2009-08-10-2008-04-01-2008-04-01

Acquired 2 shut-in heavy oil wells in Lloydminster area.

Mooncor Oil & Gas Corp., Calgary, (Toronto Venture: MOO) has acquired two shut-in heavy oil wells in the Lloydminster area of Alberta from an undisclosed seller for an undisclosed price. The two wells have been completed, equipped and drilled into the Sparky formation and did produce oil but were shut in due to sand production problems, not unusual with the Sparky zone, which has 30% to 36% porosity in unconsolidated sand.