GNF Greenfields Petroleum Corp

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Greenfields Petroleum Corporation ("Greenfields" or the "Company") (TSX
VENTURE:GNF)(TSX VENTURE:GNF.DB), an independent exploration and production
company with assets in Azerbaijan, is pleased to announce recent operational
results.


September 2013 Operating Highlights



--  The Company's estimated entitlement sales volumes from production for
    its net interest in the Bahar Project averaged 582 bbl/d and 6,654 mcf/d
    or 1,770 boe/d during August 2013, versus 519 bbl/d and 4,189 mcf/d or
    1,217 boe/d for the six months ended June 30, 2013. Gross production
    from the Bahar Project averaged 2,094 bbl/d and 23,327 mcf/d or 6,291
    boe/d during August 2013. As we continue to experience positive drilling
    and workover results in the Gum Deniz Oil Field and Bahar Gas Field, we
    remain confident that we will reach our gross production target of 6,944
    boe/d for the Bahar Project by year end 2013. 

--  Bahar Energy Operating Company progressed drilling operations on the Gum
    Deniz 714 well which reached TD on September 24, 2013, 60 days after
    spud date. This marks an improvement by approximately 30 days over
    previous wells and reflects the significant progress that the drilling
    team has made in understanding the most effective ways to drill
    development wells in the Gum Deniz Oil Field. Open hole logs recorded in
    the well indicate more than 230 meters of oil saturated pay in seven
    horizons from Horizon SP up through Horizon V. Pressure points taken
    using the formation testing tool indicated reservoir pressures in most
    of the main reservoirs to be near original pressure. The well will be
    completed in the SP horizon, produced for two days and then shut in for
    a pressure build-up test in order to determine permeability, skin and
    possible reservoir limits.

--  The PSG-3 drilling rig continues rigging operations on Platform 208 in
    the Gum Deniz Oil Field. Weather-related delays may cause the spud of
    the first well to slip to mid-November 2013. Seven wells are planned for
    Platform 208 to begin redevelopment on the eastern side of the Gum Deniz
    Oil Field. 

--  PGS-Khazar is in the final stages of preparation for the seismic
    acquisition project in Gum Deniz. All seismic acquisition and support
    vessels are now in Azerbaijan and recording operations are expected to
    commence within two weeks. A total of 200 square kilometers of full-fold
    3D seismic data are expected to be acquired over the next six months
    using four-channel sea bottom cable. Depending on weather, this timing
    could change.



About Greenfields Petroleum Corporation

Greenfields is a junior oil and natural gas corporation focused on the
development and production of proven oil and gas reserves principally in the
Republic of Azerbaijan. The Company plans to expand its oil and gas assets
through further farm-ins and acquisitions of Production Sharing Agreements from
foreign governments containing previously discovered but under-developed
international oil and gas fields, also known as "greenfields". More information
about the Company may be obtained on the Greenfields website at
www.greenfields-petroleum.com.


Forward-Looking Statements

The Company's press releases contain forward-looking information that involve
substantial known and unknown risks and uncertainties, most of which are beyond
the control of Greenfields, including, without limitation, those listed under
the headings "Risk Factors" in Greenfield's Annual Information Form, its
Management Information Circular and similar headings in the Company's
Management's Discussion & Analysis which may be viewed on www.sedar.com.
Forward-looking information in this press release may include, but is not
limited to, information concerning its future operations.


Should one or more of these risks or uncertainties materialize, or should
assumptions underlying the forward-looking information prove incorrect, actual
results, performance or achievements could vary materially from those expressed
or implied by the forward-looking information. Accordingly, prospective
investors should not place undue reliance on these forward-looking statements.
These forward-looking statements are made as of the date of this press release
and, other than as required by applicable securities laws, Greenfields does not
assume any obligation to update or revise them to reflect new events or
circumstances.


Notes to Oil and Gas Disclosures

Barrels of Oil Equivalent or "boe" may be misleading, particularly if used in
isolation. A boe conversion ratio of 6mcf: 1bbl is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead. The Company uses a 6mcf: 1bbl
ratio to calculate its share of entitlement sales from the Bahar project. The
production threshold of 6,944 boe to earn the full 25 year initial term of the
ERDPSA uses a 5.559 mcf: 1bbl conversion ratio per contract to measure total
field production toward this obligation.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Greenfields Petroleum Corporation
John W. Harkins
Chief Executive Officer
(832) 234-0836


Greenfields Petroleum Corporation
A. Wayne Curzadd
Chief Financial Officer
(832) 234-0835
info@greenfieldspetroleum.com
www.greenfields-petroleum.com

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