Magnum Energy Inc. (the "Company") (TSX VENTURE:MEN) is pleased to announce that
it has filed its Form 51-101F1 - Statement of Reserves Data and Other Oil and
Gas Information, Form 51-101F2 - Report on Reserves Data by Independent
Qualified Reserves Evaluator or Auditor and Form 51-101F3 - Report of Management
and Directors on Oil And Gas Disclosure, under National Instrument 51-101
Standards of Disclosure for Oil and Gas Activities for the year ended August 31,
2010.


The filings may be found on the Company's website at www.magnumenergyinc.com and
at www.sedar.com. 


ON BEHALF OF THE COMPANY

Richard Nemeth, President