TORONTO, April 27 /CNW/ - Pacific Stratus Energy Ltd. (TSX: PSE)
announced today that it has filed with Canadian securities authorities the
Company's updated Form 51-101F1 - Statement of Reserves Data and Other Oil and
Gas Information, Form 51-101F2 - Report on Reserves Data by Independent
Qualified Reserves Evaluator, and Form 51-101F3 - Report of Management and
Directors on Oil and Gas Disclosure, under National Instrument 51-101 -
Standards of Disclosure for Oil and Gas Activities. Copies of the filed
documents may be obtained through www.sedar.com or directly from Pacific
The updated reports address deficiencies in the filed documents relating
primarily to the absence of a constant case analysis in respect of certain
calculations. These revisions have resulted in no change to the reserves as
originally reported by the company.
Pacific Stratus Energy is a Canadian-based oil and gas company that
initiated operations in 2004. The company is focused on identifying attractive
opportunities primarily within the upstream Sub Andean basins. Pacific Stratus
has a current net production of 2,200 barrels of oil per day, with working
interests in the Caguan, Dindal, Rio Seco, Puli B, Doima (currently under
dispute), La Creciente, Moriche and Guama blocks in Colombia. The company has
offices in Toronto, Caracas and Bogota. Further information is available on
our website at www.pacificstratus.com.
This press release may contain forward-looking statements based on
assumptions, uncertainties and management's best estimates of future events.
Actual results may differ materially from those currently anticipated.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties. Important factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements
are detailed from time to time in the company's periodic reports filed with
the Ontario Securities Commission and other regulatory authorities. The
company has no intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
For further information:
For further information: Manfred Kruger, Vice President - Investor
Relations, (416) 362-7735, firstname.lastname@example.org