Open Range Energy Corp. Announces Strong Reserves Growth in 2009
CALGARY, ALBERTA–(Marketwire – March 11, 2010) – Open Range Energy Corp. (“Open Range” or the “Company”) (TSX:ONR) is pleased to announce a 6.8-million-boe or 68 percent year-over-year increase in its total proved plus probable reserves, according to the December 31, 2009 independent evaluation by GLJ Petroleum Consultants Ltd. (GLJ) prepared in accordance with National Instrument (N.I.) 51-101. As Open Range plans to provide its audited financial and operating results for the year ended December 31, 2009 on or about March 17, 2010, certain financial and operating estimates have been presented herein with respect to the Company’s 2009 capital investment program.
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