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Company engaged in the acquisition, exploration and development of petroleum properties located in Western Canada.
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Message: NEWS -- Pemberton receives a drill license

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NEWS -- Pemberton receives a drill license

posted on Dec 04, 07 01:48AM

CALGARY, Dec. 3  - (TSX.V:PBT, FSE:P5W) Pemberton Energy Ltd. wishes to announce that it received a drill license on November 30, 2007 for its first of three drill locations on its Gage Peace River Arch Property. Licensed drill location LSD is 6-15-82-03-W6M. Project depth is estimated at 1047 meters. The Company will test both Notikewan and Gething gas zones.

Pemberton Energy Ltd. has now secured a single drill rig No. 9 with Phelps Drilling Co. of Calgary, AB instead of single drill rig No 8, as previously announced on November 22, 2007, due to unforeseen delays that have now been resolved.

 

Pemberton Energy Ltd's principal business is the acquisition, exploration and development of petroleum properties. The company continues to focus on its primary corporate objective: the creation of value for shareholders by identifying oil and gas accumulations with relatively low geological risk but with substantial reserve potential.

 

On Behalf of Pemberton Energy Ltd.

 

"Miroslava Antonuk"

 

Ms. Miroslava Antonuk Director

 

TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE

CONTENTS HEREIN

 

Contacts

(604) 269-9801 or info@pembertonenergy.ca

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