NEWS RELEASE TSX Venture Exchange: PRY PINECREST ENERGY INC. ANNOUNCES ITS 2013 FIRST QUARTER RESULTS

May 13, 2013 - Calgary, Alberta - Pinecrest Energy Inc. ("Pinecrest" or the "Company") is pleased to announce that it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis ("MD&A") for the three month period ending March 31, 2013. The statements will be available for review at www.sedar.comor www.pinecrestenergy.com.

First Quarter 2013 Achievements

Pinecrest is pleased to provide the following update on our achievements during the three months ended
March 31, 2013: