SNDD RedHawk Holdings Corporation (CE)

Independence Energy Corp. (OTCBB: IDNG) (the "Company" or "Independence Energy") is pleased to announce that the Company has acquired an additional 5% interest in the producing Quinlan Lease oil wells in Oklahoma. Following the completion of this transaction, Independence Energy holds a 10% interest in the lease area.

"Substantial development progress has taken place on the Quinlan Lease since the Company's original purchase of its first 2.5% interest in the project in December 2011. Our subsequent increase to a 5% and now to a 10% interest in the project is in line with our strategy to generate revenue and build financial stability through investment in producing oil and gas assets with significant upside," stated Mr. Gregory C. Rotelli, CEO and President of Independence Energy. "Overall production levels from the current Quinlan wells are expected to increase considerably over the next several months as the project operator continues their recompletion program and considers several development drilling opportunities."

The Quinlan Lease area is comprised of 3 productive oils wells and 1 salt water disposal well located on 120 acres in Pottawatomie County, Oklahoma. The historic oil field was originally discovered in 1937 and has produced in excess of 5.8 million barrels of oil from 19 wells from primarily the 1st. Wilcox Sand and the Hunton Limestone with secondary production from the Simpson Dolomite and the Viola Limestone formations. Recent recompletion work conducted on the wells included the re-entry of Quinlan #1 which is expected to double its production capability and testing of Quinlan #3 for installation of a submersible lift pump to manage the high volume of fluid for injection into the Quinlan #4 salt water disposal well.

Further updates regarding Independence Energy Corp. will be made as additional information becomes available.

About Independence Energy Corp.

Independence Energy Corp. is an oil and gas exploration and development company focused on projects in the United States. Independence Energy is seeking to further advance its existing projects through development or offset drilling and to expand its portfolio to include additional property interests in the United States.

Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the expectations of considerable increase in production from the Quinlan wells. The words "plan", "forecast", "anticipate", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Independence Energy Corp. herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Independence Energy Corp. disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

For additional information, contact; LiveCall Investor Relations for Independence Energy Corp. Mr. Gerry Belanger Investor Contact (800) 976-4490 info@independenceenergycorp.com www.independenceenergycorp.com