Valparaiso Energy Inc. Termination of Letter Agreement for Asset Purchase

Not for distribution in the United States or through United States wire services.

CALGARY, Sept. 23, 2014 /CNW/ - Valparaiso Energy Inc. (the "Corporation") (VPO.H) announces that the letter of intent with a major Canadian exploration and production company to purchase producing oil and gas assets in North Central Alberta (the "Assets") has been terminated. The termination of the letter of intent is the result of the major Canadian exploration and production company's decision not to sell the aforementioned Assets due to a change in corporate policy.

The Corporation will continue to evaluate future oil and gas opportunities.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Neither the 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: Valparaiso Energy Inc.

For further information: William J. Wylie, Valparaiso Energy Inc., T: 403.266.5515 (Ext. 4), E: Bill@raptap.com; Norman Mackenzie, Valparaiso Energy Inc., T: 403.815.5204, E: njmack14@gmail.com

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Valparaiso Energy Inc.

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