Mr. Archie Nesbitt reports

MARKSMEN INITIATES SHALLOW LIGHT OIL DRILLING PROGRAM IN OHIO

Marksmen Energy Inc. has completed its first 3-D seismic acquisition program in Ohio and is currently interpreting seismic data processed by two independent consultants in Colorado and Ohio and selecting drill sites.

The 3-D seismic survey has outlined numerous shallow Cambrian Knox formation light oil targets.

Based on Marksmen's interpretation of the 3-D seismic data and historical wildcat wells that produced light oil from Marksmen's target Cambrian Knox formation, Marksmen will initially permit the drilling of five vertical oil wells within the 3-D seismic area. Marksmen has received an initial AFE, which estimates drilling and completion costs to be under $300,000 per well.

As reported by the Ohio Department of Natural Resources Division of Oil and Gas Resources on Dec. 31, 2011, six wells completed in the Cambrian Knox formation, within 3.5 miles of Marksmen's 3-D survey, have produced more than 40,000 barrels of oil each, with an average of more than 90,000 barrels of oil and a maximum of more than 178,000 barrels of oil.

Marksmen and its joint venture operator are currently negotiating with drilling contractors, and drilling is expected to commence in a few weeks.

The company is continuing with its lease acquisition program in Ohio.

We seek Safe Harbor.