Drake Grants Options

As announced June 01, 2009, Drake Energy Ltd. ("Drake") (TSX VENTURE:DPE)
significantly strengthened its management with the appointment of Greg Hodgson,
P. Eng. as Vice-President of Engineering.


Drake announces that the board of directors has resolved, subject to the
approval of the TSX Venture Exchange, to grant stock options to purchase 200,000
common shares of the Corporation at an exercise price of $0.09 to the new
officer of the Corporation. The stock options vest over a period of eighteen
(18) months and expire on October 16, 2014.


"Mr. Hodgson has already made a significant contribution in enhancing
operations. His twenty years of engineering experience and his practical
application of that experience is making dramatic improvements in our
development plans, operations, production levels and especially in cost
control," said Drake president, Mr. Neil Orr.


Drake Energy Ltd. is active in oil and gas exploration and development in
Alberta and Saskatchewan. Headquartered in Calgary, Alberta, Canada, the Company
is publicly traded on the Toronto Stock Exchange Venture Board under the stock
symbol DPE.V.

Drake Energy Ltd. (TSXV:DPE)
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