Result Energy Inc.

Result Energy Inc., Calgary, has retained Rundle Energy Partners to sell its average 60% working interest in more than 19,000 gross acres in the Dodsland area of southwestern Saskatchewan. Average production is 280 barrels of oil equivalent per day from 54 gas wells and one oil well producing from the Viking formation at about 700 meters. Uphole potential exists in the Ribstone formation. The reserve life is approximately 10 years. Result has a 50% working interest in a gas plant. Contact Tom Caldwell, 403-298- 9725.