VANCOUVER, Jan. 13 /CNW/ - Great Pacific International Inc. ("GPI") (TSX.V: GPI) is pleased to announce that our 100% owned subsidiary, GPI Oil and Gas has been successful at purchasing additional Petroleum and Natural Gas leases for 2 sections of land (1,280 acres) in Northern Alberta where the company is directing its exploration and development activities. The company has a 100% working interest in these properties. Our total holdings have now increased to over 26,280 gross acres (over 24,780 net acres) in Alberta. The company plans to continue to pursue acquisitions, adding to their land base for further exploration and development.
For listing of the company's land holdings see at http://www.gpicanada.net/operation/.
About Great Pacific International
Great Pacific International is a public company actively engaged in the exploration, and development of natural gas and crude oil. The company's strategy is focused on creating value for shareholders by acquiring and developing petroleum and natural gas leases primarily in western Canada. Great Pacific's shares are listed on the TSX Venture Exchange under the symbol GPI.
On behalf of the Board,
"Thal S. Poonian"
Thal S. Poonian President
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Great Pacific International Inc.
For further information: Thal S. Poonian, President, at 604-940-9190, toll free 1-877-942-8765, or by email email@example.com