Alston Ventures Inc.

Alston Ventures Inc.

December 09, 2010 09:00 ET

Alston Ventures Inc. Announces Success at Recent Crown Land Sale

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 9, 2010) - ALSTON VENTURES INC. (TSX VENTURE:ALO) ("ALSTON") is pleased to announce the results of recent land sale activity on the Company's Joint Venture in the Chauvin Area, Alberta/Saskatchewan. 

The Company acquired its 50% share of 5,480 gross acres/2,740 net acres at the Alberta Crown land sale on December 1, 2010 and 800 gross acres/400 net acres at the Saskatchewan Crown land sale on December 6, 2010. This brings our total land holdings in the Chauvin area to 8,462 gross acres/4,231 net acres.

The Company has identified several drill targets on its land holdings in the area and plans to be active drilling in the area in 2011.

Alston Ventures Inc. is a Canadian-based energy company engaged in the production and exploration of oil and natural gas reserves in western Canada's sedimentary basins.

Neither TSX Venture Exchange nor its Regulation Services 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

  • Alston Ventures Inc.
    Don K. Umbach
    (403) 245-4261
    Alston Ventures Inc.
    Troy Winsor
    (604) 466-8934 or Toll Free: (800) 663-8072