Standard Exploration Ltd. (the "Corporation") (TSX VENTURE:SDE) announces that effective April 1, 2013, Vince Ghazar has been appointed as the new Chief Financial Officer and Vice President of Finance for the Corporation.

Mr. Ghazar is a professional accountant with over 17 years of domestic and international experience in the oil & gas industry. He has held executive and management positions with Exchange listed issuers which have been involved in growth, mergers, acquisitions and divestitures. Concurrently, Mr. Ghazar is Controller for Saccharum Energy Corp., a public oil and gas company. Mr. Ghazar's previous executive involvement has included Primera Energy Resources Ltd., PanWestern Energy Inc., Longford Energy Inc. and BrazAlta Resources Corp.

The Corporation is a Canadian based oil and gas corporation with operations in Alberta, Canada and is traded on TSX Venture Exchange. The Corporation's public filings may be found at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that terms is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Standard Exploration Ltd. Ronald P. Wiebe President & CEO (403)262-4450 www.standardexploration.com