Grand Banks Energy Corp.

Grand Banks Energy Corp. has retained Rundle Energy Partners to sell certain assets in Saskatchewan. The package includes an operated 50% participation interest in more than 22,000 gross acres (11,000 net) in the Viewfield/Stoughton Bakken project in exchange for 50% of drilling and completion costs for two gross test wells. Reserves include approximately 50 million stock barrels of oil originally in place. For more information, contact Tom Caldwell, 403-298-9725