Canext Energy Ltd.

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Canext Energy Ltd. has retained Canaccord Enermarket Ltd. to sell producing assets in Alberta and one royalty interest package in Saskatchewan. The package involves 500 barrels of oil equivalent per day (89% gas) and more than 24,000 net undeveloped acres. Upside includes 13 multi-zone drilling locations and numerous recompletion opportunities in Birch Wavy and low-risk in-fill drilling in Retlaw, Hines Creek and Niton. The bid due date is April 24. Contact Martin Peters, 403-537-9829.