SOURCE: Pepper Rock Resources Corp.

Pepper Rock Resources Corp.

February 16, 2010 16:00 ET

Pepper Rock Resources Comments, "Natural Gas, America's Greatest Natural Energy Asset"

CHICAGO, IL--(Marketwire - February 16, 2010) - Pepper Rock Resources Corp. (OTCBB: PEPR) is pleased to provide their outlook on the company's position and the future of gas. It is widely known that natural gas is one of America's greatest resources. While reserves of oil and other resources are diminishing, new drilling technologies and techniques are allowing us to recover natural gas in the huge shale deposits in Texas, Louisiana, Arkansas and Appalachia -- vastly expanding our nation's natural gas reserves.

T. Boone Pickens, a 1951 geology graduate of Oklahoma State University, recently said that by investing in renewable energy and conservation, we can create millions of new jobs. We can develop new alternative energies while utilizing natural gas for transportation and energy generation, secure our economy by reducing our dependence on foreign oil, and we can keep more money at home to pay for the whole thing. We should use America's natural gas to replace imported oil as a transportation fuel in addition to its other uses.

What we know:

--  Since Wednesday, January 27, natural gas spot prices rose at most
    market locations in the lower 48 States, with increases of less
    than 10 percent on the week. Prices at the Henry Hub climbed $0.09,
    or about 2 percent, to $5.51 per million Btu (MMBtu).
--  At the New York Mercantile Exchange (NYMEX), the futures contract
    for March delivery at the Henry Hub settled on February 3
    at $5.42 per MMBtu, increasing by 19.5 cents or about 4 percent
    during the report week.
--  Natural gas in storage was 2,406 billion cubic feet (Bcf) as of
    January 29, which is about 7 percent above the 5-year average
    (2005-2009). The implied net withdrawal for the week was 115 Bcf.
--  The spot price for West Texas Intermediate (WTI) crude oil increased
    by $3.32 per barrel since Wednesday, January 27, to $76.96 per
    barrel or $13.27 per MMBtu.
           (source: US Energy Information Administration)

Given the above information from leading industry sources, we are confident in our board and optimistic for the outlook of our properties in Calgary, Alberta, Canada and West Texas.

Forward-Looking Statements

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Forward-looking statements involve risks and uncertainties. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the Company to be different from those expressed or implied. Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements.

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