oil and gas well investing

Latest News Release\\ 05 19 2010

05/19/2010 -  Pemberton completes surveying and releases projected cash flow

May 19, 2010 Calgary, Alberta, (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd. (Pemberton) is pleased to announce that it has received projected cash flows from its project manager for its upcoming Kindersley, SK project- Avon Hills15-21-30-22W3M and 16-21-30-22W3M wells.  Pemberton has completed surveying for these two LSD’s.  Below is the projected revenue prepared at a conservative price of $65/bbl -$70/bbl. These projected production numbers are based on the wells that are contiguous to our LSDs. Pemberton is still in the process of accepting offers for JV partners on its 16-21-30-22 W3M well.


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06/17/09 -
Montney targets could yield $ 53,000,000 in probable net revenue over 14years

Pemberton Energy Ltd.(“Pemberton”) wishes to announce that it has received an Evaluation of Prospective Resources in its Gage Area holdings and a report supplement delineating consideration of multiple staged fracture stimulation in horizontal Montney wellbores from Chapman Petroleum Engineering Ltd.


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Company Background \\

Pemberton Energy Ltd. is a publicly held independent energy company focused on the acquisition, exploration, and development of oil and gas properties.

The Pemberton team leverages its 200+ years of combined experience to increase shareholder value through the consistent identification of oil and gas assets with relatively low geological risk, yet substantial reserve potential.

Sound Company Strategy

Management’s commitment to success has translated into the aggressive reduction of over $1.2 million of inherited debt since 2002, while continuing the Company’s active expansion plan:

+ acquire
undervalued assets in proven geographic areas / geological plays
+ develop acquired assets in an efficient and cost-effective manner
+ expand current assets within the Company’s fiscal abilities
+ capitalize on niche market and exploration opportunities


 

 
ACQUISITION
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Explore Pemberton Energy Ltd. present holdings and see why we are excited about the future.

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EXPLORATION
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With recent 2D and 3D seismic survey's complete, Pemberton Energy is ready to explore our lands.

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DEVELOPMENT
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Our ultimate goal. Pemberton Energy Ltd. is moving to make 2008 our banner year.

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Pemberton Enertgy Ltd. - Trading Quote (++delayed approx. 30 min)

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