Daytona Energy Corporation
TSX VENTURE : DTE

Daytona Energy Corporation

November 13, 2007 11:09 ET

Daytona Energy Corporation: Completion of Brazeau 10-5 Well

CALGARY, ALBERTA--(Marketwire - Nov. 13, 2007) - Daytona Energy Corporation (TSX VENTURE:DTE) announces the Brazeau 10-5-48-14 W5M infill well has reached total depth of 3,400 metres and production casing is being run. Completion of the Brazeau 10-5 well in the Gething formation (approximately 2,900 metres) is anticipated to commence the middle of December 2007 and the well will be fracture stimulated prior to being placed into production.

Daytona has a 6% non-operated working interest in the project.

Daytona is an oil and gas exploration/development company, focused on gas exploration in Alberta, Canada and the Gulf Coast region of the United States.

ON BEHALF OF THE BOARD OF DIRECTORS OF DAYTONA ENERGY CORPORATION

Jim Breimayer, President & Chief Executive Officer

Except for historical information contained in this release, the matters discussed are forward looking statements that involve risks and uncertainties. When used in this release, words such as "anticipate", "believe", "estimate", "expect", "probable" and "intend" and similar expressions, as they relate to the Company or its management, identify forward looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development; commercialization or technological difficulties; the regulatory and trade environment. The Company undertakes no obligation to revise any forward-looking statements as a result of future events or developments.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Daytona Energy Corporation
    Rebecca Myers
    Toll Free: 1-888-420-4788
    or
    Daytona Energy Corporation
    Jim Breimayer
    (903) 939-1380
    Website: www.DaytonaEnergy.com