Hyperion Exploration Corp. Completes Sale of Non-Core, Chip Lake Assets

CALGARY, ALBERTA–(Marketwired – Jan. 31, 2014) – Hyperion Exploration Corp. (“Hyperion” or the “Corporation”) (TSX VENTURE:HYX) announces that it has completed the previously announced disposition of 100 boe/d of non-core, gas weighted production in the Chip Lake Area of Central Alberta for cash consideration of $3.4 million (the “Disposition”). Proceeds from the Disposition will be used to reduce Hyperion’s bank debt.