San Telmo Increases Land Position Through Gold Creek Acquisition
CALGARY - PRNewswire-FirstCall - June 7
CALGARY, June 7 /PRNewswire-FirstCall/ - San Telmo Energy Ltd. (OTCBB:STUOF) (TSX-V:STU) is pleased to announce that it has recently purchased a 50% interest in an additional section of land at Gold Creek. This increases San Telmo's acreage to 960 ac on the highly prolific Halfway/Charlie Lake trend.
The Gold Creek area is currently one of the hot exploration zones in the Peace River Arch region of Alberta with the recent discovery of a halfway gas pool which tested at 5.5mmcfd. San Telmo owns 960ac 1/2 mile away adjacent to this recent discovery. San Telmo and its joint venture partner are planning on drilling this well by late summer depending on weather and licensing requirements.
ABOUT SAN TELMO ENERGY LTD
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on production of, exploring for, and developing reserves which offer long term value for the company.
FOR FURTHER INFORMATION
San Telmo Energy Corporate Communications
(877) 772-9286
info@santelmoenergy.com, or the company website at
www.santelmoenergy.com
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safeharbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
San Telmo Energy Ltd.
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