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News
Release (CWQ-TSX-V)
(CWLXF.PK Pink Sheets)
Disclaimer: The TSX Venture
Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
Langley, BC,
Canada, March 15, 2009,
Curlew Lake Resources Inc. (the "Company") (TSX-V: CWQ) (Pink Sheets
CWLXF) announces that it has signed a letter of intent for an option
agreement with a third party pursuant to which it will enter into a two
well drilling option agreement by May 27th, 2009, ending March 27th
2012, on 6 sections comprising the Steen River oil and gas prospect of
Northern Alberta. The letter of intent calls for a non-refundable
deposit of $3,750 which will be paid from the operational revenue from
the companies Menard Oil project. Curlew Lake has secured a 25% position
in the play.
The Steen River structure located 700 miles north of Edmonton is an
impact crater producing from the outer rim up to 1000 b/d oil and 35
MMcf/d gas including 72 BCF gas reserves. The option lands are located
on the untested central uplift; and drill logs indicate a 1000 meter
relief on the fractured basement high. Other companies in the area
include Paramount Resources Ltd., Jed Oil and Gas, and Bearspaw
Petroleum Ltd.
For additional information or to be added to the corporate mailing list
please visit the following page
http://www.curlew-lake.com/cwq/mail.html
On Behalf of the
Board of Directors
Robert B. Pincombe
President.
For more information contact:
Curlew Lake Resources Inc.
David D. McKee, Chief Financial Officer
Tel: (647) 722-3454
Fax: (647) 722-4337
Email:
david.mckee@curlew-lake.com
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