NOT FOR DISTRIBUTON TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Sure Energy Inc. (TSX:SHR) ("Sure Energy") and Tamarack Valley Energy Ltd.
("Tamarack" or the "Company") (TSX VENTURE:TVE) are pleased to announce that,
further to their joint news release on August 20, 2013, Sure Energy has
completed a bought deal private placement offering of 96,200,000 subscription
receipts ("Subscription Receipts") at a price of $0.26 per Subscription Receipt,
for aggregate gross proceeds of $25,012,000 (the "Offering").


The gross proceeds of the Offering will be held in escrow pending satisfaction
of certain conditions, including satisfaction of all conditions to the
completion of the previously announced plan of arrangement involving Tamarack,
1767001 Alberta Ltd. (a wholly-owned subsidiary of Tamarack), Sure Energy and
the shareholders of Sure Energy (the "Arrangement"). 


Under the Arrangement, each Subscription Receipt shall, without any further
action or payment on the part of the holder thereof, automatically be converted
into one common share of Sure Energy ("Sure Energy Share") which share shall be
subsequently cancelled in consideration for 0.105 of a common share of Tamarack
("Tamarack Share"). Accordingly, upon completion of the Arrangement, holders of
Subscription Receipts will ultimately receive Tamarack Shares. 


A syndicate of underwriters led by Dundee Capital Markets and including GMP
Securities L.P., National Bank Financial Inc., AltaCorp Capital Inc., Paradigm
Capital Inc., Peters & Co. Limited, RBC Dominion Securities Inc. and Acumen
Capital Finance Partners Limited acted as underwriters under the Offering.


The net proceeds of the Offering will be used to fund 2013 and 2014 capital
expenditures and for general corporate and working capital purposes of pro forma
Tamarack, post-closing of the Arrangement. 


Sure Energy and Tamarack are also pleased to announce that Sure Energy
anticipates making an application to the Court of Queen's Bench of Alberta on
September 9, 2013 for an interim order in respect of the Arrangement and that
the special meeting of holders of Sure Energy Shares to seek approval of the
Arrangement will be held on October 9, 2013 at 9:00 am in the Cardium Room at
the Calgary Petroleum Club. Sure Energy anticipates mailing the meeting
materials, including the Management Information Circular describing, among other
things, the Arrangement and the parties thereto, to the holders of Sure Energy
Shares on or about September 12, 2013.


About Tamarack Valley Energy Ltd.

Tamarack is an oil and gas company involved in the identification, evaluation
and operation of resource plays in the Western Canadian sedimentary basin. The
Company uses a rigorous, proven modeling process to carefully manage risk and
identify growth opportunities. Tamarack's diversified suite of oil-focused
assets provides exposure to the high impact Cardium light oil resource plays in
Lochend, Garrington/Harmattan and Buck Lake in Alberta, low cost Viking light
oil resource plays in Redwater, Foley Lake and Westlock in Alberta and highly
economic heavy oil opportunities southeast of Lloydminster in Saskatchewan.


About Sure Energy Inc. 

Sure Energy Inc. is a publicly traded oil and gas exploration and development
company listed on the Toronto Stock Exchange under the symbol "SHR".


Forward-Looking Information

This press release contains certain forward-looking information (collectively
referred to herein as "forward-looking statements") within the meaning of
applicable Canadian securities laws. Forward-looking statements are often, but
not always, identified by the use of words such as "anticipate", "believe",
"plan", "potential", "intend", "objective", "continuous", "ongoing",
"encouraging", "estimate", "expect", "may", "will", "project", "should", or
similar words suggesting future outcomes. More particularly, this press release
contains statements concerning the conversion of the Subscription Receipts under
the Arrangement, release of the subscription proceeds from escrow, timing of
matters related to the approval of the Arrangement and implementation thereof,
including the Sure Energy special meeting date, timing of mailing of the meeting
materials and timing of the interim order application, the completion of the
Arrangement and the anticipated use of proceeds from the Offering. The
forward-looking statements contained in this document are based on certain key
expectations and assumptions made by Sure and Tamarack relating to timing of
matters related to the timing and approval of the Plan of Arrangement and
implementation thereof, the Offering and the implementation thereof. Although
management considers these assumptions to be reasonable based on information
currently available to it, undue reliance should not be placed on the
forward-looking statements because Sure and Tamarack can give no assurances that
they may prove to be correct. 

By their very nature, forward-looking statements are subject to certain risks
and uncertainties (both general and specific) that could cause actual events or
outcomes to differ materially from those anticipated or implied by such
forward-looking statements. These risks include failure to obtain the required
shareholder, court, regulatory and other third party approvals in connection
with the Arrangement. This press release also contains forward-looking
information concerning the anticipated completion of the Arrangement and the
anticipated timing thereof. Tamarack and Sure Energy have provided these
anticipated times in reliance on certain assumptions that it believes are
reasonable, including assumptions as to the time required to prepare Sure Energy
meeting materials for mailing, the timing of receipt of the necessary regulatory
and court approvals and the satisfaction of and time necessary to satisfy the
conditions to the closing of the Arrangement. These dates may change for a
number of reasons, including unforeseen delays in preparing meeting materials,
inability to secure necessary regulatory or court approvals in the time assumed
or the need for additional time to satisfy the conditions to the completion of
the Arrangement. In addition, there are no assurances the Plan of Arrangement
will be completed. As a consequence, actual results may differ materially from
those anticipated in the forward-looking statements and readers should not place
undue reliance on the forward-looking information contained in this press
release. Forward looking statements in this news release include statements
regarding the conversion of the Subscription Receipts into Sure Energy Shares
and the subsequent cancellation thereof in consideration of Tamarack Shares
pursuant to the Arrangement. 


The forward-looking statements contained in this press release are made as of
the date hereof and Sure Energy and Tamarack do not undertake any obligation to
update publicly or to revise any of the included forward-looking statements,
except as required by applicable law. The forward-looking statements contained
herein are expressly qualified by this cautionary statement. 


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy securities in the United States, nor shall there be any sale of
the securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful. The Subscription Receipts, Sure Energy Shares and Tamarack
Shares have not been, and will not be, registered under the U.S. Securities Act
of 1933, as amended and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements.


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tamarack Valley Energy Ltd.
Brian Schmidt
President & CEO
(403) 263-4440


Tamarack Valley Energy Ltd.
Ron Hozjan
VP Finance & CFO
(403) 263-4440


Tamarack Valley Energy Ltd.
Bow Valley Square 4
3100, 250 - 6th Avenue SW, Calgary, AB T2P 3H7
(403) 263-4440
(403) 263-5551 (FAX)


Sure Energy Inc.
Jeff Boyce
CEO & Director
(403) 410-3100


Sure Energy Inc.
Chris Baker
President
(403) 410-3100


Sure Energy Inc.
Lance Wirth
CFO
(403) 410-3100


Sure Energy Inc.
1100, 606 - 4th Avenue SW
Calgary, AB T2P 1T1
(403) 410-3100
(403) 410-3111 (FAX)