/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO
COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF
UNITED STATES SECURITIES
LAW./
CALGARY, Feb. 23, 2018 /CNW/ - Return Energy Inc.
("Return" or the "Company") (TSX-V: "RTN"), through
its wholly-owned subsidiary, Winslow Resources Inc.
("Winslow"), is pleased to announce that drilling operations
at its Rycroft
100/06-34-076-06W6/00 well have concluded and production casing has
been run in the wellbore. The 06-34 well is a conventional
(non-horizontal) step-out well to Winslow's recently announced
(Feb.20, 2018) 100/14-27-076-06W6 well that has been cased as a
potential Charlie Lake
oilwell.
The Company will now mobilize testing equipment to determine
productivity of the wells. Test results will be announced
accordingly.
Return, through Winslow, has a 100% working interest in this
drilling program.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Reader Advisories
Forward-Looking Statements. This news release contains
forward-looking statements and information. More particularly, this
document contains statements and information concerning the timing
of drilling. Forward-looking information is frequently
characterized by words such as "anticipate", "plan", "expect",
"project", "intend", "will", "believe", "anticipate", "estimate",
"scheduled", "potential", or other similar words, or statements
that certain events or conditions "may", "should" or "could"
occur. The forward-looking statements and information are
based on certain key expectations and assumptions made by Return,
including expectations and assumptions concerning availability of
equipment and receipt of required regulatory approval. Although
Return believes that the expectations and assumptions on which the
forward-looking statements are based are reasonable, undue reliance
should not be placed on the forward-looking statements because
Return can give no assurance that they will prove to be correct.
Since forward-looking statements address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those
currently anticipated due to a number of factors and risks. These
include, but are not limited to, risks that required regulatory
approvals are not obtained and that specific equipment is delayed
or not available. The reader is cautioned that assumptions used in
the preparation of such information, although considered reasonable
by the Company at the time of preparation, may prove to be
incorrect and readers are cautioned not to place undue reliance on
forward-looking information, which speaks only as of the date
hereof. The Company does not undertake any obligation to release
publicly any revisions to forward-looking information contained
herein to reflect events or circumstances that occur after the date
hereof or to reflect the occurrence of unanticipated events, except
as may be required under applicable securities laws.
SOURCE Return Energy Inc
