Spitfire Energy Ltd. Announces Name Change to Whitecap Resources Inc.

TSX VENTURE: SEL

CALGARY, July 1 /CNW/ - Spitfire Energy Ltd. ("Spitfire" or the "Company") (TSX VENTURE:SEL) is pleased to announce that it has amalgamated with its wholly-owned subsidiary Whitecap Resources Inc. ("Whitecap") and changed its name to Whitecap Resources Inc. The Company's expects that its common shares will trade under the new name and a new symbol following receipt of all required approvals from the TSX Venture Exchange.

Note Regarding Forward Looking Statements

This news release contains forward-looking statements relating to the Company's expectations regarding receipt of all necessary approvals from the TSX Venture Exchange to the name change and the assignment of a new trading symbol. Although Whitecap believes that these expectations are reasonable, there can be no assurance that such approval will be obtained or a new trading symbol assigned.

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

For further information: Whitecap Resources Inc., Grant Fagerheim, President & CEO, [phone], [phone] (FAX); or Whitecap Resources Inc., Thanh Kang, VP Finance and CFO, [phone], [phone] (FAX)