Westbridge Prepares to Drill and Attracts New Partners at Wharton County Field

Westbridge Energy Corporation (TSX
VENTURE:WEB)(PINKSHEETS:WEGYF)(FRANKFURT:PUQ1) ("Westbridge" or the "Company")
and Black Pearl Holdings, LLC ("Black Pearl") are pleased to announce the
contracting of a rig to drill the Wharton County #3 ("WC#3") well at the Wharton
County Field, Wharton County, Texas and the securing of two new farm-in
partners. Westbridge and Black Pearl are also pleased to announce the resolution
of a probate related matter and the leasing of all lands required to move
forward with drilling the WC#3 well. 


Drilling Rig Secured for Wharton County #3 Well

Westbridge and Black Pearl have secured a drilling rig to complete a development
well at the Wharton County Field from Coastal Drilling LLC. The rig is scheduled
to spud the well during the week of June 16th. This 1,000 horsepower rig is
anticipated to reach the target total depth of 10,000-feet in approximately 14
days. Thereafter, the completion of the well will take approximately an
additional 7 days. All engineering and onsite operations associated with the
well are being managed by Traton Engineering, a full service engineering and
consulting firm with expertise in all phases of oil and gas operations
throughout the world. 


The WC#3 well will target the Lower Frio section stratigraphically trapped
against the Boling Salt Dome. Based on detailed technical analysis, Westbridge
and Black Pearl anticipate a large portion of the 50 foot section of reservoir
sand will be saturated with light oil and capable of achieving high flow rates.
This expectation is based on an initial production rate of 236 barrels of oil
per day from the Wharton County #1 ("WC#1") well on an 8/64ths choke before the
well watered out due to mechanical problems associated with the completion. 


The project is located approximately 50 miles southwest of Houston, Texas and
contains all the necessary infrastructure required to monetize both the oil and
gas. In addition to the WC#3 well, the Wharton County Field potentially has 5 to
6 follow-up drilling locations.


New Partners at Wharton County Field

Westbridge has entered into a binding agreement alongside Black Pearl whereby
Westbridge and Black Pearl will convey a 10% working interest in the Wharton
County Field to Texas Onshore AB ("TX Onshore") and an additional 10% working
interest to MEO Petroleum, LLC ("MEO"). In combination with the 10% conveyance
announced on March 18, 2014 and the 30% conveyance announced on March 31, 2014,
Westbridge now controls a 20% working interest and Black Pearl controls a 20%
operating interest in the Wharton County Field. 


Pursuant to the terms of the transaction, Westbridge and Black Pearl will each
receive half of a 5.0% back-in right after the payout from the WC#3 well. After
taking into account the back-in rights of the previously announced and current
transactions, Westbridge will hold a 27.5% working interest and Black Pearl a
27.5% operating interest in the Wharton County Field. TX Onshore and MEO will
each fund their proportionate share of all lease and drilling costs going
forward as well as pay an entry fee of US$20,000. These funds will be applied to
the cost of the WC#3 well.


As a result of these transactions, Westbridge will now fund 40% of the upcoming
drilling costs associated with the WC#3 well. 


Management Commentary

Mr. Tosan Omatsola, President and CEO of Westbridge, comments: "Westbridge and
Black Pearl are pleased to be working with Traton Engineering and welcome the
new partners to the Wharton County Field. Our ability to attract experienced and
competent industry partners is testament to the merits of this field and its
potential to produce high quality oil." 


About Traton Engineering

Traton Engineering is a full service engineering and consulting firm with
expertise in all phases of petroleum operations throughout the world. Traton's
engineers provide their clients with engineering services from initial drilling
design through long-term reservoir management. Drilling, production, and
completions supervisors supported by engineering and clerical personnel are
capable of lending expertise to any situation encountered. Traton's personnel
have extensive experience in generating well programs and cost estimates for
drilling, completion, and workover operations for single or multi-well projects
in any locale, at any depth. The company has successfully engineered and
supervised hundreds of projects in various producing regions, both domestically
and internationally.


About Texas Onshore AB

Texas Onshore AB was founded in 2005 by the brothers Thord and Ulf Lernesjo,
both with more than 17 years of experience in the US oil and gas industry. Today
the company has more than 1,000 shareholders and has been listed on the
Stockholm stock exchange since 2012. Texas Onshore, Inc., a subsidiary of Texas
Onshore AB, is responsible for U.S. operations. The company's operations and
assets in the United States are in Texas, Wyoming and Louisiana.


About MEO Petroleum, LLC 

MEO is a privately-owned Texan entity controlled by Dr. Ebi Omatsola. Dr.
Omatsola has over 40 years of international oil and gas experience and is one of
the most renowned African oil and gas explorationists having found over 3
billion barrels of oil and gas equivalent during his career. Dr. Omatsola has
worked at leading firms including Shell, ENI and Conoil. Dr. Omatsola is
currently the Vice-Chairman of Conoil Producing. He holds BSc, MSc and PhD
degrees in Geology from the Universities of Ibadan, Nigeria, the University of
Stockholm and Uppsala University in Sweden respectively. Dr. Omatsola is
currently a Distinguished Advisor to Westbridge. 


For additional information readers are invited to review additional corporate
and property information available at Westbridge's website at: 


www.westbridgeweb.com 

On behalf of Westbridge Energy Corporation, 

Tosan Omatsola, President and Chief Executive Officer

Darren Collins, Vice President, Business Development

Neither 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. 


Forward-Looking Statements 

This news release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and "forward
looking information" within the meaning of the British Columbia Securities Act,
the Alberta Securities Act and the Ontario Securities Act. Generally, the words
"expect", "intend", "estimate", "will" and similar expressions identify
forward-looking information. By their very nature, forward-looking statements
are subject to known and unknown risks and uncertainties that may cause our
actual results, performance or achievements, or that of our industry, to differ
materially from those expressed or implied in any of our forward looking
information. Statements in this press release regarding Westbridge's business or
proposed business, which are not historical facts, are forward-looking
information that involve risks and uncertainties, such as estimates and
statements that describe Westbridge's future plans, objectives or goals,
including words to the effect that Westbridge or management expects a stated
condition or result to occur. Since forward-looking statements address events
and conditions, by their very nature, they involve inherent risks and
uncertainties. Actual results in each case could differ materially from those
currently anticipated in such statements. Investors are cautioned not to place
undue reliance on forward-looking statements, which speak only as of the date
they are made. All of the Company's Canadian public disclosure filings may be
accessed via www.sedar.com and readers are urged to review these materials,
including the technical reports filed with respect to the Company's oil and gas
properties. The foregoing commentary is based on the beliefs, expectations and
opinions of management on the date the statements are made. The Company
disclaims any intention or obligation to update or revise forward-looking
information, whether as a result of new information, future events or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Westbridge Energy Corporation
Tosan Omatsola
President and Chief Executive Officer
+1 604 638 9378
tomatsola@westbridgeweb.com


Westbridge Energy Corporation
Darren Collins
Vice President, Business Development
+1 604 638 9378
dcollins@westbridgeweb.com
www.westbridgeweb.com
Montello Resources Ltd (Tier2) (TSXV:MEO)
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