CALGARY, Oct. 20, 2013 /CNW/ - Nick Taylor, CEO announces that Alberta's Department of Energy has
extended by one year to June 11, 2015 their one section (640 ac) P&NG
lease to the base of the Charlie Lake Formation held 50-50 by Softrock
and its partner Greencastle Resources.
The company has also received letters of intent indicating a willingness
to drill a well on the 640 ac lease but a number of details, where the
devil may be hiding, remain to be ironed out.
Taylor says that interest was heightened in their lease as at the last
Alberta Government sale a 640 ac parcel of similar P&NG rights directly
off-setting the company's lease to the north sold for over $900,000,
while another parcel of one-half section at the same sale directly
adjoining to the southeast went for in excess of $200,000.
We seek safe harbour
Neither the TSX Venture nor its Regulation Service Provider (as the term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE: Softrock Minerals Ltd.