EX.A Exceed Energy

WestFire Energy Ltd. ("WestFire") and Exceed Energy Inc. ("Exceed") (TSX
VENTURE:EX.A) are pleased to announce that, effective December 18, 2009, the
previously announced acquisition by WestFire of Exceed pursuant to a plan of
arrangement under the Business Corporations Act (Alberta) (the "Arrangement")
and certain producing oil and gas properties located in the
Lloydminster/Lindbergh and Peace River Arch areas of Alberta and light oil
properties in southeast Saskatchewan (the "Producing Assets") has been
completed.


As part of the Arrangement, Exceed completed its previously announced
underwritten private placement (the "Offering") of 800,000,000 Class "A" common
shares ("Exceed Shares") for gross proceeds of $45,040,000. The Offering was led
by Macquarie Capital Markets Canada Ltd. and included CIBC World Markets Inc.,
National Bank Financial Inc., Scotia Capital Inc., GMP Securities L.P., Raymond
James Ltd., Research Capital Corporation and Wellington West Capital Markets
Inc. The net proceeds of the Offering were subsequently used by WestFire to
acquire the Producing Assets for $30 million prior to closing adjustments with
the balance of the proceeds to be used to fund WestFire's 2010 development
drilling program and general corporate purposes.


Pursuant to the Arrangement, Exceed shareholders (including subscribers in the
Offering) received 0.01 of a WestFire common share ("WestFire Share") for each
Exceed Share held.


Letters of transmittal have been forwarded to Exceed shareholders to be utilized
in order to exchange their Exceed Shares for WestFire Shares.


The Exceed Shares are expected to be de-listed from the TSX Venture Exchange
("TSXV") at the close of markets on or about December 23, 2009. WestFire has
received conditional approval for the listing of the WestFire Shares from the
Toronto Stock Exchange ("TSX"). The WestFire Shares are expected to be listed on
the TSX under the symbol "WFE" at the open of markets commencing on or about
December 24, 2009.


Reader Advisory

Statements in this joint press release contain forward-looking information
including, without limitation, expectations of the timing of the de-listing of
the Exceed Shares on the TSXV, listing of the WestFire Shares on the TSX and the
anticipated use of proceeds of the Offering. Readers are cautioned that
assumptions used in the preparation of such information may prove to be
incorrect. Events or circumstances may cause actual results to differ materially
from those predicted, a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the control of
WestFire and Exceed. These risks include, but are not limited to; the risks
associated with the oil and gas industry, commodity prices and exchange rate
changes. Industry related risks could include, but are not limited to;
operational risks in exploration, development and production, delays or changes
in plans, risks associated to the uncertainty of reserve estimates, health and
safety risks and the uncertainty of estimates and projections of production,
costs and expenses and access to capital. The risks outlined above should not be
construed as exhaustive. The reader is cautioned not to place undue reliance on
this forward-looking information. Neither WestFire or Exceed undertakes no
obligation to update or revise any forward-looking statements except as
expressly required by applicable securities laws.

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