DCK Donnycreek Energy

Further to its press release dated February 10, 2014, Donnycreek Energy Inc.
("Donnycreek" or the "Company") (TSX VENTURE:DCK) provides updated production
guidance for the 2014 calendar year.


Calendar 2014 Guidance

As announced yesterday, in calendar 2014, Donnycreek anticipates participating
in 8 wells at Kakwa (average 50% working interest) and 2 wells at Wapiti (75%
working interest). Total net capital expenditures are estimated to be $52.2
million; of which $49.1 million is for drilling and completions and $3.1 million
is for equip and tie-in. The calendar 2014 program will be funded through cash
on hand, cash flow and possibly debt. Donnycreek's current net production is
approximately 1,400 boe/day (49% condensate; 51% natural gas). 


Donnycreek is updating its estimated production for calendar 2014 to average
1,700 boe/d with an anticipated exit rate remaining at approximately 2,500 boe/d
(49% condensate; 51% natural gas). Donnycreek is also updating its forecasts
cash flow from operations to approximately $32.5 million in calendar 2014.


Note: The foregoing is based on: (a) the Company's 5th, 6th and 7th wells being
on-stream in February 2014; the Company's 8th and 9th wells being on-stream in
June 2014; the Company's 10th and 11th wells being on-stream in July 2014; and
the Company's 12th and 13th wells being on-stream in December 2014; and (b) the
following pricing and exchange assumptions by McDaniel & Associates Consultants
Ltd. for 2014 (as at January 1, 2014):




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WTI Crude Oil              Alberta AECO Spot Price              CAN$ to US$
$US/bbl                                   $C/MMBtu            Exchange Rate
---------------------------------------------------------------------------
95.00                                         4.00                     0.95
---------------------------------------------------------------------------



Certain information set out herein may be considered as "financial outlook"
within the meaning of applicable securities laws. The purpose of this financial
outlook is to provide readers with disclosure regarding Donnycreek's reasonable
expectations as to the anticipated results of its proposed business activities
for the periods indicated. Readers are cautioned that the financial outlook may
not be appropriate for other purposes. 


Donnycreek is a Calgary based public oil and gas company which holds
approximately 438 gross (313 net) sections of petroleum and natural gas rights,
with an average working interest of approximately 70%, prospective primarily for
Montney liquid rich natural gas resource development all of which are located in
the Deep Basin area of west-central Alberta.


Further information relating to Donnycreek is also available on its website at
www.donnycreekenergy.com.


ON BEHALF OF THE BOARD OF DONNYCREEK ENERGY INC.

Malcolm F.W. Todd, President and Chief Executive Officer

ADVISORY ON FORWARD-LOOKING STATEMENTS: This news release contains certain
forward-looking information and statements ("forward-looking statements") within
the meaning of applicable securities laws. The use of any of the words "expect",
"anticipate", "continue", "estimate", "may", "will", "project", "should",
"believe", "plans", "intends" and similar expressions are intended to identify
forward-looking statements. In particular, but without limiting the foregoing,
this news release contains statements concerning future well participation,
estimated 2014 net capital expenditures and estimated oil and gas production
levels and associated cash flows.


Forward-looking statements are based on a number of material factors,
expectations or assumptions of Donnycreek which have been used to develop such
statements and information but which may prove to be incorrect. Although
Donnycreek believes that the expectations reflected in these forward-looking
statements are reasonable, undue reliance should not be placed on them because
Donnycreek can give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Further, events or
circumstances may cause actual results to differ materially from those predicted
as a result of numerous known and unknown risks, uncertainties, and other
factors, many of which are beyond the control of the Company, including, without
limitation;

whether the Company's exploration and development activities respecting its
prospects will be successful or that material volumes of petroleum and natural
gas reserves will be encountered, or if encountered can be produced on a
commercial basis; the ultimate size and scope of any hydrocarbon bearing
formations on its lands; that drilling operations on its lands will be
successful such that further development activities in these areas are
warranted; that Donnycreek will continue to conduct its operations in a manner
consistent with past operations; results from drilling and development
activities will be consistent with past operations; the general stability of the
economic and political environment in which Donnycreek operates; drilling
results; field production rates and decline rates; the general continuance of
current industry conditions; the timing and cost of pipeline, storage and
facility construction and expansion and the ability of Donnycreek to secure
adequate product transportation; future commodity prices; currency, exchange and
interest rates; regulatory framework regarding royalties, taxes and
environmental matters in the jurisdictions in which Donnycreek operates; and the
ability of Donnycreek to successfully market its oil and natural gas products;
changes in commodity prices; changes in the demand for or supply of the
Company's products; unanticipated operating results or production declines;
changes in tax or environmental laws, changes in development plans of Donnycreek
or by third party operators of Donnycreek's properties, increased debt levels or
debt service requirements; inaccurate estimation of Donnycreek's oil and gas
reserve and resource volumes; limited, unfavourable or a lack of access to
capital markets; increased costs; a lack of adequate insurance coverage; the
impact of competitors; and certain other risks detailed from time-to-time in
Donnycreek's public disclosure documents. Additional information regarding some
of these risks, expectations or assumptions and other factors may be found under
in the Company's Annual Information Form for the year ended July 31, 2013 and
the Company's Management's Discussion and Analysis prepared for the year ended
July 31, 2013. The reader is cautioned not to place undue reliance on these
forward-looking statements. The forward-looking statements contained in this
news release are made as of the date hereof and Donnycreek undertakes no
obligations to update publicly or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, unless so required
by applicable securities laws.


In this news release the calculation of barrels of oil equivalent (boe) is
calculated at a conversion rate of six thousand cubic feet (6 mcf) of natural
gas for one barrel (bbl) of oil based on an energy equivalency conversion
method. Boes may be misleading particularly if used in isolation. A boe
conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion
method primarily applicable to the burner tip and does not represent a value
equivalency at the wellhead. Given that the value ratio based on the current
price of crude oil as compared to natural gas is significantly different from
the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be
misleading as an indication of value.


Measurement and Abbreviations



----------------------------------------------------------------------------
Bbls   Barrels                           MMBtu Million British Thermal Units
----------------------------------------------------------------------------
Boe/d  Barrels of oil equivalent per day WTI   West Texas Intermediate      
----------------------------------------------------------------------------



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 NEWS RELEASE.



FOR FURTHER INFORMATION PLEASE CONTACT: 
Donnycreek Energy Inc.
Malcolm Todd
President and Chief Executive Officer
(604) 684-2356
(604) 684-4265 (FAX)
www.donnycreekenergy.com

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