SAH Sahara Energy Ltd

Sahara Energy Ltd. (the "Corporation") (TSX VENTURE:SAH) announces that, further
to its press releases dated June 8, 2010 and August 27, 2010, and its proposal
dated June 4, 2010 pursuant to the Bankruptcy and Insolvency Act (Canada) (the
"Proposal"), the Corporation has undertaken steps to complete its debt
restructuring and reorganization through the consolidation of its shares, closed
the first tranche of its private placement (subject to regulatory approval)
announced on June 8, 2010 (the "Private Placement"), and has undertaken a change
in its directors.


Share Consolidation

The Corporation is pleased to announce that, as approved by the shareholders on
September 3, 2010, the Corporation has filed Articles of Amendment to
consolidate its Common Shares (the "Share Consolidation") on a one (1) for six
(6) basis, resulting in 6,339,384 Common Shares being issued and outstanding
following the Share Consolidation, but prior to the closing of the Private
Placement.


Private Placement

The Corporation announces that pursuant to its first closing of the proposed
Private Placement, it has issued 48,000,000 common shares (on a
post-consolidation basis) of the Corporation (the "Common Shares") at a price of
$0.05 per share, for gross proceeds to the Corporation of $2,400,000. China
Great United Petroleum Investment Co. Limited ("Great United"), of Wanchai, Hong
Kong, subscribed for and was issued 48,000,000 Common Shares, and, accordingly,
has become an Insider and a "Control Person" (as such term is defined in the
policies of the TSX Venture Exchange) of the Corporation. Great United is
controlled by Longhua Xie of Beijing, China. A finder's fee of 5,000,000
warrants (the "Finder Warrants") were issued to Elite Value Investments Ltd., an
arm's length party, in connection with the first closing of the Private
Placement. The Finder Warrants are exercisable until November 29, 2011 at an
exercise price of $0.05 per Finder Warrant. For acting as financial advisors to
the Corporation, Salman Partners Inc. and Qwest Investment Management Corp. were
each paid a cash fee of $125,000 and were each issued warrants entitling each
holder to acquire 2,500,000 Common Shares of the Corporation at an exercise
price of $0.05 per share until November 29, 2011.


The Corporation anticipates closing on the balance of the proposed Private
Placement in the amount of up to 10,000,000 Common Shares at a price of $0.05
per share for total proceeds of up to $500,000 by the end of this week.


Change of Directors

The Corporation is pleased to announce the appointment of Longhua Xie and
Yuedong Zhou (subject to regulatory approval) as directors of the Corporation.
The Corporation also announces the resignation of David Forrest as a director of
the Corporation due to other business commitments. The Corporation thanks David
for his service and the provision of his oil expertise and wishes him the best
of success in his future business endeavours.


From April, 2000 to May, 2002, Longhua Xie was President of Changshu District 7
Clothing Office, a commercial real estate investment and development company in
Jiangsu Province, China. From December, 2002 to June, 2005, Mr. Xie was
Vice-President of Changshu Global Clothing City, a commercial real estate
investment and development company in Jiangsu Province, China. Since May, 2005,
Mr. Xie has been President of Jiangsu's Spirit Industry Co., Ltd., a commercial
real estate investment and development company in Jiangsu Province, China, and
Chief Executive Officer of Changshu Jiulong Investment Limited in China. Mr. Xie
became the managing director of King World International Holdings Limited, an
investment holding company, in January, 2010.


Yuedong Zhou started his career at Southwest Sichuan Company of Petroleum & Gas
in Zigong, China in 1977. From January, 1982 to December, 1994, he worked as a
professor, director and executive dean at Xichang College, Sichuan Agricultural
University and Sichuan University, China. From January, 1995 to January, 2010,
Mr. Zhou worked as a visiting professor, research associate and program director
at the Missouri Botanical Garden, University of Missouri-St. Louis, Washington
University-St. Louis, University of Maryland-College Park, and the University of
Minnesota-Twin Cities. He also held administrative positions including director,
project manager and program co-ordinator at organizations including Seed Science
Society of Sichuan, Invention Society of China, The World Bank and UNDP-China
Programs. He has been serving as a senior adviser and representative to the
president at Great United Petroleum Holding Co., Ltd since 2005 and joined Great
United as a full time executive in February of 2010. He is vice president of the
company and president of American Operations.


The Common Shares issued to Great United are subject to a four month hold period
ending March 29, 2011.


China Great United Petroleum Investment Co., Limited is a private company
registered in Hong Kong, focusing on the investment in global oil & gas sector.

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