Mr. Steve Harding reports

KICKING HORSE ENERGY INC. ANNOUNCES SECURITYHOLDER AND COURT APPROVALS OF THE PLAN OF ARRANGEMENT WITH ORLEN UPSTREAM CANADA LTD.

Kicking Horse Energy Inc. has received securityholder and court approval for the previously announced plan of arrangement pursuant to which Orlen Upstream Canada Ltd. will acquire all the issued and outstanding common shares of Kicking Horse. Pursuant to the arrangement, Kicking Horse shareholders will receive $4.75 cash for each common share of Kicking Horse held. The arrangement was approved by: (i) shareholders and optionholders of Kicking Horse holding greater than 99 per cent of the securities of Kicking Horse who voted on the arrangement; and (ii) shareholders of Kicking Horse holding greater than 99 per cent of the common shares of Kicking Horse who voted on the arrangement after excluding the vote cast by such persons whose votes were required to be excluded in determining minority approval of a business combination under Multilateral Instrument 61-101 (protection of minority securityholders in special transactions).

The arrangement is expected to be completed on Dec. 1, 2015.

We seek Safe Harbor.