Galleon Energy Inc.

Galleon Energy Inc. has retained Sayer Energy Advisors to offer working interests in five oil properties, five gas properties and one oil and natural gas property in Alberta and Saskatchewan. The Properties are being marketed in four packages: Swift Current, southeastern Alberta, Lloydminster and Peace River Arch. Galleon holds a 100% interest in many of the properties and a high working interests in the rest. Net production of the all packages is approximately 614 barrels of oil equivalent per day (505 barrels of oil; 654,000 cubic feet of gas). Total and 5 billion cubic feet of gas for a total of 1.36 million barrels of oil equivalent. The Swift Current package in southwestern Saskatchewan includes a gas property at Wymark and an oil property at Delta West/Tompkins which also has gas potential. In southeastern Alberta, Galleon is selling its gas properties at Princess, Bindloss and Monitor along with its oil property at nearby Hoosier, Saskatchewan. The package near Lloydminster in Alberta involves producing oil properties at Wainwright and Lloydminster along with a producing gas property at John Lake. On the Peace River Arch at McLean's Creek and Springburn, Galleon is selling two producing oil properties which have significant development potential for both oil and for bypassed high deliverability shallow gas. The bid due date is Oct. 1. The effective date is Oct. 1. Contact Alan Tambosso, 403-266-6133.