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Supernova Energy, Inc.

Supernova Energy, Inc. Increases Ownership in Kansas Oil Lease

ROCKVILLE CENTER, NY - (NewMediaWire) - May 11, 2018 - Supernova Energy, Inc. (OTC PINK: SPRN) ("Supernova" or the "Company"), an American based oil and gas production and exploration company, is pleased to announce the company has more than doubled the working interest (WI) ownership on the Anderson oil lease.

The agreement increases Supernova’s working interest (WI) ownership by 36%, for a total of 60%, in exchange for $40,000 dollars and 40,000 restricted preferred shares. The acquisition is in line with the company’s strategy to increase ownership on leases currently held by Supernova.

“This is the first step in our overall acquisition strategy.” States Kevin Malone, CEO of Supernova. Kevin continues, “We have started assessing our holdings and have identified leases to increase ownership in. We will continue to acquire additional working interest (WI) in strategic leases.” 

About the Anderson Lease, Barton County – 160 acres

The Anderson lease located in the Chase-Silica field has three oil wells and a refitted SWD well. This lease currently runs off electricity and has been producing since 1956 from the Arbuckle formation, as of the yearend 2015, it has produced 363,800 from six different wells. There are potential drilling locations in the Arbuckle and potential pay behind the pipe in the Lansing - Kansas City.

About Supernova Energy, Inc.

Supernova Energy Inc. is an American based oil and gas production and exploration company with key holdings in Kansas and Kentucky. The Company's goal is to acquire economical leases in known oil and gas formations with low cost of recovery. The strategy is to specialize in well bore completion, re-completion and workovers on existing oil and gas production.

For more information investors can visit www.supernovaenergyinc.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws relating to forward-looking statements. This release contains forward-looking statements that reflect Supernova Energy INC., plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any expressed or implied by these forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements are set forth in our quarterly and annual reports. Other information can be obtained at www.supernovaenergyinc.com

Contact:
Supernova Energy Inc.
Kevin Malone
Ceo@supernovaenergyinc.com