TSX Venture Exchange Symbol: DES
CALGARY, April 2, 2012 /CNW/ - Desmarais Energy Corporation (TSXV: DES) (the "Corporation" or "Desmarais") wishes to identify the Farm-In Agreement lands from the March 22, 2012 press release as Twp 64 Rge 13W5M: S/2 20. These lands are adjacent to recent drilling activity in the N/2 20 where the horizontal 12-20-64-13 well flowed oil on an extended test during the period September to November 2011, at a rate of more than 1,000 bopd, plus associated natural gas and NGLs, with a 10.5% water cut. A second horizontal well has been drilled at 13-20-64-13 and is standing cased.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Advisory: This press release may contains certain forward-looking statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward looking statements contained in this press release are made as of the date hereof and Desmarais undertakes no obligation to update publicly or revise any forward looking statements or information, unless so required by applicable securities laws.
Doug F. Robinson, Interim President and CEO
Desmarais Energy Corporation
Tel: (403) 265-8007 / Fax: (403) 264-7076