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Press release from Marketwire

AvenEx Energy Corp. Closes Sale of Elbow River Marketing Business

Friday, February 15, 2013

AvenEx Energy Corp. Closes Sale of Elbow River Marketing Business13:08 EST Friday, February 15, 2013CALGARY, ALBERTA--(Marketwire - Feb. 15, 2013) - AvenEx Energy Corp. ("AvenEx") (TSX:AVF) is pleased to announce that it has completed its previously announced sale of the assets of Elbow River Marketing Limited Partnership ("Elbow River") to a wholly owned subsidiary of Parkland Fuel Corporation ("Parkland") (TSX: PKI) for Cdn.$80 million, subject to final closing adjustments. An electronic copy of this press release may be obtained on AvenEx's SEDAR profile at www.sedar.com.AvenEx was created to provide stable, sustainable dividends to shareholders while providing modest growth and is focused on oil and gas development and production. AvenEx trades on the Toronto Stock Exchange under the symbol AVF. For further information on AvenEx please go to our website at: www.avenexenergy.com. FOR FURTHER INFORMATION PLEASE CONTACT: The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Contact Information: AvenEx Energy Corp.William GallacherPresident & CEO(403) 237-9949AvenEx Energy Corp.Gary H. DundasVice-President, Finance and CFO(403) 237-9949AvenEx Energy Corp.Suite 300, 808 - 1st Street S.W.Calgary, Alberta T2P 1M9(403) 237-0903 (FAX)www.avenexenergy.com