Atlas Engineered Products Ltd. (APEUF)

[Nyago]

April 25, 2013 09:30 ET
Archer Petroleum Corp.-Commences Permit Application Process for Davenport Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 25, 2013) -Archer Petroleum Corp (TSX VENTURE:ARK)(DBFrankfurt:A6VA) ("Archer" or the "Company")
is pleased to announce, in conjunction with its on-going Bituminous & Asphaltic Sands development efforts in Logan County, Kentucky, it has engaged a professional engineering firm to begin performing the requisite duties associated with the preparation & submission of Kentucky State mining permit applications. The Company is seeking permitting authority for the development of its 100% WI owned, 172 acre project area. The permitting process is expected to take approximately 6 months to complete from the time of application submittal.

"We are excited to take this important first step in the development of the Davenport Project. As our initial development site the Davenport is ideally situated in the bitumen rich area of Logan County, Kentucky, and will be a cornerstone project as we grow our operations," states Colin Bowkett, President.