XCD Energy Ltd. (fka ETKEF)

[Captain Black Bob Blanco]

NIOBRARA SHALE OIL PROJECT APPRAISAL PROGRAM UPDATE
21 July 2011Entek is pleased to provide an update on the Niobrara Shale Oil Project Appraisal Program in the
Green River Basin.
Battle Mountain 14-10L – current operation, drilling ahead at 805 ft after setting surface casing
and testing rig equipment. The proposed total depth of the well is 7,600 ft.
Entek (ASX:ETE) holds a 55% interest in the Green River Basin Joint Venture (GRBJV) with Emerald
Oil & Gas NL (ASX:EMR) holding 45%. Entek is the Operator. The GRBJV now controls close to
80,000 gross acres, approximately 60,000 net acres, covering the Niobrara Shale Oil Play