Mr. Andrew Rees reports

WELLSTAR ENERGY CORP. ANNOUNCES DELAYS IN FILING ANNUAL FINANCIAL STATEMENTS

The filing of Wellstar Energy Corp.'s annual financial statements for the year ended Jan. 31, 2016, including the related management's discussion and analysis, and chief executive officer and chief financial officer certifications, will not be filed by the required filing deadline of May 30, 2016.

Additional time is needed by the company's auditor to complete certain audit procedures in connection with the company's 2015 acquisition of Nexxtep Resources Ltd., a privately held oil and gas company with operations in southwestern Saskatchewan and Alberta. Nexxtep Resources is now a wholly owned subsidiary of the company.

The company has applied to the applicable securities regulatory authorities and has received a management cease trade order related to the company's securities to be imposed against all of the persons who are currently directors or officers of the company to trade securities of the company. The management cease trade order will be in effect until the annual financial filings are filed.

Until the annual financial filings are filed, the company intends to provide information in accordance with National Policy 12-203 (cease trade orders for continuous disclosure defaults).

We seek Safe Harbor.