Northern Explorations Executes Acquisition of West Texas Natural Gas Play

SCOTTSDALE, AZ, Jun 01 (MARKET WIRE) --
Northern Explorations Ltd. (OTCBB: NXPN) ("Northern," "Norex" or the
"Company") is pleased to announce that the Company has now completed the
execution of a definitive agreement in regards to the "Ozona Gas Project"
with Swiss-based resource management corporation Dominus Energy AG.

Under the terms of the agreement, Norex has acquired a 63% Working
Interest in the project located near Ozona in Crockett County, Texas. The
agreement is based on future commitments whereby Norex will pay 100% of
the cost of drilling and completion of the gas wells in exchange for
their 63% Working Interest. Under the terms of the underlying agreement
with the vendors and royalty holders, Norex will receive a 47.5% Net
Revenue Interest in all natural gas production from the project.

This news is a welcome announcement given that the commodities markets
have responded as world stock markets rallied and investors banked on
hopes that the global recession is easing. Norex believes that the prices
for natural gas will continue to increase as the economy continues to
show signs of recovery.

The Ozona project encompasses 9,000 acres and is a well documented and
prolific location enjoying the presence of actively established companies
such as Chesapeake, Devon, EOG, XTO, and Quicksilver Exploration. Norex
and partners will further detail the program following completion of the
requisite documentation which will involve the drilling, completion and
tie-in of 20 natural gas wells.

The Company is a reporting issuer which provides public disclosure under
the securities and exchange act of 1934. Complete details of our
agreements will be filed publicly where subject to and as required by law
under the auspices of the Securities and Exchange Commission (SEC).

ABOUT NOREX ENERGY (NORTHERN EXPLORATIONS LTD.) (OTCBB: NXPN)

Norex Energy (Northern Explorations Ltd.) is an energy exploration Company
currently developing natural gas projects across North America. The
Company has acquired a majority working interest in natural gas assets
located in California and Alberta, Canada which have the combined
potential to contain 16 BCF gas along with associated plant, pipeline and
infrastructure.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements in this
press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, the development, costs and results
of our exploration program at our properties and any anticipated future
production. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors include,
among others, the inherent uncertainties associated with petroleum
exploration and development stage exploration companies. These
forward-looking statements are made as of the date of this news release,
and we assume no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe that the
beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance that such beliefs,
plans, expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should also
refer to the risk factors disclosure outlined in our annual report on
Form 10-KSB for the most recent fiscal year, our quarterly reports on
Form 10-QSB and other periodic reports filed from time-to-time with the
Securities and Exchange
Commission.

ON BEHALF OF THE BOARD
Norex Energy (Northern Explorations Ltd.)
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Mark Schaftlein
President, CEO

To find out more about Norex Energy or Northern Explorations Ltd.
(OTCBB: NXPN), visit our website at www.norexenergyinc.com.

Information:
Northern Explorations Ltd.
1-(866) 570-9822

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