2009-09-24-2009-08-31

To buy company, gaining production of 3,000 BOE/d and proved reserves of 8.7 MMBOE.

Altima Resources Ltd., Vancouver, (Toronto Venture: ARH) plans to acquire Unbridled Energy Corp. (Toronto Venture: UNE; OTCBB: UNEFF) for an undisclosed price in stock. Altima will pay one share per Unbridled share. ARH also intends to change its name at closing. Pro forma, the consolidated property interests will include a total of 24 sections (15,360 gross acres, approximately 12,530 net acres) in the Chambers and west Ferrier areas of west-central Alberta with an approximate 93% average working interest in 21 of the sections and a minor interest in three sections. In addition, the company will hold interests in five wells with an average weighted revenue interest of approximately 86% in three of the five wells. Unbridled will seek to dispose of its non-Canadian assets and to settle its U.S. bank debt prior to the completion of the proposed business combination. The deal is expected to close by year-end.