SPE Spartan Energy Corp

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS


Spartan Energy Corp. (TSX VENTURE:SPE) ("Spartan" or the "Corporation") is
pleased to announce the completion of its previously announced rights offering
to shareholders of Spartan (the "Rights Offering"). Under the rights offering,
holders of common shares of Spartan ("Common Shares") subscribed for and
purchased an aggregate of 2,153,633 Common Shares at a price of $0.60 per Common
Share (after taking into account the effects of the consolidation of the Common
Shares which took effect on February 28, 2014), resulting in gross proceeds to
the Corporation of approximately $1.3 million. The proceeds of the Rights
Offering will be used by the Corporation for capital expenditures, including
funding a portion of the Corporation's 2014 drilling program, and for general
corporate purposes. 


About Spartan

Spartan Energy Corp. is a Calgary, Alberta based company engaged in the oil and
gas exploration and development industry. The Corporation's Common Shares are
listed on the TSX Venture Exchange under the trading symbol "SPE".


Forward-Looking and Cautionary Statements

This news release may include forward-looking statements including opinions,
assumptions and estimates. When used in this document, the words "will,"
"anticipate," "believe," "estimate," "expect," "intent," "may," "project,"
"should," and similar expressions are intended to be among the statements that
identify forward-looking statements. The forward-looking statements are founded
on the basis of expectations and assumptions made by Spartan.


Forward-looking statements are subject to a wide range of risks and
uncertainties, and although Spartan believes that the expectations represented
by such forward-looking statements are reasonable, there can be no assurance
that such expectations will be realized.


Any number of important factors could cause actual results to differ materially
from those in the forward -looking statements including, but not limited to,
regulatory and third party approvals not being obtained in the manner or timing
anticipated, the ability to implement corporate strategies, the state of
domestic capital markets, the ability to obtain financing, changes in general
market conditions and other factors more fully described from time to time in
the reports and filings made by Spartan with securities regulatory authorities.


Except as required by applicable laws, Spartan does not undertake any obligation
to publicly update or revise any forward-looking 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 news release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Spartan Energy Corp.
Richard (Rick) McHardy
President and Chief Executive Officer
403.265.6444
403.264.1348 (FAX)
info@spartanenergy.ca


Spartan Energy Corp.
Michelle Wiggins
Vice President, Finance and Chief Financial Officer
: 403.265.6444
403.264.1348 (FAX)
info@spartanenergy.ca

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