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Press release from CNW Group

Marquee Energy Ltd. announces grant of options

Friday, October 12, 2012

Marquee Energy Ltd. announces grant of options17:12 EDT Friday, October 12, 2012CALGARY, Oct. 12, 2012 /CNW/ - Marquee Energy Ltd. (the "Company") (TSXV: MQL) announced today that options to acquire an aggregate of 1,310,000 common shares have been granted to certain officers, employees and consultants of the Company at a price of $0.94 per common share.The option grants are subject to the approval of, and the Company fulfilling the requirements of, the TSX Venture Exchange.Additional Information about Marquee Energy Ltd.Marquee Energy Ltd. is a publicly traded Calgary-based growth oriented junior oil and gas company currently focused on high rate of return oil and liquids rich gas production in Alberta. Additional information about Marquee may be found in its continuous disclosure documents filed with Canadian securities regulators at www.sedar.com. Marquee intends to continue to grow the company organically and through strategic acquisitions in each of its core areas.Neither the 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.SOURCE: Marquee Energy Ltd.For further information: Marquee Energy Ltd. Richard Thompson President & Chief Executive Officer  (403) 817-5561 RThompson@marquee-energy.com Roy Evans Vice President, Finance & Chief Financial Officer (403) 817-5568 REvans@marquee-energy.com or visit the Company's website at www.marquee-energy.com.