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File: 10-20-14 NR 3rd Q FINAL.pdf

                                 KINGSLAND ENERGY CORP.
                                       News Release

For immediate release                                                     October 20, 2014

Kingsland Energy Corp. (TSX-V:KLE) announces unaudited condensed consolidated interim
            financial results for the 3rd quarter period ended August 31, 2014

Kingsland Energy Corp. (the "Corporation" or "KLE"), is pleased to announce it has filed its
unaudited condensed consolidated interim financial statements ("Financial Statements") and related
management's discussion and analysis ("MD&A") for the 9 month period ended August 31, 2014
("Period") on SEDAR.

Selected financial and operational information is outlined below and should be read in conjunction
with the Financial Statements and related MD&A which are available for review at www.sedar.com.

The Corporation continues to leverage technologies, capabilities and relationships of its wholly
owned subsidiary EHR Enhanced Hydrocarbon Recovery Inc. ("EHR") to capitalize on attracted
international interest, most notably from Asia, where joint development and trials of enhanced oil
recovery technologies have been successfully completed and these processes are now being adapted
for application in Western Canadian reservoirs.

Growing international investment interest in the potential of EHR's capabilities has and continues to
introduce Kingsland to investment groups looking to support a technology driven approach to oil
production in Western Canada. The Corporation will continue to pursue investment from these
international interests and pursue commercial opportunities through the acquisition of working
interests, farm in or joint venture interest.

                                            Nine Month Period             Nine Month Period
                                            Ended Aug 31, 2014            Ended Aug 31, 2013


Revenues                                            $    119,075                  $        21,500
Loss for the period                                 $   (842,560)                 $     ((940,357)
Total Assets                                        $  5,419,270                  $    8,422,218
Total Liabilities                                   $   2,257,573                 $    3,617,380
Shares outstanding as of period end                   71,657,228                      70,214,371
Profit (loss) per Common Share                      $       (0.01)                $          (0.01)

Revenues for the Period are associated with consulting services, and other revenue. Revenue from
consulting services may occur from time to time as opportunities arise. The Corporation expects to
realize approximately $10,000 per month of consulting services over the next year.

Net loss and comprehensive loss for the Period was $842,560 compared to a loss of $940,357
(August 31, 2013). The specifics of the decrease in loss are primarily attributable to a reduction in
general and administrative cost offset by increased exploration and evaluation costs as well as
depletion, and amortization and sundry amounts.

Total assets for the Period were $5,419,270 versus $8,422,218 as at August 31, 2013. The net
decrease in assets is primarily attributed to the disposition of oil and gas properties combined with
 the lapse of certain non-strategic leases and adjustments of available for sale assets to anticipated fair
market value, amortization of property, equipment and intangibles as well as the reduction of current
liabilities.

As at August 31, 2014 current liabilities were $384,345 versus $202,070 as at August 31, 2013. The
increase is primarily attributable to an increase in short term financing and deferred revenues. Long
term liabilities for the Period were $1,873,228 as compared to $3,415,310 as at August 31, 2013.

Financial results have been prepared in accordance with International Financial Reporting Standard.

The information and opinions expressed herein involve known and unknown risks and uncertainties
that may cause the Corporation's actual results or outcomes to be materially different from those
anticipated and discussed herein. In assessing forward-looking statements contained herein, readers
are urged to read carefully all cautionary statements contained in these financial statements and
exhibits, and in those other filings with the Corporations' Canadian regulatory authorities as found in
`www.SEDAR.com'. Although we believe that the expectations reflected in our forward -looking
statements are reasonable, we cannot guarantee future results, levels of activity, performance or
achievements or other future events. We are under no duty to update any of our forward looking
statements after the date of this annual report, other than as required and governed by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
EXCHANGE ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE
RELEASE.
For more information:
Visit the Kingsland Energy website: www.kingslandenergy.com
Or contact:
Mr. Mark Kilback
Chief Executive Officer
Kingsland Energy Corp.
Telephone: (306) 359-3444
email: mark@kingslandenergy.com