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File: WSE-NR 16-01 Acquisition January 25, 2016.docx

Suite 700, 903 - 8th Ave S.W., Calgary, Alberta, Canada 
T2P 0P7
 TSX-V: WSE  Frankfurt:W6V1
T403.261.7949
F403.261.9698
www.wellstarenergy.com
 
 /

NEWS RELEASE 16-01
WellStar Announces Signing Letter of Intent for Alberta Acquisition  
Calgary, AB, January 25, 2016 - WELLSTAR ENERGY CORP. (TSX-V: WSE) ("WellStar", or the "Company") announced today that
---> it has signed a letter of intent ("LOI") to acquire an undivided 50% working interest in producing lands in west-cent
--->ral Alberta by issuance of shares and warrants.

The acquisition contemplates the Company issuing the vendor 750,000 shares at a deemed value of $0.10 per WellStar sha
--->re and granting 500,000 share purchase warrants exercisable at a price of $0.05 per share for a 48 months from closing
--->. The effective date of the transaction will be October 1, 2015 with the expected closing on or before February 15, 20
--->16.

The acquisition will include three wells on three quarter sections in the Rosevear Field northeast of Edson, Alberta. 
--->The wells are offset by new production from the Cardium formation drilled in 2015. One of the three acquisition wells 
--->is currently on production at approximately net 4 barrels per day to the Company.

WellStar's President & CEO Andrew H. Rees stated "Management is pleased to execute an LOI for a share based acquisitio
--->n at a valuation significantly above the current share price and at favourable acquisition metrics. Although productio
--->n is small, it provides positive cash flow in the current depressed oil price environment. Our technical team believes
---> there is significant upside potential for drilling Cardium and Second White Speck wells on the leases."

The acquisition is subject to TSX Venture Exchange approval.


For further information please contact Andrew H Rees at (403) 919-7900.

ON BEHALF OF THE BOARD

(signed) "Andrew H. Rees" Andrew H. Rees President 


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 this release.

Except for historical information contained herein, this news release contains forward-looking statements that involve
---> risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities l
--->aws, the Company will not update these forward-looking statements to reflect events or circumstances after the date he
--->reof. More detailed information about potential factors that could affect financial results is included in the documen
--->ts filed from time to time with the Canadian securities regulatory authorities by the Company. 

THE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESS RELEASE PRESENT THE EXPECTATIONS OF THE COMAPNY AS OF THE DATE 
--->HEREOF AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE.  READERS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON F
--->ORWARD-LOOKING STATEMENTS.