DKR Jericho Oil Corporation

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Mr. Allen Wilson, President and CEO of Dakar Resource Corp. ("Dakar" or the
"Company") (TSX VENTURE:DKR) announces that the Company has relinquished its
option to acquire the NAP copper-gold-silver-zinc exploration property, located
40 kilometers south of Kamloops B.C. The Company's phase two exploration program
results on the NAP property were announced on November 29, 2012.


Dakar remains focused on completing its acquisition of Proteus Energy
Corporation ("Proteus"). The Proteus acquisition and concurrent financing (the
"Transaction") was initially announced November 6, 2012. Full updated
particulars of the Transaction were announced on December 20, 2012. Haywood
Securities Inc and Emerson Equity LLC, co-agents for the minimum $5.0 million,
maximum $6.0 million, financing component of the Transaction are in the process
of completing due diligence on the Transaction.


Closing of the Transaction

The Transaction will result in a change of control of Dakar. The Transaction is
considered an arm's length transaction. A finder's fee may be paid in connection
with the Transaction. Closing of the Transaction is subject to certain closing
conditions, including approval of the TSX Venture Exchange ("TSX-V"), approval
of Dakar shareholders and Proteus shareholders holding at least 90% of the
issued and outstanding Proteus shares being parties to the definitive share
purchase agreement.


Completion of the transaction is subject to a number of conditions, including
TSX-V acceptance, Dakar shareholder approval and Proteus shareholders holding at
least 90% of the issued and outstanding Proteus shares being parties to the
definitive share purchase agreement. The transaction cannot close until, among
other conditions, the required shareholder approval is obtained. There can be no
assurance that the transaction will be completed as proposed or at all.


Investors are cautioned that, except as disclosed in the Filing Statement to be
prepared in connection with the transaction, any information released or
received with respect to the RTO may not be accurate or complete and should not
be relied upon. Trading in the securities of Dakar Resource Corp. should be
considered highly speculative.


The TSX Venture Exchange has in no way passed upon the merits of the proposed
transaction and has neither approved nor disapproved the contents of this press
release.


ON BEHALF OF THE BOARD

Allen Wilson, President, C.E.O. and Director

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of 1995
and Canadian securities laws. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual events and results to differ materially from Dakar's
expectations include risks related to the exploration stage of Dakar's project;
market fluctuations in prices for securities of exploration stage companies; and
uncertainties about the availability of additional financing.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dakar Resource Corp.
Allen Wilson
President, C.E.O. and Director
(604) 240-4349
(604) 681-4760 (FAX)

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