Silk Road Energy Inc. Announces Closing of Initial Public Offering

Silk Road Energy Inc. ("Silk Road Energy" or the "Corporation") (TSX
Venture:SLK.P) is pleased to announce that it has successfully completed its
initial public offering ("Offering") raising gross proceeds of $604,250 pursuant
to a prospectus dated November 25, 2011. An aggregate of 6,042,500 Common shares
in the capital of the Corporation (the "Shares") were subscribed for at a price
of $0.10 per Share. The Corporation has received conditional listing approval
from the TSX Venture Exchange (the "Exchange") for its Shares and expects that
trading will commence on January 6, 2012 under the stock symbol SLK.P.


Mackie Research Capital Corporation (the "Agent") acted as the agent for the
Offering. The Agent received a cash commission equal to 10% of the gross
proceeds of the Offering and an option to purchase 604,250 Shares at a price of
$0.10 per Share for a period of 24 months from the date of listing of the Shares
on the Exchange. The Agent also received a corporate finance fee.


Upon closing of the Offering, Silk Road Energy granted 934,250 incentive stock
options to its directors and officers which are exercisable within ten years
from the date of the grant at an exercise price of $0.10 per Share. As a result
of the closing of its initial public offering, Silk Road Energy now has
9,342,500 Shares issued and outstanding (3,300,000 of which are subject to
escrow restrictions).


About the Corporation

Silk Road Energy is a capital pool company ("CPC") within the meaning of the
policies of the Exchange that has not commenced commercial operations and has no
assets other than cash. The board of directors of Silk Road Energy consists of
Jonathan Lexier, Zulfikar Rashid, Vladimir Katic and Patrick Devlin. The
officers of the Corporation are Vladimir Katic and Patrick Devlin. Except as
specifically contemplated in the Exchange CPC policy, until the completion of
its Qualifying Transaction, the Corporation will not carry on business, other
than the identification and evaluation of companies, business or assets with a
view to completing a proposed Qualifying Transaction.


Forward Looking Information

This news release contains statements about Silk Road Energy's expectations
regarding the completion of the application for listing and the commencement of
trading on the Exchange that are forward-looking in nature and, as a result, are
subject to certain risks and uncertainties, such as final listing approval from
the Exchange. Although Silk Road Energy believes that the expectations reflected
in these forward-looking statements are reasonable as Silk Road Energy assumes
it will be able to fulfill the terms of the conditional listing approval granted
by the Exchange, undue reliance should not be placed on them as actual results
may differ materially from the forward-looking statements. Factors that could
cause the actual results to differ materially from those in forward-looking
statements include failure to fulfill conditions of listing and inability to
obtain required regulatory approvals. The forward-looking statements contained
in this press release are made as of the date hereof, and Silk Road Energy
undertakes no obligation to update publicly or revise any forward-looking
statements or information, except as required by law.


This news release does not constitute an offer to sell or a solicitation of any
offer to buy the common shares in the United States. The common shares have not
been and will not be registered under the U.S. Securities Act of 1933 and may
not be offered or sold in the United States absent registration or an applicable
exemption for the registration requirements of such Act.

Silk Road Energy (TSXV:SLK.P)
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