North Peace confirms filing of year-end financials for predecessor companies



    TSX-V: NPE

    CALGARY, April 30 /CNW/ - North Peace Energy Corp. ("North Peace" or the
"Company") confirms that year-end audited financial statements have been filed
for its predecessor companies, Juno Capital Corp. and North Peace Energy Inc.,
on SEDAR. These files can be accessed at the SEDAR website at www.sedar.com.
    Investors are cautioned that these year end filings relate to North
Peace's predecessor companies, and should be reviewed accordingly. North Peace
Energy Corp. will be filing its first quarter 2007 financial results on or
before May 30, 2007. This report will be the Company's first quarterly report
since its two predecessor companies were amalgamated, and the Company began
trading on the TSX-V in February 2007.

    About North Peace

    North Peace Energy is an early stage oil sands company with land and
assets bridging the Athabasca and Peace River oil sands areas of northern
Alberta.

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

    %SEDAR: 00019211E




For further information:

For further information: Louis Dufresne, President and CEO; James
Glessing, Vice President, Finance & CFO, North Peace Energy Corp., 470, 505 -
3rd Street SW, Calgary, Alberta, T2P 3E6, Telephone (403) 262-6024, Facsimile:
(403) 262-6072, E-mail: info@northpec.com, www.northpec.com; Or Stephanie K
Mesher, Bryan Mills Iradesso, (403) 503-0144 ext. 216, smesher@bmir.com

Organization Profile

NORTH PEACE ENERGY CORP.

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