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Re: EnergyGuy62 post# 30

Tuesday, 04/22/2008 2:46:26 PM

Tuesday, April 22, 2008 2:46:26 PM

Post# of 70
Northern Sun exploration update -
Wednesday April 2, 2:00 pm ET

TSX-V: NSE
CALGARY, April 2 /CNW/ - NORTHERN SUN EXPLORATION COMPANY INC. (the "Company") is pleased to provide an update to its exploration and capital expenditure program for Alberta and Saskatchewan.

The Company has completed the initial testing of the eight exploration wells from its December 2007 drilling program. After a comprehensive testing period, the Company is pleased to report that six of the eight exploration test wells look to be economic, and once all the wells have been tied in, the Exploration program will have added 102 boed. Highlights by area are as follows:

ALBERTA

Worsley


The Company's 50% working interest 1-23-87-6-W6, 2250 meter multi-zone test well is producing oil and liquids from the Gething zone, as the deeper zones proved to be uneconomic. The well is being carefully managed to optimize a gas and oil / liquids production rate and minimize the water cut. The well is currently producing 10 boed and has been equipped to inject water for disposal in the deeper zones. The water disposal into the deeper zones will commence when the operator has received regulatory approval which should be granted before the end of June 2008.

Grouard

The Company drilled 2 multi-zone gas wells and 1 oil well at Grouard. The completion and testing of the wells resulted in two gas wells and an oil well. The oil well is currently producing 19 degree API oil at a rate of 6-10 boe/day. The 10-3 gas well remains to be tested for its gas potential given the initial zone tested has been inconclusive in terms of stabilized rates and the second well at 1-15 has been tested at a rate of 0.105 mmcf/day net (17 boed) and will be tied-in together with the company's other existing stranded gas wells when the Company's planned gathering project proceeds. The project would see the currently stranded gas, and all new volumes become tied-in to the local gas Co-op so the wells can produce near their full capacity. The Company is currently negotiating a joint venture that will enable the gathering project to proceed. Upon completion of the project, the Company expects to add approximately 0.90 mmcf/d (150 boed) to its existing production in the area.

Thorhild

The Company drilled two exploration wells and completion results indicate the 14-13 well will be a gas well as it has been tested and the Company is currently obtaining approvals to tie-in to a nearby third party facility for gas production. Upon receipt of approvals the well is expected to produce at a rate 0.138 mmcf/day (23 boed) net to the Company. Production is expected to begin near the end of June, 2008 after spring break up. The second well at 7-26 has been tested and the initial zone has not been economic, therefore the company will re-perforate the well in a shallower gas zone when weather and ground conditions permit. The Company paid 100% of all costs to earn a 65% working interest in the wells.

Figure Lake

The Company drilled and completed the multi-zone gas test well. The well has been tied-in to a nearby third party operator and is producing at a rate of 0.127 mmcf/day (21 boed) net to the Company. The production rate should increase marginally as the well stabilizes. The Company paid 55% of all costs associated with bringing the well into production to earn a 45% working interest.

SASKATCHEWAN

Supreme


The Company 's 100% working interest multi-zone gas test well on its property in the Supreme / Arena area of southwest Saskatchewan is expected to be tied-into to a nearby third party facility by the end of the June, 2008. The well has been tested and is expected to produce at a rate of approximately 0.150 MMscf/d (25 boed).

The Company expects to increase production upon reaching an agreement with a joint venture partner with respect to the gathering project at Grouard. The project will add approximately 160 boed of which the Company expects to share up to 45% with it's joint venture partner. The Company's current production is approximately 100 boe/day and is expected to be at 145 boed upon commencement of production of the wells at Supreme and Thorhild.

Northern Sun is an Alberta-based exploration and production company with operations in Alberta, Saskatchewan and the North West Territories.

ON BEHALF OF THE BOARD OF DIRECTORS OF
NORTHERN SUN EXPLORATION COMPANY INC.

"Chris Cooper"
President & CEO

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The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this news
release.
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For further information

please contact the Company toll-free at (866) 827-2722, via email at info@northernsunex.com, or visit the Company website at
http://www.northernsunex.com


Source: Northern Sun Exploration Company Inc.

http://biz.yahoo.com/cnw/080402/northrn_sun_expo_updt.html?.v=1

http://investorshub.advfn.com/boards/board.asp?board_id=5526






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