Published: April 01, 2011

Warrior Energy N.V. Announces Appointment of New President and CEO

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Warrior Energy N.V. (TSX VENTURE: WEN) ("Warrior") is pleased to announce the appointment of Mr. Jurg Tschofen as President and Chief Executive Officer of the Company effective March 30, 2011. Mr. Tschofen has 14 years of experience in financial management and operations; controlling under International Financial Reporting Standards, mergers and acquisitions, debt financings, initial public offerings, Systems Applications and Products applications and restructuring/turnaround. Mr. Tschofen has a Masters in Business Administration, specialized in finance and accounting.

Mr. Nielsen has resigned as Director and Officer to pursue other interests. The Board of Directors thanks Mr. Nielsen for his valuable contribution during his tenure and wishes him much success in his future endeavours.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this news release.