Xun Energy Inc. (GREY:XNRG)

PORTLAND, OR--(Marketwired - Sep 12, 2013) - Xun Energy, Inc. (OTCBB: XNRG) announced that the Company's President and CEO, Jerry G. Mikolajczyk, has been interviewed by TheStockRadio. In the interview, Mr. Mikolajczyk discusses XNRG's current Company's activities and the drilling program in Venango County, Pennsylvania.

Mr Mikolajczyk also talks about XNRG's financing which includes the $15 Million reserve equity financing and its application for a $5 Million SBA Loan.

He also responded to theStockRadio's question, "What other plans do you have for expansion?"

The interview is available at: http://thestockradio.com/xun-energy-inc-president-and-ceo-jerry-g-mikolajczyk-otcqbxnrg/2952 or on our website www.xunenergy.com.

PORTLAND, OR--(Marketwired - Aug 27, 2013) - Xun Energy, Inc., (OTCBB: XNRG) (XNRG) announced that the Company's operator, Vencedor Energy Partners (VEP), completed the drilling, casing and cementing of its first oil well of a 30 well drilling program. Rice oil well number 15 was drilled to the Target Depth of 1,050' on the Rice lease, in Venango County, PA, on August 26, 2013. Samples were taken during the drilling program for analysis. Petroleum odors were emitted at the 720', 745', and 915' levels of the wellbore, indicating oil presence at these depths.

"We are excited to have completed the drilling of our first oil well and the showings of petroleum odors are very encouraging and positive," stated Jerry G. Mikolajczyk, President and CEO of XNRG. "This is the first step of a 3 step process before the oil well produces oil. This is a monumental accomplishment for us and our next step to generating revenues."

VEP will analyze the samples taken during the drilling process and decide whether to continue to the next step, which would be to schedule a well log or abandon the well.

"It's still very early, but routine field observations indicate the Rice #15 shows similarities to the PDP wells already on the lease. We'll need more information, but so far, so good," stated Brian S. Ambrose, President of VEP.

The Company will not commence drilling on the remaining 4 oil well locations on the Rice lease until after it completes its assessment of the first well.

PORTLAND, OR--(Marketwired - Jun 13, 2013) - Xun Energy, Inc., (OTCBB: XNRG) (XNRG) announced that the Company's operator, Vencedor Energy Partners (VEP), completed the 2nd and 3rd oil well pad for the Company's five oil well drilling and completions program on the Rice Lease in Venango County, PA.

"The completion of the 2nd and 3rd oil well pads on the Rice Lease moves us closer to mobilizing the drilling rig," stated Jerry G. Mikolajczyk, President and CEO of XNRG. "We are progressing slowly forward considering the inclement weather that has hampered the construction progress over the last few weeks.

PORTLAND, OR--(Marketwired - May 16, 2013) - Xun Energy, Inc. (OTCBB: XNRG) announced that the Company's operator, Vencedor Energy Partners, commenced site construction on March 30, 2013 with the installation of the erosion and snake barriers. On May 3, 2013, the Pennsylvania Department of Transportation issued Permit No. 01031693 for the Highway Occupancy Permit (HOP). The HOP authorizes work only in department highway right of way for the construction of the driveway from the Mill City Road onto the Rice Lease.

On May 14, 2013, our President, Jerry G. Mikolajczyk visited the Rice lease to inspect the progress and meet with the construction contractor and reported: "We are very pleased to report that our construction contractor is working very closely with the landowner to satisfy the landowner's needs. The landowner, after reviewing the HOP, requested to have the driveway landscape mitigated and requested to have the driveway realigned to the Rice Lane instead of off the Mill City Road. Our construction contractor immediately redesigned the driveway access to meet the landowner's needs and construction has started on the re-aligned driveway off the Rice Lane. The delay is well worth pleasing the landowner," he reported. "It is our commitment to work with the landowners and the community to ensure that our physical presence and impact is mitigated."

The completion of the driveway this week will allow heavy equipment to be mobilized for the drill pad construction and thereafter the drilling rig can be mobilized to begin drilling our first oil well.

PORTLAND, OR--(Marketwired - May 8, 2013) - Xun Energy, Inc. (OTCBB: XNRG) (XNRG) announced that the Company has agreed to a $15,000,000 Reserve Equity Financing Facility from AGS Capital Group, LLC, a US based specialist investor group, in order to enable growth with financing for its 30 shallow oil well program with an option for an additional 15 shallow oil well development program in Venango County, Pennsylvania.

Jerry G. Mikolajczyk, President and CEO, stated: "The Reserve Equity Financing is a long term strategic financing partnership that places XNRG in control of how and when we raise equity, minimizing any potential dilution or disruption to our capital structure. XNRG has the discretion to periodically sell common shares at a discount to the market when the prices are attractive to us. That means we decide when the funds are raised and how the funds are utilized. Having AGS Capital Group as a long-term partner reduces financing uncertainty, so we can better focus on achieving our business objectives. The $15 million equity financing provides us with sufficient capital to complete our 30 shallow well program, exercise and complete our option for 15 additional shallow oil wells and provide additional capital to fund the down payment for a 300 to 400 barrels per day producing property."

Mr. Allen Silberstein, Chief Executive Officer of AGS Capital Group, LLC, stated, "I look forward to helping XNRG grow by providing them the funding for their 45 shallow oil well development program in Pennsylvania and the acquisition and development of additional oil producing properties."

XNRG may enter China:

On November 30, 2010 the Company entered into an Accounts Receivable Assignment (the “Assignment”) with Comtax Services Inc. (“Comtax”) whereby Comtax assigned to the Company $147,965 in accounts receivable due Comtax from Global Power and Water Industries, Inc. (Global)  in consideration for 1,259,000 common shares of the Company at a share price of $.05 for a total of $62,950.00. The $62,950 to Comtax represents the monies owed by the Company to Global in the form of Promissory Notes and interest due in March 2011 and April 2011.

If within 150 days from the execution of the Assignment, the Company is not able to collect all accounts receivable, then the Company may re-transfer to Comtax and Comtax shall repurchase any outstanding accounts receivable for the balance owed.

The Company is hereby authorized to enter into an agreement with Comtax Services Inc. for the feasibility studies for ten Power Purchase Agreements in China.