NSG New Sage Energy Corp.

New Sage Energy Corp. (TSX VENTURE:NSG) ("New Sage") provides an update on the
Leger #1 well in Lafourche Crossing, Louisiana and the Ledezma #1 well in Frio
County, Texas. New Sage holds a 5% working interest in the Leger #1 well and a
25% working interest in the Ledezma #1 well.


The Leger #1 well, has continued to produce strong results since it started
production on December 12, 2009. Over the first three months of production a
total of 2,200 bbls of 52 degree API oil and 100 mmcf gas (16,667 boe) have been
produced from the well. Production is averaging 1.1 mmcf/d gas and 25 bopd (208
boe/d), which is netting 6 boe/d to New Sage (2.74% NRI). Nine potential oil and
gas productive zones were identified in Leger #1 and production has been from
only one of the zones. Further testing and production of the other identified
zones will continue.


The Ledezma #1 well was recently drilled to 10,200' measured depth, with a 3745'
horizontal leg. Initial results suggested that there was an oil discovery with
two significant oil shows, the first recorded 600 bbls of oil in three hours and
the second recorded 550 bbls of oil in 10 hours. Total production from the well
has been 2,900 bbls oil, which was subsequently sold into the market. Initial
production of the well showed that water was interfering with oil production.
After a substantial work-over program the oil flow rates were determined to be
unsustainable and activity in the B-1 zone was discontinued.


GSO and New Sage will now evaluate the E zone. The E zone is another potential
oil-bearing portion of the Austin Chalk, located beneath the B-1 zone, where
recently drilled wells have been successful and returned significant flow rates
of oil. Geological evaluation of the E zone should be completed within the next
30 to 60 days.


John Carlesso President & CEO stated: "While work is continuing at Ledezma we
remain encouraged by the continued strong results at Leger. Testing of the E
zone of the Ledezma well will determine the economic viability of this well and
if successful will add to our growing production level."


On October 15, 2009 the Company issued a press release that the Board had
approved the granting of 1,100,000 options to the Company's directors, officers,
employees and consultants. Those option grants were never issued and on March
24, 2010 the Board approved a revised grant of 1,400,000 on the same terms and
conditions. The options were issued with an exercise price of $0.10 per share
and have a five year term. Pursuant to applicable securities legislation the
options are subject to a four month and one day hold period.


About New Sage

New Sage is a Canadian oil and gas exploration and development company with a
focus on opportunities in the US Gulf States region and South America. The
company is building a portfolio of production, through exploration and
development opportunities, with established joint venture partners.


Forward-Looking Statements

This news release contains forward-looking statements that involve risks and
uncertainties. Forward- looking statements or information are based on current
expectations, estimates and projections that involve a number of risks and
uncertainties which could cause actual results to differ materially from those
anticipated by New Sage. The forward-looking statements or information contained
in this news release are made as of the date hereof and New Sage does not
undertake any obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities laws.


BOEs may be misleading, particularly if used in isolation. A BOE conversion
ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion method
primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.


The securities of New Sage being offered have not been, nor will be, registered
under the United States Securities Act of 1933, as amended, and may not be
offered or sold within the United States or to, or for the account or benefit
of, U.S. persons absent U.S. registration or an applicable exemption from U.S.
registration requirements. This release does not constitute an offer for sale of
securities in the United States.

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