SYS-CON MEDIA Authors: Yeshim Deniz, Kevin Benedict, Gilad Parann-Nissany

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Artisan Energy Announces Extension to Closing of Viking Light Oil Acquisition

CALGARY, ALBERTA -- (Marketwired) -- 03/17/14 -- As previously announced, Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE: AEC) and Magnum Energy Inc. ("Magnum") (TSX VENTURE: MEN) have entered into a purchase and sale agreement (subject to certain closing conditions) pursuant to which Artisan will acquire Magnum's 50% operated working interest in 2,720 gross acres (1,360 net acres) of land in the Provost area of Alberta (the "Provost Asset"). The purchase and sale agreement has been amended further to extend the closing date to March 31, 2014, with an effective date of February 28, 2014.

Neither 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 news release.

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