PTP Petrichor Energy Inc

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Petrichor Energy Inc. (FRANKFURT:YQN)(TSX VENTURE:PTP) (the "Company" or "PTP")
announces that it has negotiated, subject to acceptance by the TSX Venture
Exchange (the "Exchange"), a non-brokered private placement to raise gross
proceeds of up to $3,000,000 through the issuance of up to 12,000,000 Units (the
"Units") at a price of $0.25 per Unit, each Unit consisting of one common share
and one share purchase warrant (the "Warrants"). Each Warrant will entitle the
holder thereof to purchase one common share of the Company for a period of two
years from the date of issuance at a price of $0.35 per share, provided that in
the event that the weighted average closing price of the Company's shares on the
Exchange equals or exceeds $0.70 during any 20 consecutive trading days
commencing four (4) months after the date of issuance of the Warrants, then the
Company may within 30 days of such an occurrence give notice in writing to the
holders of the Warrants that the Warrants shall expire at 5:00 p.m. (Vancouver
time) on the 20th business day following delivery of such notice unless
exercised by the holders of the Warrants prior to such time. 


Proceeds raised from the private placement will be used towards the acquisition
and development of the Company's oil and gas properties, and for general working
capital. 


The Company may pay finders' fees in connection with the private placement in
accordance with the rules and policies of the TSX Venture Exchange. 


Convertible Debenture Financing and Marble Falls Property Acquisition Update:

Further to the Company's news release dated June 7, 2013, Petrichor anticipates
closing its previously announced convertible debenture financing on or about
September 27, 2013, subject to satisfaction of certain conditions, including
receipt of final acceptance from the Exchange. The first quarterly interest
payment under the convertible debentures would be December 31, 2013. 


Completion of the convertible debenture financing will be subject to completing
the Marble Falls acquisition, and the Company plans to close the two
transactions concurrently. Proceeds from the convertible debenture financing
will also be used towards general working capital.


Upon receipt of confirmation from the Exchange that it may do so, the Company
will attend to SEDAR filing a National Instrument 51-101 Report that has been
prepared regarding the Marble Falls property. 


Both the convertible debenture financing and the Marble Falls acquisition remain
subject to receipt of acceptance by the Exchange. 


ON BEHALF OF THE BOARD

Joe DeVries, Chief Executive Officer

The securities referred to in this news release have not been, nor will they be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold within the United States or to, or for the account or
benefit of, U.S. persons absent U.S. registration or an applicable exemption
from the U.S. registration requirements.


This news release does not constitute an offer for sale of securities for sale,
nor a solicitation for offers to buy any securities. Any public offering of
securities in the United States must be made by means of a prospectus containing
detailed information about the company and management, as well as financial
statements.


Neither the 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. 


This news release includes certain forward-looking statements or information.
All statements other than statements of historical fact included in this
release, including, without limitation, statements relating to the completion of
unit and convertible debenture financings and the completion of the Marble Falls
acquisition, and other future plans, objectives or expectations of the Company
are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated
in such statements. Important factors that could cause actual results to differ
materially from the Company's plans or expectations include risks relating to:
availability of capital and financing required to complete the contemplated
private placements and to continue the Company's exploration programs and
operations; general economic, market or business conditions; the actual results
of current and planned exploration activities; fluctuating commodity prices;
risks associated with participation agreements, leases, joint ventures and the
ability to conclude such agreements on favourable terms; possibility of
accidents, equipment breakdowns and delays during exploration and production;
cost overruns or unanticipated costs and expenses; regulatory changes and
restrictions including in relation to environmental liability; timeliness of
government or regulatory approvals and other risks detailed herein and from time
to time in the filings made by the Company with securities regulators. The
Company expressly disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future events
or otherwise except as otherwise required by applicable securities legislation.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Petriochor Energy Inc.
Joe DeVries
Chief Executive Officer
(604) 336-8615
(604) 718-2808 (FAX)
www.petrichorenergy.com

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