Anglo Canadian Oil Corp.
TSX VENTURE : ACG

Anglo Canadian Oil Corp.

September 27, 2011 08:00 ET

Anglo Canadian Oil Corp. Provides Ante Creek Drilling Operations Update

CALGARY, ALBERTA--(Marketwire - Sept. 27, 2011) - Anglo Canadian Oil Corp. (TSX VENTURE:ACG) ("Anglo" or the "Corporation") is pleased to announce that its 8-3-67-26 W5 Ante Creek well has been successfully cored, logged and cased. Completion operations are expected to commence within a week.

Also, the drilling rig is moving to 3-4-67-26 W5 and drilling is expected to begin imminently.

Theses two wells target the Nordegg and Montney zones.

Pending the successful results on these two wells, Anglo is prepared to drill horizontal wells from the same surface leases.

Anglo owns rights to 172,160 acres (269 sections) of potential Nordegg oil bearing lands in West Central Alberta, as well as 89,919 acres (140 sections) of potential oil bearing Beaverhill Lake and Duvernay lands in Central Alberta and an additional 17,640 acres (27 sections) of potential Bakken and Mannville oil bearing lands in the Kindersley area of Southwest Saskatchewan. In the vast majority of these lands, the Corporation holds a 100% working interest.

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Certain statements contained herein may constitute forward-looking statements Such forward-looking statements are subject to both known and unknown risks and uncertainties which may cause the actual results, performances or achievements of the Corporation to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Except as required by law, the Corporation does not undertake any obligation to publicly update or revise any forward-looking statements.

Neither the 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.

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