PETRO ONE ENERGY CORP.

1300-1111 West Georgia Street
Vancouver, BC V6E 4M3
Telephone: 604 566 9089
Toll free: 877 566 9089
Facsimile: 604 564 8003
PetroOneEnergy.com
Twitter.com/PetroOneEnergy
TSX-V: POP Frankfurt: C6K1

PETRO ONE ENERGY CORP. APPLIES TO EXTEND WARRANTS

November 27, 2013 VANCOUVER, BC - Petro One Energy Corp. (the "Company") (TSX-V: POP; Frankfurt: C6K1) is applying to the TSX Venture Exchange for consent to extend the exercise term of certain outstanding share purchase warrants by two years.

On December 22, 2011, the Company distributed 4,440,005 units at the price of $0.60 per unit by way of non-brokered private placement. Each unit was comprised of one common share and one-half of a common share purchase warrant. The Company issued an additional 256,381 finders' warrants in connection with the private placement. Each warrant is currently exercisable to purchase one common share for $0.80 at any time prior to 4:30 p.m. on December 22, 2013. The Company now intends to apply to the Exchange for permission to extend the exercise term of the warrants and finders' warrants to December 22, 2015. The Company will not be seeking a reduction of the exercise price of any warrants. The proposed amendment to the warrant terms is subject to acceptance by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
"Peter Bryant"
President & Director
For further information, please visit the company's website at PetroOneEnergy.com, follow the Company's tweets at Twitter.com/PetroOneEnergyand contact Jeff Stuart of King James Capital Corporation, handling Investor Relations for the Company, by telephone at (604) 805 0375 or by email at jstuart@kingjamescapital.com.

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.

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