Advantagewon Closes Producing Oil Lease Purchase and to Commence Recommissioning 14 Additional Oil Wells in LaVernia

Toronto, Ontario--(Newsfile Corp. - September 20, 2018) - Advantagewon Oil Corp., (CSE: AOC) (OTCQB: ANTGF) (the "Corporation", "Advantagewon", "AOC") is very pleased to announce that it has closed the purchase of a producing oil lease in the LaVernia Texas area.

The Corporation has negotiated and has closed a purchase of an oil lease with 14 suspended oil wells and one active producer. Work will be undertaken to be restore the suspended wells to active production.

The 14 suspended wells present a very similar situation to the 32 previously suspended wells that were recently restored to production by the Corporation as announced in the Corporation's July 23^rd & August 16^th, 2018 press releases. As previously stated, combined the recommissioned 32 wells are currently producing approximately 660 barrels of oil per month or approximately 22 barrels of oil per day. A similar result is anticipated from these 14 wells. This lease also provides an excellent candidate for enhanced recovery operations. The Corporation is currently negotiating the acquisition of other leases and land packages in the area and will issue a more comprehensive news release with the combined terms of all the leases once the acquisitions are finalized.

Mr. Charles Dove stated: "Our LaVernia land holdings have a history of oil production from the multiple wells that were drilled on our properties over the years. The 32 wells restored to production have added to the Corporations previously established oil production, with total production approaching 50 barrels of oil per day. Our August 2018 oil sales were at $65.77 to $68.77 USD ($85 to $90 CDN) per barrel. This compares to Western Canada Select pricing of approximately $53.00 CDN for the similar time period, a premium of 60% to 70%. Our Q2 2018 total revenue of $239,095 CDN, or $79,698 CDN per month on average, was accomplished with the added production from these low cost, low risk operations on the company's lands and wells."

About Advantagewon Oil Corp.

Advantagewon is focused on building consistent cash flow from low cost, low risk oil wells in the State of Texas. AOC applies specialized expertise to increase oil recovery from 10-15% to up to 75% for each well. Once the enhanced recovery strategy is successfully applied, AOC will repeat the process throughout the oil pool to maximize output and minimize cost and risk. Advantagewon's common shares are listed on the OTC Markets in the United States and on the Canadian Securities Exchange ("CSE") in Canada. Advantagewon is a member of the CSE Composite Index (CSE: AOC). For more information please visit www.aoc-oil.com

For further information please contact:

Mr. Charles Dove  
CEO & Director
Advantagewon Oil Corp.
T: (403) 815-2440
E: charles.dove@aoc-oil.com
W: www.aoc-oil.com

Mr. Paul Haber
Chairman & Director
Advantagewon Oil Corp.
T: (416) 318-6501
E: paul.haber@aoc-oil.com
W: www.aoc-oil.com

Mr. Frank Kordy
Secretary & Director
Advantagewon Oil Corp.
T: (647) 466-4037
E: frank.kordy@aoc-oil.com
W: www.aoc-oil.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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