UNX ENERGY APPOINTS MR. BRAD HOLUB AS CHIEF OPERATING OFFICER

TORONTO, Sept. 29 /CNW/ - UNX Energy Corp. (TSX-V: UNX) ("UNX"), an emerging oil and gas company with interests offshore Namibia, announced today that Mr. Brad Holub has been appointed as the Company's Chief Operating Officer. His primary responsibilities will be to oversee the operations of the Company as well as to evaluate, develop and promote new business opportunities.

"We are pleased to welcome Mr. Holub to the UNX team. His diverse experience will allow us to expand and develop our business and provide us with the skills required to move forward with our business plan," said Mr. Gabriel Ollivier, President and CEO of UNX. "Mr. Holub has considerable senior level experience in business development as well as reservoir and production engineering, and brings specific competencies in areas supporting the development of our data room for third party joint venture opportunities in the coming quarter."

Mr. Holub is a professional engineer with more than 15 years experience in the energy sector. Over the past 12 years he has held a variety of progressively senior management positions at Sherritt International Corporation. He has developed strong technical engineering skills in addition to strong leadership, management and strategic abilities. Of particular importance to UNX was his responsibility for all of Sherritt's oil and gas and power operations, in addition to being a key member of the senior leadership team in both divisions. In this senior position, he was responsible for managing all aspects of operations including production, facilities, drilling, supply chain, IT and field work, and was accountable for an annual budget of approximately US$250 million. He has also developed and driven numerous key strategic initiatives as well as operational optimization and efficiency projects.

Today UNX also announced that it has granted incentive stock options to certain consultants and officers to purchase 775,000 common shares of the Company at a price of $3.04 exercisable until September 28, 2015. The options are being granted pursuant to the terms of the Company's stock option plan.

About UNX Energy Corp.

UNX Energy Corp. is an emerging, independent exploration and development company, focused on exploration for oil in offshore Namibia, Africa. Headquartered in Calgary, Alberta, Canada, UNX's asset base consists of approximately 52,000 km(2) of offshore acreage, strategically located along the prolific South Atlantic Margin. These highly prospective blocks are being advanced by an experienced management team and highly qualified technical staff with strong in-country relationships. UNX has benefited from the use of strategic technical expertise and partnerships in optimizing the probabilities of exploration success in the region. UNX is committed to conducting its business in a socially and environmentally responsible manner, working towards the common goal of sustainable development in Namibia's oil and gas sector for the benefit of all stakeholders.

On Behalf of the Board of Directors

of UNX Energy Corp.

Duane Parnham

Chairman

For further information visit our website at www.universalpowercorp.com

Sedar Profile No. 00016276

Forward Looking Information

This news release contains certain forward-looking statements that reflect the current views and/or expectations of UNX Energy Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, changes in business strategy, regulatory requirements, demand for our resources, competition and dependence on key personnel. These risks, as well as others, could cause actual results and events to vary significantly. UNX Energy Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

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.

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For further information: Maria Elliott, VP Finance & CFO, Telephone: [phone], Email: [email protected]; David Feick, Investor Relations, Telephone: [phone], Email: [email protected]; Heidi Christensen Brown, Investor Relations, Telephone: [phone], Email: [email protected]