DENVER, CO, Sept. 14 /PRNewswire-FirstCall/ -- Lions Petroleum Inc. (the "Company") OTCBB:LPET - announces today that a Letter of Intent (LOI) has been signed for the acquisition of 26,635 acres of oil & gas leases located in SE Kansas. This includes the rights to all depths. Included in this acquisition are 26 coal bed methane wells that are in various stages of production and completion. This Letter of Intent also includes the acquisition of approximately 20 miles of 6-inch pipeline with compression and a tap into a main transport pipeline in SE Kansas. The total purchase price for this acquisition is $3,000,000.00 and has 90 days to close. A separate Letter of Intent (LOI) has also been signed for the acquisition of 1,336 acres of oil & gas leases in SE Kansas that has 14 coal bed methane wells in various stages of production and completion. This acreage is located close to the above-mentioned pipeline. The purchase price on this acquisition is $250,000.00 and will have 120 days to close. ABOUT LIONS OTCBB:LPET Lions Petroleum Inc. is a Delaware corporation that has oil and gas leases in Northern Alberta and the Williston Basin in South Saskatchewan. The Company has also signed an agreement to participate in a Texas gas project. The Company is currently seeking additional projects throughout North America. SAFE HARBOR The information provided in this Press Release does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of Lions Petroleum Inc. There are substantial risks associated with investing in development stage energy exploration companies. No Securities Commission or similar authority has in any way approved any of the information contained in this press release. CONTACT: Gordon Wiltse, 1-866-669-1533 (toll free North America). DATASOURCE: Lions Petroleum Inc. CONTACT: Gordon Wiltse, 1-866-669-1533 (toll free North America).

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