News Release

September 16, 1996

Softrock Closes $1,000,000 Share Offering

CALGARY, ALBERTA - E. Denis Gagnon, Director and Chief Financial Officer of Softrock Petroleums Ltd. announced today that Softrock's public offering of two million shares of the Corporation, by way of Exchange Offering Prospectus, was fully subscribed for and closed September 16, 1996. McDermid St. Lawrence acted as agent for the Corporation.

Net proceeds from this sale of two million shares at $0.50 per share will be mostly used to help finance Softrock's aggressive exploration program in south and west Greenland where it holds approximately 350,000 net acres of exclusive licensed lands plus an additional 140 square kilometers (35,000 net acres) in west Greenland under application.

Softrock trades on the Alberta Stock Exchange under the trading symbol "STZ".

For further information please contact Keith McLean at (403) 266-2605 or 1-800-809-3411 or Denis Gagnon at (403) 262-3600.

The Alberta Stock Exchange has neither approved or dispproved of the information contained herein.

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