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File: EDOCS-#79496-v1-WVR_News_Release_Phat_City_Well_Pad_Completion_(Final_Version)_-_April_24_2012.docx

WIND RIVER ENERGY CORP. 1010 - 609 Granville Street Vancouver, BC  V7Y 1G5 Tel: 604-689-0037

April 25, 2012 - Denver, Colorado	TSX-V:  WVR
Wind River Energy Completes Well Site Preparation in PhatCity Project, Montana
Wind River Energy Corp / TSX-V:WVR ("Wind River") announces that it has completed the construction of the well pad for
---> the Nelson 9-14 well in the PhatCity project in Montana.  Access permits and agreements for water supply and storage 
--->for the drilling operations are complete. The pad is ready and waiting for the arrival of CapStar rig #314, with the e
--->xact timing of the arrival of the rig dependent on the completion of operations at the rig's current location.  It is 
--->anticipated that the drilling program will last approximately 15 days, with completion operations to follow immediatel
--->y thereafter. 
"Wind River is investing in this drilling program because of the promising geological information and seismic data tha
--->t we have on this project.  This drilling program is an important step for the development of what we believe to be a 
--->very promising oil field," said Alan O'Hare, CEO, Wind River Energy Corp.
About Wind River Energy Corp.:
Wind River is an oil and gas acquisition, exploration and development company with a focus on domestic energy projects
---> within the United States.  Wind River has two gas projects in Wyoming and three oil projects located in Colorado/New 
--->Mexico, Kansas and Montana.  In total, Wind River holds 67,745 gross acres of leased oil and gas properties, giving th
--->e company ownership of resources in the Bakken / Three Folks, Nisku, Niobrara, Greenhorn, Mississippian and other form
--->ations.    
For further information, please visit Wind River's website at http://www.windriverenergy.com/ or contact:
Paul Cox, Director Wind River Energy Corp. 1010-609 Granville Street Vancouver, BC V7Y 1G5
T: (604) 689-0037 F: (604) 926-5806 E: pcox@windriverenergy.com
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. 
FORWARD LOOKING INFORMATION
This press release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimat
--->e", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-l
--->ooking statements. Statements relating to "reserves" or "resources" are deemed to be forward looking statements, as th
--->ey involve the implied assessment, based on certain estimates and assumptions, that the resources and reserves describ
--->ed can be profitably produced in the future.  Forward-looking statements in this release include that (a) the rig will
---> arrive at the sight between May 5th to 10th, (b) the first drilling program will last approximately 15 days and (c) c
--->ompletion operations will follow immediately thereafter. 
Although Wind River believes that the expectations and assumptions on which the forward-looking statements are based a
--->re reasonable, undue reliance should not be placed on the forward-looking statements because Wind River can give no as
--->surance that they will prove to be correct. Since forward-looking statements address future events and conditions, by 
--->their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this pr
--->ess release. Actual results could differ materially from those currently anticipated due to a number of factors and ri
--->sks including various risk factors discussed in the Company's Management's Discussion and Analysis for the Period Ende
--->d September 30, 2011 as amended, filed on January 30, 2012 and for the period ended December 31, 2011 filed on March 3
--->0, 2012 under the Company's profile on www.sedar.com.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DA
--->TE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTA
--->NCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY M
--->AY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.