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Have you checked out COUGF?

The Company Now Moves from Production Optimization to Infill Drilling

NEW YORK--(BUSINESS WIRE)-- -- (Investrend Research Syndicate) -- Ernest C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to StarMine, has issued an update on Cougar Oil and Gas Canada, Inc. (OTCBB: COUGF) in a six-page report dated November 26, 2010, which includes an updated 18- to 24-month stock target valuation and analyst's rating/recommendation.

The full report includes important disclosures, disclaimers and analyst information. Investrend and SISM Research both advise investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. Investrend and SISM Research both further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process. More about ratings and valuations is available via Investrend (at www.investrend.com/ratings).

A complimentary copy of the report, which includes important disclosures, disclaimers and analyst’s qualifications, is available for download via Investrend Syndications (at http://www.investrend.com/synd0007), by clicking on the report cover image in this announcement, as well as via the SISM Research website (at http://www.sism.com/researchreportscougar.htm).

According to analyst Schlotter's report:

“Cougar Oil and Gas, Canada Inc.’s organic growth increased by 250% since the acquisition of properties one year ago, and the Company now is halfway through its well optimization phase, which will be completed in late 2011.“

Schlotter also noted: “Cougar’s internal review regarding average produced Keg River oil wells in the area were much higher then we calculated and included in our last report. We calculated an average of 119,000 barrels of light oil in Northern Alberta based on data from 250 wells, while Cougar calculated an average production of 250,000 barrels per well from data obtained from seventy-one wells near the Company’s core area, which demonstrated the excellent economics of its play.”

Schlotter added: “Just recently, Cougar announced a 3D seismic program in the Trout area which could lead to the firm identification of multiple drilling locations that will form the foundation of Cougar’s drilling and development initiatives over the next 18-24 months.”