Vancouver B.C. March 12, 2012: Sunridge Energy Corp. ("SRG"

or the "Company") (SRG: TSX-V) is pleased to announce that

the drilling at the North Central oil prospect is underway and

operations are being managed by Trinidad Drilling Ltd.

The current drilling program consists of a single vertical well to a

total depth of 1,300 metres consisting of surface hole (349mm), main

hole to core point (222mm), and main hole (222mm).

The zone of interest will be cored and analyzed and the well will be

equipped for production in the second quarter of 2012.

Results of the core analysis combined with the planned 3-D seismic

program will determine the viability of potential horizontal drilling

to further exploit the target reservoir. Horizontal drilling would

dramatically increase the recovery factor and the potential daily

production rate, as well as reduce the impact of surface operations.

Currently, SRG controls 2,320 acres (3.625 sections) of land

associated with this prospect.

ABOUT NORTH CENTRAL OIL PROJECT

The property consists of three 640-acre Crown sections, and five

freehold leases of which the company holds a 100-per-cent working

interest, totaling 2,320 acres. The property is in close proximity to

good pipeline and processing infrastructure with good paved and

high-grade gravel road access allowing for further drilling

developments on adjacent lands.

Based on the results of this exploration program and the areal extent

of the reservoir, the company will proceed with additional

short-radius horizontal wells to the target formation in the Upper

Mannville sandstone. Total drilling depth per well is anticipated to

be 1,400 metres (measured depth). Three original vertical well

signatures from past drilling efforts by other companies (decades ago)

indicate a three- to four-mile by passed oil trend . The original well

recovered free oil from the target formation. nine years ago but was

not developed by the original operator because its focus was on a

deeper horizon. Laboratory oil analysis from this well indicates a

gravity of 18.3 degrees API (American Petroleum Institute gravity) and

displays a favourable viscosity profile for cold-flow production. The

horizontal application is intended to maximize oil production at a

higher daily rate and minimize surface footprint.

ABOUT SUNRIDGE

Sunridge is a junior oil and gas exploration and development company

with production operations in the Province of Alberta. The recent

acquisition of the 6-Phase Oil Heating proprietary technology gives

Sunridge an unprecedented opportunity to extract extensive potential

reserves of heavy oil (bitumen) at shallow depths in the Alberta Oil

Sands. The Sunridge assets are structured to decrease operation costs,

enhancing shareholder value.

On behalf of the board,

Dwayne Tyrkalo

Chief Executive Officer

Forward-Looking Statements

Information set forth in this news release contains forward-looking

statements that are based on assumptions as of the date of this news

release. These statements reflect management's current estimates,

beliefs, intentions and expectations. They are not guarantees of

future performance. Sunridge cautions that all forward looking

statements are inherently uncertain and that actual performance may be

affected by a number of material factors, many of which are beyond

Sunridge's control. Such factors include, among other things: risks

and uncertainties relating to Sun ridge's ability to complete the

drilling of the Test Well; earn a working interest in the Property and

that there will be production from any wells drilled. Accordingly,

actual and future events, conditions and results may differ materially

from the estimates, beliefs, intentions and expectations expressed or

implied in the forward looking information. Except as required under

applicable securities legislation, Sunridge undertakes no obligation

to publicly update or revise forward-looking information.

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 RELEASE.

For further information please contact:

Sunridge Energy Corp.

650 West Georgia St. Suite 620

Vancouver, British Columbia V6B 4N9

Tel: 604-681-0221

Fax: 604-687-4670

Email: info@sunridge-energy.com