, or 716 boe/d combined, net to
Donnycreek). 


The 5-23 Well is an exploration well drilled 2 miles west of the Company's
existing Montney production. The success of this well proves condensate rich
reserves exist deeper than originally predicted.


Facilities and pipeline work will begin immediately to tie-in production from
the 5-23 Well into existing Company owned (50% working interest) infrastructure,
including the 16-7-63-5 W6M compressor station and condensate stabilization
facility (the "16-7 Facility"). Construction of the 16-7 Facility is underway
and is on schedule for facility start-up in December 2013.


The Company advises that production test results are not necessarily indicative
of the long-term performance or of ultimate recovery from the 5-23 Well. 


Improvements in well design continue to be made and Donnycreek's sixth
horizontal Montney Kakwa well (50% working interest) at 16-25-63-5 W6M (the
"16-25 Well") has reached total depth. The 16-25 Well was spud on September 10,
2013 and reached a total measured depth of 4,680 metres in the middle Montney
after 33.5 days of drilling, approximately 11 drilling days less than the other
Company interest Kakwa horizontal Montney wells. Production casing is now being
run in the 16-25 Well. Donnycreek expects completion operations to begin on the
16-25 Well in November 2013.


The Company's next 50% working interest horizontal middle Montney well is
expected to spud in November 2013 from a surface location at 16-8-63-5 W6M with
a bottom hole location at 16-17-63-5 W6M (the "16-17 Well"). Donnycreek and its
partners plan to drill the 16-17 Well and 3 additional horizontal middle Montney
wells in which Donnycreek has a 50% working interest through June 2014.


At Wapiti, the Company is awaiting final surface approval before licensing and
spudding its previously reported 75% operated working interest stratigraphic
Montney test well. The well will be drilled from a location at 13-26-64-8 W6M
and will log and evaluate the Montney formation and is programmed to allow for
the well to be kicked off horizontally. Donnycreek holds a 75% working interest
in 365 gross sections of P&NG rights at Wapiti.


Donnycreek is a Calgary based public oil and gas company which holds
approximately 438 gross (313 net) sections of petroleum and natural gas rights,
with an average working interest of approximately 70%, prospective primarily for
Montney liquid rich natural gas resource development all of which are located in
the Deep Basin area of west central Alberta.


Further information relating to Donnycreek is also available on its website at
www.donnycreekenergy.com.


ON BEHALF OF THE BOARD OF DONNYCREEK ENERGY INC.

Malcolm F.W. Todd, President and Chief Executive Officer

ADVISORY ON FORWARD-LOOKING STATEMENTS: This news release contains certain
forward-looking information and statements ("forward-looking statements") within
the meaning of applicable securities laws. The use of any of the words "expect",
"anticipate", "continue", "estimate", "may", "will", "project", "should",
"believe", "plans", "intends" and similar expressions are intended to identify
forward-looking statements. In particular, but without limiting the foregoing,
this news release contains statements concerning the timing of the 16-7 Facility
start-up, the timing of rig release and commencement of completion operations
for the 16-25 Well, the timing of the spud of the Company's 16-17 Well, the
drilling of 3 additional horizontal middle Montney wells through June 2014, the
drilling of a stratigraphic Montney test well at Wapiti and the primary
prospective zone for development on the Company's lands. 


Forward-looking statements are based on a number of material factors,
expectations or assumptions of Donnycreek which have been used to develop such
statements and information but which may prove to be incorrect. Although
Donnycreek believes that the expectations reflected in these forward-looking
statements are reasonable, undue reliance should not be placed on them because
Donnycreek 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. Further, events or
circumstances may cause actual results to differ materially from those predicted
as a result of numerous known and unknown risks, uncertainties, and other
factors, many of which are beyond the control of the Company, including, without
limitation: whether the Company's exploration and development activities
respecting its prospects will be successful or that material volumes of
petroleum and natural gas reserves will be encountered, or if encountered can be
produced on a commercial basis; the ultimate size and scope of any hydrocarbon
bearing formations on its lands; that drilling operations on its lands will be
successful such that further development activities in these areas are
warranted; that Donnycreek will continue to conduct its operations in a manner
consistent with past operations; results from drilling and development
activities will be consistent with past operations; the general stability of the
economic and political environment in which Donnycreek operates; drilling
results; field production rates and decline rates;

the general continuance of current industry conditions; the timing and cost of
pipeline, storage and facility construction and expansion and the ability of
Donnycreek to secure adequate product transportation; future commodity prices;
currency, exchange and interest rates; regulatory framework regarding royalties,
taxes and environmental matters in the jurisdictions in which Donnycreek
operates; and the ability of Donnycreek to successfully market its oil and
natural gas products; changes in commodity prices; changes in the demand for or
supply of the Company's products; unanticipated operating results or production
declines; changes in tax or environmental laws, changes in development plans of
Donnycreek or by third party operators of Donnycreek's properties, increased
debt levels or debt service requirements; inaccurate estimation of Donnycreek's
oil and gas reserve and resource volumes; limited, unfavourable or a lack of
access to capital markets; increased costs; a lack of adequate insurance
coverage; the impact of competitors; and certain other risks detailed from
time-to-time in Donnycreek's public disclosure documents. Additional information
regarding some of these risks, expectations or assumptions and other factors may
be found under in the Company's Revised Annual Information Form and Management's
Discussion and Analysis prepared for the year ended July 31, 2012. The reader is
cautioned not to place undue reliance on these forward-looking statements. The
forward-looking statements contained in this news release are made as of the
date hereof and Donnycreek undertakes no obligations to update publicly or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise, unless so required by applicable securities laws.


In this news release the calculation of barrels of oil equivalent (boe) is
calculated at a conversion rate of six thousand cubic feet (6 mcf) of natural
gas for one barrel (bbl) of oil based on an energy equivalency conversion
method. Boes may be misleading particularly if used in isolation. A boe
conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion
method primarily applicable to the burner tip and does not represent a value
equivalency at the wellhead. Given that the value ratio based on the current
price of crude oil as compared to natural gas is significantly different from
the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be
misleading as an indication of value.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Donnycreek Energy Inc.
Malcolm Todd
President and Chief Executive Officer
(604) 684-2356
(604) 684-4265 (FAX)
www.donnycreekenergy.com
Donnycreek Energy (TSXV:DCK)
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