HOUSTON, Sept. 17, 2012 /CNW/ - Enhanced Oil Resources Inc. (TSX-V: EOR)
(OTCQX: EORIF) announces that it is applying to the TSX Venture
Exchange to extend the expiry date of 4,654,999 outstanding share
purchase warrants issued in September and October 2010, to September
28, 2013, as to 2,085,000 warrants, September 30, 2013, as to 1,653,212
warrants, October 4, 2013, as to 754,287 warrants, and October 15,
2013, as to 162,500 warrants. These warrants were issued pursuant to a
private placement of 9,810,000 units, each unit comprised of one common
share and one half of one share purchase warrant, which closed in
September and October 2010, and entitle the purchase of up to an
aggregate 4,654,999 shares of the Company at a price of $0.25 per
share. Insiders of the Company own approximately 6% of the warrants.
About Enhanced Oil Resources Inc.
Enhanced Oil Resources Inc. (TSX.V: EOR; OTCQX: EORIF) trades in Canada
on the TSX Venture Exchange under the symbol "EOR" and in the United
States on OTCQX under the symbol "EORIF". Enhanced Oil Resources Inc.
is an early-stage company, with a principal goal of increasing crude
oil and natural gas production through enhanced oil recovery ("EOR")
and infill drilling projects it is initiating in the Permian Basin.
ON BEHALF OF THE BOARD OF DIRECTORS
Barry D Lasker, CEO
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE: Enhanced Oil Resources Inc.
For further information:
For more information about Enhanced Oil Resources Inc. please visit our Website at www.enhancedoilres.com. or please call Don Currie at 1-888-990-3551.