Bronco Energy Ltd.
TSX : BCF

Bronco Energy Ltd.

June 23, 2008 09:30 ET

Bronco Announces Filing of Prospectus and Tanks Back Online

CALGARY, ALBERTA--(Marketwire - June 23, 2008) - Bronco Energy Ltd. ("Bronco" or the "Company") (TSX:BCF) announces that it has filed its prospectus relating to its previously announced $63 million bought-deal financing.

Bronco also reports that the tank manufacturer completed repairs on June 11, 2008 to the inlet storage tank at the Bronco 11-01-80-23W4M battery. Since the completion of the repairs, the inlet tanks have been operating for 11 straight days without any issues and no further issues relating to the inlet tanks are currently expected.

This news release contains forward-looking statements which involve known and unknown risks, delays and uncertainties not under Bronco's control which may cause actual results, performance or achievements of Bronco to be materially different from the results, performance or expectations implied by these forward-looking statements. Forward-looking statements such as performance of the battery are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond Bronco's control. Bronco's expectations for future performance of the battery are based on the assumption that the battery will continue to perform as expected, but there can be no assurance that the battery will not have similar or other operational problems. Bronco undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements.

Contact Information

  • Bronco Energy Ltd.
    Brian Alford
    President and CEO
    (403) 699-8383
    (403) 693-0038 (FAX)
    or
    Bronco Energy Ltd.
    Stephen Terry
    Vice President Production
    (403) 699-8383
    (403) 693-0038 (FAX)
    or
    Bronco Energy Ltd.
    Rob Ellis
    Vice President Engineering
    (403) 699-8383
    (403) 693-0038 (FAX)
    Website: www.broncoenergy.ca