TEG.H Troy Energy Corp

Troy Energy Corp. (the "Corporation" or "Troy") (TSX VENTURE:TEG.H) announces
that it will not be proceeding with its previously announced farm-in in respect
of Guatemala Production Sharing Agreement 4-93, an oil and gas production
sharing agreement covering approximately 174,000 hectares in the South Peten
Basin of Guatemala (see Troy's press releases dated July 26, 2012 and October
12, 2012 for details). The Corporation plans to re-examine further alternative
transactions for the purpose of graduating back to the TSX Venture Exchange. The
trading halt that is currently in place in respect of the Corporation's shares
is expected to be lifted on or about February 7, 2013.


Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain
information contained herein constitutes forward-looking statements.
Forward-looking statements are based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those projected in the forward-looking statements. The
Corporation undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Troy Energy Corp.
James Owen
President and Chief Executive Officer
(604) 684-9201
(604) 684-9877 (FAX)

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