2009-08-11-2008-01-01-2008-02-01

Bought co., gaining 80% WI in 12 operated wells on 9,300 net acres in Peace River Arch area producing 115 BO/d (69% gas).

Sure Energy Inc., Calgary, (Toronto: SHR) has closed its acquisition of privately held Argent Energy Inc. for 2.2 million shares and assumption of C$2.7 million of debt for a deal value of C$4.8 million. Argent's assets include an average 80% working interest in 12 operated wells on 9,300 net acres in the Peace River Arch area of Alberta and are contiguous with other Sure assets. Production is 115 barrels of oil per day (69% gas). Sure now has 39 wells on 57,297 net acres producing 400 barrels of oil equivalent per day with another 150 barrels per day behind pipe. The company has 57,800 net acres of undeveloped land and another 390,000 acres under option with Advantage Energy Trust.