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Greenfields Petroleum Corporation (the "Company" or "Greenfields") (TSX
VENTURE:GNF), an independent exploration and production company with assets in
Azerbaijan, announces that it has confirmed 422 feet and 193 feet of behind-pipe
pay thickness based on cased hole production logs in the first two of its
thirty-six planned recompletions in the Gum Deniz oil field. Greenfields
participates in the Bahar Exploration, Rehabilitation, Development and
Production Sharing Agreement through its 33.33%-owned joint venture, Bahar
Energy Limited ("BE"), and BE's operating subsidiary, Bahar Energy Operating
Company Limited ("BEOC"). 


Cased hole logging (PNN & Carbon/Oxygen) has been completed on wells #464 and
#449. In well #464, four zones (X, IX, VIII and VI) have been confirmed to have
approximately 422 feet of behind-pipe pay thickness from the cased hole logging
program. In well #449, three zones (IX, VIII and VI) have been confirmed to have
approximately 193 feet of behind-pipe pay from the cased hole logging program.


During the next thirty days, completion activities will be underway to test the
various zones in each well. In well #464, completion of zones X and IX are set
to be tested together and then later evaluations of zones VIII and VI will be
made. In well #449, Zone IX will be the only zone to be completed. BE intends to
evaluate zones VIII and VI at a later date.


As previously announced, BEOC has contracted two new western-style workover
rigs, the first to arrive before year-end and the second in early 2012. After
these two rigs arrive, Greenfields intends to proceed with twenty-four
recompletions in the subsequent twelve-month period in the Gum Deniz oil field
and the Bahar gas field.


About Greenfields Petroleum Corporation 

Greenfields is an oil and natural gas corporation focused on the development and
production of proven oil and gas reserves principally in the Republic of
Azerbaijan. The Company plans to expand its oil and gas assets through further
farm-ins and acquisitions of Production Sharing Agreements from foreign
governments containing previously discovered but under-developed international
oil and gas fields, also known as "greenfields". More information about the
Company may be obtained on the Greenfields website at
www.greenfields-petroleum.com.


Forward Looking Statements

The Company's press releases contain forward-looking information that involve
substantial known and unknown risks and uncertainties, most of which are beyond
the control of Greenfields, including, without limitation, those listed under
the headings "Risk Factors" in Greenfield's Annual Information Form and in the
Company's Management's Discussion & Analysis which may be viewed on
www.sedar.com. Forward-looking information in this press release may include,
but is not limited to, information concerning its future operations. 


Should one or more of these risks or uncertainties materialize, or should
assumptions underlying the forward-looking information prove incorrect, actual
results, performance or achievements could vary materially from those expressed
or implied by the forward-looking information. Accordingly, prospective
investors should not place undue reliance on these forward-looking statements.
These forward-looking statements are made as of the date of this press release
and, other than as required by applicable securities laws, Greenfields does not
assume any obligation to update or revise them to reflect new events or
circumstances.