The special committee (the "Committee") of the Board of Directors (the "Board")
of Xemplar Energy Corp. (the "Company") (TSX
VENTURE:XE)(FRANKFURT:E7R)(NAMIBIA:XEM) announced that, further to its press
release of October 31, 2012, it has yesterday filed a petition on behalf of the
Company before the Supreme Court of British Columbia seeking several orders
including confirmation that the record date and meeting date for the previously
announced requisitioned meeting of shareholders (the "Meeting") are December 6,
2012 and February 4, 2013, respectively.


The Board duly established the Committee to oversee all matters relating to the
requisition (the "Requisition") received from Fursa Master Global Event Driven
Fund LP ("Fursa"), an entity controlled by William Harley III, a director of the
Company. The Special Committee consists of all directors of the Company except
Mr. Harley.


On behalf of the Special Committee of the Board of Directors of

XEMPLAR ENERGY CORP.

Ron Mitchell, Chairman and Director

Certain statements contained in this press release may include forward-looking
information with respect to the Company's operations and future financial
results. Such statements are based on current expectations, are subject to a
number of uncertainties and risks, and actual results may differ materially from
those contained in such statements. Further information can be found in the
disclosure documents filed by the Company at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Xemplar Energy Corp.
(604) 687-4191
(604) 871-9926 (FAX)
info@xemplar.com
www.xemplar.ca

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