Mooncor announces acquisition of additional acreage in Hamburg area at public offering of Crown Petroleum and natural gas rights

    MOO: TSX Venture Exchange

    CALGARY, April 30 /CNW/ - Mooncor Oil & Gas Corp. ("Mooncor") is pleased
to announce that is has acquired 46,720 acres (73 sections) of 100% working
interest land on its previously announced Hamburg Muskwa shale gas play in
northern Alberta. This latest acquisition increases Mooncor's total land
position on this play to 103,680 acres (gross and net) and should, therefore,
increase Mooncor's total estimate of Contingent Resources and Prospective
Resources and Recoverable Gas-In-Place at Hamburg. Mooncor will engage
DeGolyer and MacNaughton Canada Limited to update its National Instrument
51-101 compliant estimates of Contingent and Prospective Resources and
corresponding Recoverable Gas-in-Place shortly.

    Business of Mooncor Oil & Gas Corp.

    Mooncor Oil & Gas Corp. is a junior oil and gas exploration and
development company with unconventional shale gas, light oil and heavy oil
projects in Saskatchewan, Alberta and southwestern Ontario. Mooncor is
focusing on its shale gas opportunities with a current emphasis on the high
impact proven shale gas play at Hamburg. Hamburg is Mooncor's newly discovered
southeast extension of the Horn River Basin Muskwa shale system into northwest

    The information in this news release includes certain information and
statements about management's view of future events, expectations, plans and
prospects that constitute forward looking statements. These statements are
based upon assumptions that are subject to significant risks and
uncertainties. Because of these risks and uncertainties and as a result of a
variety of factors, the actual results, expectations, achievements or
performance may differ materially from those anticipated and indicated by
these forward looking statements. Although Mooncor believes that the
expectations reflected in forward looking statements are reasonable, it can
give no assurances that the expectations of any forward looking statements
will prove to be correct. Except as required by law, Mooncor disclaims any
intention and assumes no obligation to update or revise any forward looking
statements to reflect actual results, whether as a result of new information,
future events, changes in assumptions, changes in factors affecting such
forward looking statements or otherwise.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.

For further information:

For further information: Richard Cohen, Vice-President (Corporate
Development), Mooncor Oil & Gas Corp., Tel: (905) 882-4422,; Jason Monaco, First Canadian Capital Corp., Tel: (416)

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Mooncor Oil and Gas Corp.

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