SHARON ANNOUNCES MACKLIN ACQUISITION
September 30 2010 - 8:00AM
PR Newswire (Canada)
CALGARY, Sept. 30 /CNW/ -- CALGARY, Sept. 30 /CNW/ - Sharon Energy
Ltd. (TSXV:SHY) is pleased to announce that it has acquired a 25%
working interest in a Dina heavy oil property located at Macklin,
Saskatchewan. The property comprises 3,770 acres and includes four
shut-in Dina horizontal oil wells, a water disposal well and 7
square miles of 3D seismic. Sharon plans to reactivate the
horizontal oil wells and evaluate the 3D seismic for future
development. Sharon is an oil and gas exploration and production
company based in Calgary, Alberta. ADVISORY: This press release
contains forward looking statements. Although Sharon believes that
the expectations reflected in these forward looking statements are
reasonable, undue reliance should not be placed on them because
Sharon 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. The forward looking statements contained in this
press release are made as of the date hereof and Sharon undertakes
no obligations to update publicly or revise any forward looking
statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable
securities laws. 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. Robert W. Lamond,
President and Chairman, Calgary, Alberta, SHARON ENERGY LTD.,
Telephone: (403) 269-9889, Fax: (403) 269-9890
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