2009-06-05-2009-06-03

To acquire 60% WI in 85% WI in the North Fork 3-D prospect in Beaver County, OK.

Dallas E&P Morgan Creek Energy Corp. (OTCBB: MCKE) plans to acquire a 60% interest in an 85% interest held by Bonanza Resources Corp., Vancouver, British Columbia, (Toronto Venture: BRSUF) in the North Fork 3-D prospect in Beaver County, Oklahoma, for $2.4 million in exploration and drilling expenditures to be paid over a one-year option period. Bonanza Resources acquired an 85% interest in 8,500 acres (67% net revenue interest) in the North Fork 3-D prospect from Radiant Energy LC and Ryan Petroleum LLC in February. Morgan Creek has operations in the Frio Draw project in Curry County, New Mexico, and in the Ouachita trend project in McLennan County, Texas. Bonanza has interests in Oklahoma and Texas.