Mr. Dallas Duce reports

3MV ENERGY ANNOUNCES SECOND QUARTER 2015 RESULTS

3MV Energy Corp. has released its financial and operating results for the three- and six-month periods ended June 30, 2015. 3MV's unaudited financial statements and related management's discussion and analysis for the three- and six-month periods ended June 30, 2015, have been filed and are available on SEDAR and on the company's website.

3MV announces the following financial and operating highlights:

Operations

During the second quarter of 2015, the corporation focused on acquiring land parcels in southeast Saskatchewan in order to capitalize on opportunities presented by the current economic environment. The corporation is currently building an inventory of future economic drilling locations that it plans to exploit as commodity prices recover. The corporation and its joint venture partner spent minimal funds on its Fiske field during the quarter in order to conserve cash flow.

 
                                            Three months     Three months       Six months       Six months
                                                   ended            ended            ended            ended
                                           June 30, 2015    June 30, 2014    June 30, 2015    June 30, 2014
Average daily production
Crude oil and NGL (bbl/d)                          110.3             65.9            108.3             66.2
Natural gas (Mcf/d)                                 27.8             63.9             26.3             62.5
Total (boe/d)                                      114.9             76.6            112.7             76.6
Average sales prices
Crude oil and NGL ($/bbl)                          62.17           101.30            55.07            97.41
Natural gas ($/Mcf)                                 2.30             4.68             2.35             5.02
Operating netbacks ($/boe)
Average realized sales price                       60.22            91.12            53.47            88.26
Royalty expense                                     3.86             4.90             4.02             4.99
Operating and transportation expense               27.33            37.96            25.55            42.57
Operating netback(1)                               29.03            48.26            23.90            40.69
Financial (in thousands of dollars,
except per-share numbers)
Petroleum and natural gas revenues,
before royalties                              $      630       $      635        $   1,091        $   1,224
Funds used in operations(2)                         (242)             (62)            (523)             (77)
Per share -- basic and diluted                     (0.00)           (0.00)           (0.01)           (0.00)
Net earnings (loss)                                 (658)          (4,360)          (1,406)          (4,440)
Per share -- basic and diluted(3)                  (0.01)           (0.09)           (0.03)           (0.09)
Net debt (working capital)(4)                    (10,084)          (3,206)         (10,084)          (3,206)
Total assets                                      10,601           15,958           10,601           15,958

1. Operating netbacks (calculated on a per-unit basis as oil, gas and natural gas liquids revenues, less 
   royalties, transportation and operating costs) is not a recognized measure under IFRS (international
   financial reporting standards).
2. Funds generated by operations is not a prescribed IFRS measure and is calculated as oil, gas and natural 
   gas liquids revenues, less royalties, operating costs, general and administrative expenses, interest 
   expense, and current income taxes on a per-unit basis, multiplied by the total number of barrels produced 
   in the period. This is not a recognized measure under IFRS.
3. Net earnings (loss) per share is calculated using weighted average shares outstanding.
4. Net debt (working capital) is an industry term and is calculated as current assets less current liabilities, 
   and is not a recognized measure under IFRS.

Outlook

In the current environment of depressed global commodity prices, the corporation plans to be conservative moving forward -- working to conserve cash flow and to select drilling locations that are economically viable. The corporation plans to work with its joint venture partner to evaluate production results at Fiske with the goal of creating a long-term exploitation strategy. 3MV is also exploring potential accretive acquisitions, mergers and farm-in opportunities in Saskatchewan that are arising from the current economic state.

We seek Safe Harbor.