Force Energy Corp.
OTC Bulletin Board : FORC
September 24, 2009 09:00 ET
Force Energy Corp. Provides Update on Diamond Springs Prospect
DENVER, COLORADO--(Marketwire - Sept. 24, 2009) - Force Energy Corp. (OTCBB:FORC) (hereafter "Force", "the Company"), is pleased to announce that further to the press release dated September 18, 2009 announcing the agreement with Continental Production Company, LLC of Casper, Wyoming, the Company is aggressively working on identifying its first drill targets.
According to Harry Patrick, President of Hawkeye Geosensing Ltd., Force Energy has a good chance of successfully completing on the Diamond Springs Prospect using their satellite map. The map clearly indicates concentrations of potential commercial hydrocarbons in three sections.
The map itself is based on Digital Spectral Satellite images. The analysis is based on pixel pattern recognition algorithms, the 2.31um (micron) hydrocarbon absorption anomaly, stressed vegetation analysis, and the reflectivity ratios of iron and clay minerals as seen in spectral satellite data. All interpretations are based on field experience and published data.
About Force Energy Corp.
Force Energy Corp. is an Oil & Gas Exploration and Development Company based in Denver, CO with a focus on Wyoming. Using a geology-based methodology, the US Geological Survey estimate a mean of 2.4 trillion cubic feet of undiscovered natural gas and a mean of 41 million barrels of undiscovered oil in the Wind River Basin Province of Wyoming. Force Energy Corp. has acquired 75% working interest in the Diamond Springs Prospect located within this prolific area. The Company's shares are publicly traded on the OTCBB under the ticker symbol FORC.
On behalf of the Board of Directors
FORCE ENERGY CORP.
Legal Notice Regarding Forward-Looking Statements
Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "has", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.
Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on Edgar of other junior oil and gas exploration companies with the US Securities and Exchange Commission.