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Xun Energy (OTCBB: XNRG) Completes 2nd and
3rd Oil Well Pads
PORTLAND, OR -- Xun Energy, Inc., (OTCBB: XNRG) announces
that the Company's operator, Vencedor Energy Partners (VEP), completed the
2nd and 3rd oil well pad for the Company's five oil well drilling and
completions program on the Rice Lease in Venango County, PA.
"The completion of the 2nd and 3rd oil well pads on the Rice Lease moves
us closer to mobilizing the drilling rig," stated Jerry G. Mikolajczyk,
President and CEO of XNRG. "We are progressing slowly forward considering
the inclement weather that has hampered the construction progress over the
last few weeks."
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This
Press Release contains forward-looking information within the meaning of
section 27A of the Securities Act of 1933 and section 21E of the Securities
Exchange Act of 1934 and is subject to the Safe Harbor created by those
sections, and contains statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks
and uncertainties. For those statements, we claim the protection of the
safe harbor for forward-looking statements provisions contained in the
Prvt.Securities Litigation Reform Act of 1995 and any amendments thereto.
Such forward-looking statements involve risks, uncertainties and other
factors which may cause the actual results, performance or achievements of
the company to be materially different from the future results, performance
or achievements expressed or implied by such forward-looking statements. In
particular, there is no assurance that production or other factors
pertaining to the oil operations will be sustained at the expected rates or
levels over time. We caution you not to place undue reliance on our
forward-looking statements, which speak only as of the date of this news
release, and we undertake no obligation to update this
information. |
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