DXA Doxa Energy Ltd

Doxa Energy Ltd. (TSX VENTURE:DXA)(OTCQX:DXAEF)(FRANKFURT:5D0) ("Doxa" or the
"Company") wishes to report that it is not aware of any material undisclosed
information or corporate developments at this time that would cause increased
upward demand for its shares (as was demonstrated prior to today's market open
on the TSXV). Doxa Energy is an oil & gas production, development and
exploration company involved in a variety of conventional and unconventional
leases in Texas including several in the prolific Eagle Ford Shale, South Texas.
On October 4th of this year Doxa announced that it had commenced its first oil &
gas production activities within only four months of it having completed its
qualifying transaction.


Furthermore in a press release issued by Doxa Energy on October 15, 2010 the
Company announced that is has arranged a non-brokered private placement of
10,000,000 units (each a "Unit") at a price of CDN $0.35 per Unit to raise
aggregate proceeds of CDN $3,500,000. Each Unit is comprised of one common share
and one half of one share purchase warrant. Each whole share purchase warrant (a
"Warrant") entitles the holder to acquire one additional common share for a
period of two years at a price of CDN $0.55. Upon the completion of a four month
period commencing from the date of issuance, the Warrants will be subject to
accelerated conversion within 30 days of the Company disseminating a press
release providing notice of same, in the event the shares of the Company close
at over CDN $0.75 for 10 consecutive trading days.


John D. Harvison, President, Chief Executive Officer

Statements in this press release other than purely historical information,
including statements relating to the Company's future plans, objectives or
expected results, constitute forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to the risks and
uncertainties inherent in the Company's business, including risks inherent in
oil and gas exploration and development, and uncertainties in connection with
anticipated commodity prices for oil and natural gas, growth of worldwide market
demand, exploration capital requirements, length of asset life and availability
of qualified personnel, among others As a result, actual results may vary
materially from those described in the forward-looking statements.

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