CALGARY, Dec. 3 /CNW/ - (TSX.V:PBT, FSE:P5W) Pemberton Energy Ltd. wishes
to announce that it received a drill license on November 30, 2007 for its
first of three drill locations on its Gage Peace River Arch Property. Licensed
drill location LSD is 6-15-82-03-W6M. Project depth is estimated at 1047
meters. The Company will test both Notikewan and Gething gas zones.
Pemberton Energy Ltd. has now secured a single drill rig No. 9 with
Phelps Drilling Co. of Calgary, AB instead of single drill rig No 8, as
previously announced on November 22, 2007, due to unforeseen delays that have
now been resolved.
Pemberton Energy Ltd's principal business is the acquisition, exploration
and development of petroleum properties. The company continues to focus on its
primary corporate objective: the creation of value for shareholders by
identifying oil and gas accumulations with relatively low geological risk but
with substantial reserve potential.
On Behalf of Pemberton Energy Ltd.
Ms. Miroslava Antonuk Director
TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE
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