Xun Energy Completes Driveway Access and First Oil Well Pad
(firmenpresse) - PORTLAND, OR -- (Marketwired) -- 05/22/13 -- Xun Energy, Inc. (OTCBB: XNRG) (XNRG) announced that the Company's operator, Vencedor Energy Partners (VEP), completed the driveway access and pad for the Company's first oil well on the Rice lease in Venango County, Pennsylvania and is currently working on the roads and pads on the remaining 4 oil well locations.
"We are very pleased with the progress that VEP is making on the Rice lease site," stated Jerry G. Mikolajczyk, President and CEO of XNRG. "They are reporting progress weekly and providing us with video and photos documenting the construction progress. The completion of the driveway last week will allow heavy equipment to be mobilized for the road and drill pad construction and thereafter the drilling rig can be mobilized to begin drilling our first oil well."
Click on to view the construction progress on our website.
Xun Energy, Inc. is an oil operating company in development stage. Its primary assets are located in Venango County, Pennsylvania, USA. XNRG projects will be subject to completing its financing and the success of the drilling and completions program. Additional information may be found at .
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 Private 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.
Richard Inza
Investor Relations
954-687-0011
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Datum: 22.05.2013 - 06:00 Uhr
Sprache: Deutsch
News-ID 1229666
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