SAN FRANCISCO, September 6 /CNW/ - Sun Cal Energy Inc., ("Sun Cal"),
(OTCBB:SCEY), an energy exploration company focused in the Southern San
Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound
of Louisiana and the Green River Basin of Wyoming is pleased to announce that
a second deep development gas well has been spudded, and is currently being
drilled on the Company's Hobart lease interest in Washita County, Oklahoma.
The well, Cunningham 1-12, builds on the successful drilling of the
Sturgeon 1-11 well and the recent application by Range Production Co. for a
third well, all on Sun Cal's Hobart Prospect in Oklahoma.
The target depth is the Springer Morrow, which has proved to be very
productive in Oklahoma and Texas. Sun Cal expects that the Springer Morrow
will be productive; noting that there are gas bearing shallower zones which
may also be commercial. No value has been assigned, pending definitive
Commenting on these developments, Lewis Dillman, President and Chief
Executive Officer of Sun Cal Energy Inc., states: "The operator's testing and
subsequent success on the initial development well and subsequent drilling
activity on a second well on the Hobart Prospect validates our acquisition
strategy. With a second major operator, Range Production Co., also initiating
plans for a third well, we believe the Hobart lease will continue to offer
significant potential for development and lead Sun Cal to production and cash
Sun Cal owns a 1.5% gross overriding royalty interest in the 1211 acre
Hobart prospect strategically located in the Anadarko Basin and part of the
Springer Morrow play -- the largest such play in the State and Mid-Continent.
Key players running rigs in the immediate area include Marathon Oil,
Chesapeake Energy, and Range Resources.
"Today's exploration, drilling and production technologies increase the
success in finding significant new reserves and given the established regional
infrastructure in Oklahoma, enable new production to be brought on quickly.
The operators in the immediate area have demonstrated their ability to
leverage these advantages," stated Lewis Dillman: "Sun Cal will continue to
seek high impact prospects with minimal cost, low risk and the potential for
partnerships or joint ventures with major industry leaders."
Shareholders and prospective investors are encouraged to visit Sun Cal
Energy's website: www.suncaloil.com and download Sun Cal Energy's Investor
Summary. Please feel free to call investor relations toll-free at
1-800-798-8334 to receive a full corporate investor's package.
About Sun Cal Energy Inc.
Sun Cal Energy Inc. is a publicly traded independent oil and gas
exploration company with headquarters in Calgary, Alberta, and an operational
office in San Francisco, California. Sun Cal Energy aims to secure and develop
a portfolio of oil and gas properties throughout America. The company is
strategically placed in the Southern San Joaquin Valley of California, the
Anadarko Basin of Oklahoma, the Breton Sound of Louisiana and Green River
Basin of Wyoming. Sun Cal Energy Inc. trades under the ticker symbol: SCEY --
"Sun Cal Energy Inc. -- Providing Energy Solutions to America".
On behalf of the Board
Lewis Dillman, President and CEO
Statements in this news release that are not historical facts are
forward-looking statements that are subject to risks and uncertainties. Words
such as "expects", "intends", "plans", "may", "could", "should",
"anticipates", "likely", "believes" and words of similar import also identify
forward-looking statements. Forward-looking statements are based on current
facts and analyses and other information that are based on forecasts of future
results, estimates of amounts not yet determined and assumptions of
management, including, but not limited to, the Company's belief that Sun Cal
Energy Inc. can identify and successfully negotiate leases for oil and gas
properties in California, Oklahoma and Louisiana that the Company can
participate in the exploration of those properties. Actual results may differ
materially from those currently anticipated due to a number of factors beyond
the reasonable control of the Company. Additional information on risks and
other factors that may affect the business and financial results of the
Company can be found in filings of the Company with the U.S. Securities and
For further information:
For further information: Sun Cal Energy Inc. Lewis Dillman, CEO,
1-800-798-8334 Investor Relations firstname.lastname@example.org http://www.suncaloil.com