Ribbon Creek Resources Inc.

Ribbon Creek Resources Inc. has retained PLS Inc. to sell the company with interests in the Boundary Lake and Sundre areas in Alberta. The assets include various working interests with net production of 200 barrels of oil equivalent per day and 40 to 70 barrels of new production pending. Proved developed producing reserves are 1.1 million barrels equivalent. The reserve-life index is 14 years. Contact Ronyld Wise, 713-650- 1212.