Angle Energy Inc. declares a significant increase to its 2012 year-end oil reserves and top tier capital efficiencies in its oil reserve additions. The Company also announces the addition of M. Scott Bratt, an experienced financial executive, to its Board of Directors.

The following highlights are calculated using the estimated and unaudited financial results of 2012, pro forma the Edson gas asset disposition which closed on January 9, 2013. Additional reserve information as required under NI 51-101 will be included in the Company's Annual Information Form which will be filed on SEDAR by March 31, 2013. GLJ Petroleum Consultants "GLJ), an independent reserve engineering firm, evaluated Angle's December 31, 2012 reserves.

"Angle's 2012 drilling program concentrated on Cardium light oil assets which provide recycle ratios of over 2.0 times." said Gregg Fischbuch, Chief Executive Officer. "This follows our strategy of focusing on more profitable production, with a barrel of oil currently being worth approximately five times more than a "barrel of oil equivalent" of natural gas."

Tags: Angle Energy Inc.