Significant Western Block Prospective Resources Confirmed

Rampart Energy Ltd is pleased to announce the results of a prospective resources assessment of the Company’s Western Block, located onshore North Slope of Alaska.

The assessment was conducted by global independent expert Netherland, Sewell & Associates Inc. (NSAI) following completion of preliminary interpretation of two prospects identified in the “Big Bend” 3D seismic data.

Additional prospects exist and are subject to ongoing seismic interpretation and analysis, including Amplitude vs Offset (AVO) studies. The Company anticipates that an updated prospect resources assessment will be undertaken on the full prospect inventory upon completion of this work.

The Rosetta prospect is the largest feature, regarded by the Western Block Joint Venture as the current lead candidate for drilling. The prospect extends over a large area and exhibits similar characteristics to nearby oil discoveries, including apparent seismic Direct Hydrocarbon Indicators (DHIs) such as anomalous seismic amplitudes, flat spots and Amplitude vs Offset (AVO) anomalies.

Managing Director, Torey Marshall commented “We are very pleased with NSAI’s assessment of the Western Block, which validates the Joint Venture’s opinion of the block’s potential for hosting significant oil discoveries. I am particularly excited about the Rosetta prospect, which we currently expect will be the priority target for drilling in the forthcoming winter season.”

Chairman Gavin Harper added “This result is attributable to the excellent work completed by the small, dedicated Rampart/Royale team. Independent verification of significant prospective resources within the Western Block is an important deliverable for Rampart Energy, which helps to position the Company favourably as we progress towards the 2015 drilling season and beyond.”