ThreeD Capital Inc. (IDKFF)

[Tommy]

Brownstone Energy Partner Moves Drill To Kokopelli Leasehold; Initial Williams Fork Well To Spud

http://brownstoneenergy.com/news/index.php?&content_id=272

... " Toronto, Ontario (September 4, 2012) – Brownstone Energy Inc. (TSXV: “BWN”; OTCQX: “BWSOF”) (“Brownstone” or the “Company”) today announces that it has been advised by the operator, Dejour Energy Inc. (NYSE AMEX: DEJ / TSX: DEJ), that a drill rig has been contracted to drill the first well at Brownstone’s 28% owned Kokopelli project in the Piceance Basin, Colorado and that the rig is now moving onto the location.

Brownstone has been advised that this well is expected to spud during the coming week and will be directionally drilled to the base of the Williams Fork, logged, with casing set during the third quarter of 2012. Successful completion of this well will secure for Brownstone and its partner the substantial portion of the proven and probable undeveloped reserves, ~60 BCFe including ~3.6MM barrels of liquids net to Brownstone, attributed to the Williams Fork section of this Kokopelli leasehold by independent engineers. Production is expected to be tied into existing gathering systems by year end." ...