MEDIA RELEASE PR38144
Ecosse Energy To Expand Drilling Program - Company Increases Drilling Program to Five Onshore Wells
CALGARY, Alberta, Canada, Feb. 1 /CNW-AsiaNet/ - -
Ecosse Energy Corp. (CNSX: ECS) a company focused on oil exploration and production in Indonesia, today
announced it is increasing its 2010 drilling program to 5 on-shore wells from the original planned 3 wells on its
Bengkulu PSC in South Sumatra Indonesia.
The Company also announced that it is conducting pre-tender evaluation of
drilling contractors for the on-shore drilling program.
"Ongoing Geological and Geophysical work by the Company in Canada and
Indonesia has confirmed two new onshore prospects that will increase our
drilling program from three to five onshore wells for 2010," said Alan
Morrison, President and CEO of Ecosse Energy Corp. "We are curently also
evaluating our associated offshore acreage to firm up our drilling prospects
for a future offshore driling campaign. Both onshore and offshore resources
are being independently evaluated and updated 51-101 reports will be filed
shortly."
About the Company
Ecosse Energy Corp. was incorporated under the Canada Business
Corporations Act and is a reporting issuer in the Provinces of Alberta,
British Columbia, Manitoba, and Ontario. Its wholly owned subsidiary Endeavour
Energy (Bengkulu) Pty Ltd. ("EEB") is a private Australian company, operating
in Jakarta, Indonesia. EEB owns a 100% working interest in the Bengkulu PSC
("Production Sharing Contract") in Sumatra, Indonesia which allows it the
rights to explore and exploit the hydrocarbons within the PSC. The Bengkulu
PSC covers 4,101.92.94 km2 (1,013,602 acres) and consists of both onshore and
offshore portions. EEB is currently planning to drill 5 onshore exploration
wells in the Bengkulu PSC in 2010.
Further information concerning the Company can be found at www.sedar.com.
Neither the Canadian National Stock Exchange nor its regulation services
provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Ecosse Energy Corp
CONTACT: Alan W Morrison, President & CEO,
Ph: (416) 815-8311,
Ecosse Energy Corp.,
E-mail: info(at)ecosseenergy.com/
(ECS.)
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