Desmarais Announces Pursuit of Strategic Alternatives

    CALGARY, March 14 /CNW/ - The Board of Directors of Desmarais Energy
Corporation (TSXV: DES), in conjunction with management, has engaged Rundle
Energy Partners ( as its independent advisor to advise
and assist the Company in identifying and evaluating strategic alternatives
that are in the best interests of the shareholders. Alternatives to be
reviewed may include the sale, merger, or takeover of the Company, or the sale
of some or all of the Company's properties.
    The Company audit for the year ending December 31, 2006 is in progress,
with financial results to be filed by the end of April 2007. Desmarais also
announces that Wayne Singular, Controller and CFO will remain with the

    Certain statements regarding Desmarais Energy Corporation including
management's assessment of future plans and operations, may constitute
forward-looking statements under applicable securities laws and necessarily
involve known and unknown risks and uncertainties. These risks may cause
actual financial and operating results, performance, levels of activity and
achievements to differ materially from those expressed in, or implied by, such
forward-looking statements.

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein.

For further information:

For further information: James G. Long, President, Desmarais Energy
Corporation, Tel: (403) 265-8007, Fax: (403) 264-7076

Organization Profile

Desmarais Energy Corporation

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890