Javelin Energy Inc. in receivership

Symbol: JAV: TSX Venture

CALGARY, Dec. 10 /CNW/ - Javelin Energy Inc. (the "Corporation") was made the subject of a receivership order yesterday issued by the Alberta Court of Queen's Bench upon the application of the Corporation's senior secured creditor, National Bank of Canada. Alger & Associates Inc. was appointed as Receiver and Manager of all of the Corporation's current and future assets, undertakings and properties. The Corporation's shares continue to be cease traded.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

SOURCE JAVELIN ENERGY INC.

For further information: For further information: Javelin Energy Inc., Box 1812, Okotoks, AB, T1S 1B6, Phone: (403) 212-1472, Fax: (403) 938-7476

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JAVELIN ENERGY INC.

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