Suroco Energy Inc.
TSX VENTURE : SRN

Suroco Energy Inc.

October 26, 2009 20:45 ET

Suroco Energy Inc. Announces Temporary Suspension of Operations at Its Suroriente Block in Colombia

CALGARY, ALBERTA--(Marketwire - Oct. 26, 2009) -

(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Suroco Energy Inc. (TSX VENTURE:SRN) (the "Corporation") today announces that operations in the Suroriente block in the Putumayo Basin of Colombia have been temporarily suspended.

The suspension is due to civil demonstrations and road transport blockages related to local elections and is expected to be temporary in nature.

Following the road closures, production activity continued until available storage tanks were filled, at which point a decision was made to suspend production operations until all road access becomes available for operations to safely resume.

The Corporation is a Calgary-based junior oil and gas company, which explores for, develops, produces and sells crude oil, natural gas liquids and natural gas in Colombia and Western Canada. The Corporation's common shares trade on the TSX Venture Exchange under the symbol SRN.

Forward Looking Statements

Certain information regarding the Corporation contained herein may constitute forward looking statements within the meaning of applicable securities laws. Forward looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of facts. Although the Corporation believes that the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations will be realized. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward looking statements. The Corporation's forward looking statements are expressly qualified in their entirety by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Suroco Energy Inc.
    Travis Doupe
    VP Finance and Chief Financial Officer
    (403) 232-6784
    (403) 264-7455 (FAX)
    www.suroco.com