Petromin resumes production testing at Morningside

Dr. Ross Gorrell reports,

VANCOUVER, May 14, 2013 /CNW/ - Petromin Resources Ltd. (the "Company") is pleased to announce that the Company has completed the construction of facilities necessary to tie in the previously flared excess production gas into the offsetting gas pipeline, and the Company has received all necessary approvals to resume production testing of its Ellerslie Oil well.

Morningside is a multi-zone prospect with additional targets in the Basal Quarts (Ellerslie) formation, and bypassed gas targets in the Glauconitic, Osteracod, Belly River and Coalbed Methane (CBM) formations.

The Company retains an over-riding royalty before payout convertible to 25% working interest after payout.

Canada

Petromin's core Canadian properties are strategically located in Central Alberta (Morningside, Redwater, Frog Lake and Gilby)

China

Petromin is believed to be the only Canadian junior public company listed on the TSX Venture Tier One Board (PTR.V) to have an interest in China's Massive Coalbed Methane ("CBM") / Shale Gas Production Sharing Contracts ("PSC"). Petromin's interest is held through its current 22.28% ownership in Terrawest Energy Corp. ("TWE"). The PSC was acquired by TWE in December 2005 and after completing a coal study of all China, the Southern Jungar Basin in N.W. China's Xinjiang Province was handpicked for the 653 square kilometer PSC.

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.

SOURCE: Petromin Resources Ltd.

For further information:

PETROMIN RESOURCES LTD.

1120-1090 W. Pender Street

Vancouver, B.C. V6E 2N7

Telephone: (604) 682-8831

Fax: (604) 682-8683

Attn: Arthur Ross Gorrell

Profil de l'entreprise

Petromin Resources Ltd.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.