SOURCE: Pepper Rock Resources Corp

Pepper Rock Resources Corp

March 26, 2010 16:57 ET

Pepper Rock Resources Provides an Update on West Texas Project

CHICAGO, IL--(Marketwire - March 26, 2010) - Pepper Rock Resources Corp. (OTCBB: PEPR) is pleased to announce an update on its work program for the natural gas wells re-worked under the terms of its joint venture program in West Texas.

As reported earlier, the 2 wells under the joint venture with Oxalis Energy Group of Katy, Texas, have been now drilled, completed (cased and cemented) and are awaiting the perforation and fracturing ("frac") process. Discussions are underway with different service companies to bid for this work. 

Early indications have shown good pressure in the wellbore which has shown an open flow of gas. Upon completion of the perforation and frac procedures, the wells will be tied in to the sales pipeline for commercial production.

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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