Buffalo Resources Corp.

Buffalo Resources Corp., Calgary, has retained Sayer Energy Advisors to sell certain properties in southeastern Saskatchewan and central Alberta. The Saskatchewan package includes high working interests in eight light oil properties, royalty interest in two shut-in light oil properties and one undeveloped parcel of Bakken rights (100% interest) in the Alameda, Handsworth, Heward, Ingoldsby, Midale, Steelman and Willmar North areas. One parcel of undeveloped Bakken rights at Heward is being sold as a separate package. Production is approximately 140 barrels of oil per day along with minor volumes of solution gas and natural gas liquids, for total net production of approximately 147 barrels equivalent. The Alberta package includes a minor working interest in three Pekisko oil wells and a royalty interest in one Glauconite gas well at Rimbey. Net production is approximately 23 barrels of oil equivalent per day. Additional assets include working interests in 25 producing oil wells and one natural gas well as well as two water disposal wells, four suspended or shut-in oil wells and one abandoned oil well that is awaiting lease restoration. Buffalo also holds royalty interests in seven producing and four shut-in oil wells. Total proved reserves are 191,000 barrels of oil equivalent. Total proved plus probable are 283,000 equivalent. Bids are due by Dec. 13. Contact Alan Tambosso, 403-266-6133.