Listed: TSX Venture Exchange (Symbol: EOR)
HOUSTON, Nov. 26 /CNW/ - Enhanced Oil Resources (the "Company") will
conduct a teleconference to update shareholders on Friday, November 30th at
1 pm Eastern Standard Time.
Interested shareholders may listen to the update by dialing in toll free
at 1-888-458-1598 using pass code 52463 followed by the number sign. Following
the update there will be a brief question and answer period.
Enhanced Oil Resources Inc. is a development stage, enhanced oil recovery
(EOR), company that controls approximately 235,000 acres of land within the St
Johns Helium/CO2 field in Arizona and New Mexico where the Company is
developing what is thought to be the largest undeveloped resource of helium
and carbon dioxide gases in North America. Independent engineering firms have
estimated that the St Johns field contains approximately 15 trillion cubic
feet of in place resources, with a potential recoverable resource of
5 trillion cubic feet. Development of the project could result in the Company
becoming one of North America's largest CO2 suppliers and EOR producers. The
Company's strategic focus for CO2 delivery and EOR production is the Permian
Basin where significant potential exists for enhanced oil recovery from
mature, depleted oil fields.
ON BEHALF OF THE BOARD OF DIRECTORS
Barry D Lasker, CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information:
For further information: Don Currie on 1-888-990-3551