CALGARY, ALBERTA — (Marketwire) — 08/16/12 — Primary Petroleum Corporation (TSX VENTURE: PIE)(OTCQX: PETEF) (“Primary” orthe “Company”) provides the following operational update on its Pondera-Teton Prospect located in the Southern Alberta Basin in NW Montana.
Horizontal Program
Vertical testing program
Seismic Program
Land Acquisition
About Primary Petroleum Corporation – Primary is a junior oil and gas company engaged in exploration and development activities in NW Montana and currently holds substantial land positions in both an unconventional and conventional resource oil play. The Company–s mandate is to continue to acquire strategic opportunities in the Sedimentary Basins of the Western United States and Canada and seek out qualified industry partners to assist in the exploitation and development. To learn more about us, please visit our website at:
FORWARD LOOKING STATEMENTS DISCLAIMER: Certain statements in this document may contain “forward-looking statements” or “forward-looking information” within the meaning of applicable securities legislation. Such forward-looking statements or information include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. The Company does not assume the obligation to update any forward-looking statement, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Primary Petroleum Corporation
Mike Marrandino
President & CEO
(403) 262-3132
(403) 262-3175 (FAX)