ARAPAHOE ENERGY CORPORATION
TSX VENTURE : AAO

ARAPAHOE ENERGY CORPORATION

June 29, 2005 12:24 ET

Arapahoe Energy Corporation Announces Granting of Stock Options

CALGARY, ALBERTA--(CCNMatthews - June 29, 2005) - Arapahoe Energy Corporation (TSX VENTURE:AAO) (the "Corporation") announces that, subject to regulatory approval, the Corporation has granted 880,000 stock options to its directors, officers, employees and consultants exercisable at $0.43 per share. These options are valid for five years.

The Corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 are available for the grant of options.

The Corporation is a publicly traded junior oil and natural gas exploration company with its shares listed on the TSX Venture Exchange under the trading symbol "AAO". The Corporation is engaged in the exploration, development and production of oil and natural gas in Western Canada.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Arapahoe Energy Corporation
    Jeffrey L. Standen
    Chief Executive Officer and President
    (403) 920-0040 (ext. 1)
    Website: www.arapahoe-energy.com