New Managing Director of Misen Energy AB (publ) appointed

Mr Leif Larsson, Managing Director, has decided effective as of 9 October 2012,
to leave Misen Energy AB (publ) in order to take on a new position in another
company. The board of directors has therefore appointed Mr Göran Wolff to
replace Mr Leif Larsson as the company´s Managing Director from 1 October 2012
until further notice.

Mr Göran Wolff has experience from work in international roadmarking and
engineering. Mr Göran Wolffs currently holding the position as CFO with Misen
Energy and has previously worked at AB Geveko.

Efforts to find a permanent Managing Director for Misen Energy AB (publ) are in
process.

For the avoidance of any doubts and with reference to the press release of 28
August 2012, Mr Tore Sandvold will remain as working Chairman of the board of
directors and as CEO of the group of companies (Sw. "koncernchef").
For further information please contact:

Göran Wolff, CEO

tel 46 31  759 50 72

mobile 46 709  45 48 48

e-mail  goran@misenenergy.se
Misen Energy AB (former Svenska Capital Oil AB) is a Swedish oil and gas
exploration and extraction company with operations in Ukraine. The company was
founded in 2004 and the share is since 12 June 2007 traded on NasdaqOMX First
North.

In 2011 Misen Energy AB acquired Misen Enterprises AB and its Ukrainian
subsidiary, KarpatyGaz, including the rights of 50,01 % of the revenue and
profit from a gas production project in Ukraine, which will provide the company
with essential gas and oil assets. As consideration of this acquisition a new
share issue was performed.

The gas extraction assets have been acquired by production cooperation via a
joint activity project governed by a Joint Activity Agreement (the "JAA")
between the wholly owned subsidiaries of Misen Energy AB, i.e., Misen
Enterprises AB and Karpatygaz and Ukrgazvydobuvannya, the largest producer of
natural gas in Ukraine and subsidiary of the publicly owned company Naftogaz
Ukraine. The value of the assets has been assessed by PwC in Ukraine and is
estimated to be significantly more than the purchase price for Misen Enterprises
AB.

The purpose of the project is to significantly increase production of gas and
oil by implementing new technology and a large-scale investment program.

The registered office of Misen Energy AB( former Svenska Capital Oil AB) is in
Stockholm and the shares are traded on First North under identification MISE.
The Certified Adviser of the company at NasdaqOMX First North is Thenberg &
Kinde Fondkommision AB.

For further information please visit our web site
www.misenenergy.se (http://www.capitaloil.se/).