Bird River Resources Inc.
CNSX : BDR

February 22, 2011 08:30 ET

Bird River Resources Inc. Acquires Additional Oil and Gas Exploration Property

WINNIPEG, MANITOBA--(Marketwire - Feb. 22, 2011) - Bird River Resources Inc. (CNSX:BDR) is pleased to announce that it was the successful bidder on a 160 acre (94 hectare) oil and gas parcel located at NE ¼ of 14-22WPM. The parcel (lease) is situated approximately 11 KM north east of Pierson, Manitoba. The public offering of Crown Oil and Gas Rights was held by the Government of Manitoba and the lease is for a five year term.

We are very optimistic about the potential of this property as it is near the Regent Field and there are three producing horizontal wells immediately north west of the Bird River Resources new 100% held lease. The lease agreement allows the drilling of up to four vertical wells or six horizontal wells on the property.

Additionally, BDR had previously acquired a 25% interest in several leases in the Pierson area with its joint venture partner Antler River Resources.

About Bird River Resources Inc.

BDR is a Winnipeg, Manitoba based resource exploration company. The Company is focusing on oil and gas exploration opportunities in south western Manitoba. BDR presently holds a 5% gross and a 4% net participation in four producing oil wells and one new well under development. Bird River Resources Inc. has 10,470,225 common shares outstanding and trades on the Canadian National Stock Exchange (CNSX) under the symbol BDR.

No stock exchange or securities commission has reviewed the adequacy or accuracy of this news release.

Contact Information