MONTREAL, June 5 /CNW Telbec/ - As previously announced on April 26,
2007, Rolland Energy Inc. (TSX-V: ROE) is to sell its Technology Division
Assets for $1.4 million cash to a private Canadian corporation (the
"Purchaser"). The Purchaser is entirely at arms length from Rolland Energy and
there are no finders fees associated with the sale. Rolland Energy now expects
the transaction to close on or before June 15, 2007.
ABOUT ROLLAND ENERGY INC. - www.rollandenergy.com
Rolland Energy is a light crude oil producer based in south-western
Manitoba, building shareholder value through growth by combining low-risk
drilling and strategic acquisitions.
"The TSX Venture Exchange has not reviewed this release and therefore
does not accept responsibility for its adequacy or accuracy."
For further information:
For further information: Martial Rolland, (514) 333-9292