DCK Donnycreek Energy

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES
OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS


Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports
that all contracts are now in place to begin flowing in early December 2012
natural gas and condensate from the Company's Kakwa 13-17-63-5 W6M horizontal
Montney discovery well (the "13-17 Well"). Donnycreek has a 25% working interest
plus 10% GORR on 75% working interest before payout; 50% working interest after
payout in the 13-17 Well. 


The Company's second horizontal Montney well; Kakwa 14 - 30 - 63 - 5 W6M (DCK:
50% working interest) was successfully completed in early November 2012 and
construction of well site facilities and pipeline to tie into the Company's
previously built mainline has commenced and is on schedule to be completed early
in the new year.


The Company has a 50% working interest in 16.75 gross (8.375 net) sections at
Kakwa, Alberta.


Donnycreek also reports that it has recently acquired an additional 48 gross
sections (36 net) of Montney petroleum and natural gas ("P&NG") rights, to now
hold 178 gross (133.5 net) sections prospective for Montney liquid rich natural
gas production at its Company operated Wapiti, Alberta play (DCK: 75% working
interest).


In addition, the Company has a 40% operated working interest in 33 gross (13.2
net) sections of Montney P&NG rights at Donnycreek's Chicken, Alberta property.


About Donnycreek Energy Inc.

Donnycreek Energy Inc. is a Calgary based public oil and gas company which holds
232 gross sections (59,392 hectares; 148,480 acres); 159 net sections (40,704
net hectares; 101,760 acres) of P&NG rights prospective for either Montney,
Bluesky, Wilrich and Falher liquid rich natural resource development in its 3
core areas: Kakwa, Wapiti and Chicken, all of which are located in the Deep
Basin area of west central Alberta. 


Further information relating to Donnycreek is also available on its website at
www.donnycreekenergy.com.


ON BEHALF OF THE BOARD OF DONNYCREEK ENERGY INC.

Malcolm F.W. Todd, Chief Executive Officer

ADVISORY ON FORWARD-LOOKING STATEMENTS: This news release contains certain
forward-looking information and statements ("forward-looking statements") within
the meaning of applicable securities laws. The use of any of the words "expect",
"anticipate", "continue", "estimate", "may", "will", "project", "should",
"believe", "plans", "intends" and similar expressions are intended to identify
forward-looking statements. In particular, but without limiting the foregoing,
this news release contains statements regarding the timing to begin flowing
natural gas and condensate from the 13-17 Well and the prospective zones for
development on the Company's lands. 


Forward-looking statements are based on a number of material factors,
expectations or assumptions of Donnycreek which have been used to develop such
statements and information but which may prove to be incorrect. Although
Donnycreek believes that the expectations reflected in these forward-looking
statements are reasonable, undue reliance should not be placed on them because
Donnycreek can give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. In particular, in addition
to other factors and assumptions which may be identified herein, no assurances
can be given respecting: whether the Company's exploration and development
activities respecting its prospects will be successful or that material volumes
of petroleum and natural gas reserves will be encountered, or if encountered can
be produced on a commercial basis; the ultimate size and scope of any
hydrocarbon bearing formations on its lands; that drilling operations on its
lands will be successful such that further development activities in these areas
are warranted; that Donnycreek's efforts to raise additional capital will be
successful; that Donycreek will continue to conduct its operations in a manner
consistent with past operations; results from drilling and development
activities will be consistent with past operations; the accuracy of the
estimates of Donnycreek's reserve volumes; the general stability of the economic
and political environment in which Donnycreek operates; drilling results; field
production rates and decline rates; the general continuance of current industry
conditions; the timing and cost of pipeline, storage and facility construction
and expansion and the ability of Donnycreek to secure adequate product
transportation; future commodity prices; currency, exchange and interest rates;
regulatory framework regarding royalties, taxes and environmental matters in the
jurisdictions in which Donnycreek operates; and the ability of Donnycreek to
successfully market its oil and natural gas products. 


Further, events or circumstances may cause actual results to differ materially
from those predicted as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the control of the
Company, including, without limitation: changes in commodity prices; changes in
the demand for or supply of the Company's products; unanticipated operating
results or production declines; changes in tax or environmental laws, royalty
rates or other regulatory matters; changes in development plans of Donnycreek or
by third party operators of Donnycreek's properties, increased debt levels or
debt service requirements; inaccurate estimation of Donnycreek's oil and gas
reserve and resource volumes; limited, unfavourable or a lack of access to
capital markets; increased costs; a lack of adequate insurance coverage; the
impact of competitors; and certain other risks detailed from time-to-time in
Donnycreek's public disclosure documents. Additional information regarding some
of these risk factors may be found under "Risk Factors" in the Company's
Management's Discussion and Analysis prepared for the year ended July 31, 2012.
The reader is cautioned not to place undue reliance on this forward-looking
statements. The forward-looking statements contained in this news release are
made as of the date hereof and Donnycreek undertakes no obligations to update
publicly or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Donnycreek Energy Inc.
Malcolm Todd
President and Chief Executive Officer
(604) 684-2356
(604) 684-4265 (FAX)
www.donnycreekenergy.com

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