Anglo Canadian Oil Corp.

Anglo Canadian Oil Corp.

September 13, 2011 08:00 ET

Anglo Canadian Oil Corp. Spuds Ante Creek 8-3-67-26 W5

CALGARY, ALBERTA--(Marketwire - Sept. 13, 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 spudded. Drilling operations are expected to continue for a further two weeks followed by well completion.

The drilling rig is expected to be moved to Anglo's 3-4-67-26 W5 immediately following the 8-3 well.

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.


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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