FSC / Press Release
Enfield Seeks Tenders to Explore Alberta Oil & Gas Leases
Vancouver, British Columbia CANADA, March 14, 2014 /FSC/ - Enfield Exploration
Corp. (EXP - CSE),(the "Company" or "Enfield") (CSE:EXP) wishes to announce
that, further to its February 7, 2014 letter of intent with Richfield Oils Inc.,
it is progressing toward executing a definitive agreement with Richfield to
acquire a total of 258.8 hectares of oil and gas leases located in the Southern
Alberta Bakken trend (the "Leases"). The Leases are strategically located
adjacent to the Dee Three Ferguson pool and near two recent tests wells, one of
which flowed at 1,500 barrels of oil per day and the other at 1,150 barrels of
oil per day.
As such and with the recent announcement that Dee Three will drill 18 horizontal
wells in the adjacent area, Enfield will be seeking tenders for seismic shooting
to further delineate two core areas within the Leases. Enfield management plans
to continue evaluating the Leases, looking for industry partners to exploit the
resource potential of the Leases.
Enfield Exploration Corp. is engaged in the acquisition, exploration and
development of mineral and oil and gas resources. Enfield has the right to
acquire mineral interests covering approximately 486 hectares in central Yukon
Territory, is working toward the acquisition of oil and gas leases in Alberta,
and is currently evaluating oil and gas opportunities in Argentina.
Further information about the Company is available under its profile on the
SEDAR website www.sedar.com and on the CSE website www.thecse.com.
For further information, please contact:
President & Chief Executive Officer
Enfield Exploration Corp.
The CSE has neither reviewed, approved nor disapproved the content of this press
This press release may include forward-looking information within the meaning of
Canadian securities legislation, concerning the business of the Company.
Forward-looking information is based on certain key expectations and assumptions
made by management, including future plans for the exploration and development
of the properties of the Company. Although the Company believes that the
expectations and assumptions on which such forward-looking information is based
are reasonable, investors should not unduly rely on the forward-looking
information because the Company cannot assure that they will prove to be
correct. Forward-looking statements contained in this press release are made as
of the date of this press release. The Company disclaims any intent or
obligation to update publicly any forward-looking information, whether as a
result of new information, future events or results or otherwise, other than as
required by applicable securities laws.
To view this press release as a PDF, please click on the follow link:
Source: Enfield Exploration Corp. (CNSX: EXP)
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-0- Mar/14/2014 22:55 GMT
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