Mooncor Oil & Gas Corp.

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Description

Mooncor Oil & Gas Corp., Calgary, (Toronto: MOO) has engaged Tristone Capital Inc. to sell certain interests in its Muskwa shale gas play at Hamburg, Alberta. This transaction may involve the farm-out, sale and/or other similar transaction of all or any portion of Mooncor's in the Hamburg area consisting of 100% interest in the 162 sections of P&NG rights. The development program for Hamburg is presently under review. It is focused on horizontal drainage and delivery to the under-used processing capacity and gas-gathering infrastructure available in the area. As a historically well-known area, Hamburg has both winter and summer access available, as well as being proximal to all required supplies and services. Contact Dave Vetters, 403-294-9541.