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File: 04-27-2015 1st Q.pdf

                                   KINGSLAND ENERGY CORP.
                                         News Release

For immediate release                                                          April 27, 2015


Kingsland Energy Corp. (TSX-V:KLE) announces unaudited condensed consolidated interim
            financial results for the 1st quarter period ended February 28, 2015

Regina, Saskatchewan � Kingsland Energy Corp. (the "Corporation" or "KLE") today
announced its unaudited financial results for the first quarter period ended February 28, 2015.

During the period ending February 28, 2015 (the "Period"), the Corporation continued to develop
certain international interests into strategic long term relationships and financings. The Corporation
issued 1,051,190 common shares (at $0.18 per share) for gross proceeds of $189,214. These
common shares are subject to hold periods until April 5, 2015. Proceeds were used during and
subsequent to the Period to acquire an addition 28% of a private corporation producing
approximately 54boe/day from the Upper Shaunavon Formation near Gull Lake, Saskatchewan. The
private company also has approximately 8,500 additional acres of undeveloped land with potential
from the Cantuar and Upper Shaunavon interval. The assets are currently being evaluated for
financing, development of drilling locations and optimized water management programs to increase
production.

2015 Business Focus
The Corporation will continue to leverage the EHR Enhanced Hydrocarbon Recovery Inc. ("EHR")
assets and accomplishments to capitalize on attracted international interest. Throughout 2015, the
Corporation will rationalize its asset base to strategically position itself to develop these international
interests into commercial opportunities.

The Corporation continues to evaluate additional acquisitions with similar characteristic to the Gull
Lake assets to leverage technologies, capabilities and relationships of its wholly owned subsidiary
EHR and capitalize on established strategic long term partnerships for additional investment, joint
asset development.

The Corporation continues to rationalize its costs, non-core asset base and associated human
resource requirements necessary to pursue acquisitions and capture other commercial opportunities
in the current commodity market environment.

Growing international investment interest in the potential of EHR's capabilities has and continues to
introduce KLE to investment groups looking to support a technology driven approach to oil
production in Western Canada.

The Corporation will continue to pursue opportunities through acquisition, farm in or joint venture
initiative established to pursue asset opportunities whereby the EHR suite of technologies and
strategic relationships will increase reservoir recovery factors and position KLE with an opportunity
to develop a scalable, less capital intensive, means to develop lower cost heavy oil resource plays.
                                                                                   Three Month       Three Month Perio
--->d
                                                                                Period Ended Feb.   ended Feb. 28, 201
--->4
                                                                                     28, 2015

 Revenues                                                                   $            68,500     $        10,000
 Loss for the period                                                                  (120,201)            (267,282)
 Total Assets                                                                         5,450,558            5,500,926
 Current Liabilities                                                                  1,420,897             315,723
 Long Term Liabilities                                                                1,454,290            1,873,228
 Shares outstanding as of period end                                                74,732,228            71,657,228
 Profit (loss) per Common Share*                                                         (0.002)             (0.003)
*Based on the weighted average shares outstanding of 74,697,188 (2015) and 71,353,823 (2014)

Revenues for the Period are associated with consulting services. Revenue from consulting services
may occur from time to time as opportunities arise, but are not an ongoing source of revenues.
There are no revenues from oil and gas production for the Period. Revenues from oil and gas will
not resume until the Corporation acquires existing production, realizes revenue from the farm in
opportunities. Rents and other revenues arise from temporary rental of leased space as well as other
nonrecurring recoveries.

Net loss and comprehensive loss for the Period was $120,201 compared with a loss of $267,282
(Feb. 28, 2014). The decrease in loss is primarily attributable to a reduction in general and
administrative, and finance costs offset by an increase in consulting and other revenue.

Total assets for the Period were $5,450,558 versus $5,500,926as at February 28, 2014. The net
decrease in assets is attributed to the amortization of property, equipment and intangibles.

As at February 28, 2015 current liabilities were $1,420,897 versus $315,723 as at February 28, 2014.
The increase is primarily due to the reclassification of debt maturing in the current year.

Long term liabilities were $1,454,290 versus $1,873,228 as at February 28, 2014. The decrease is a
result of the new convertible debentures and the reclassification of a portion of debt to current
liabilities.

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