The Buffalo Oil Corporation
TSX VENTURE : BFO

The Buffalo Oil Corporation

September 19, 2005 18:38 ET

Buffalo Oil Appoints Director

CALGARY, ALBERTA--(CCNMatthews - Sept. 19, 2005) - The Buffalo Oil Corporation (TSX VENTURE:BFO) announced today that the Board of Directors has appointed Roland Quinney as a director of the Corporation. Roland Quinney is Chief of the Frog Lake First Nation and this appointment recognizes the growing relationship between Buffalo, the Frog Lake First Nation ("FLFN") and Frog Lake Energy Resources Corp. ("FLERC"), the oil and gas company owned by the FLFN. Buffalo already has a significant interest in oil and gas operations on FLFN lands and recently agreed to purchase additional oil and gas assets on these lands in partnership with FLERC, and to act as the operator of these assets.

Chief Roland Quinney is a member of the Board of the Tribal Chiefs Association of Northeastern Alberta, an organization of Treaty #6 First Nations. Prior to his election as Chief, he served the Frog Lake First Nation as a Band Councillor for 22 years. He has been a member of the Frog Lake First Nation school board for several years and initiated the present Child Welfare Program for First Nations in Alberta.

In connection with this appointment, Buffalo has agreed to grant 35,000 stock options to Chief Quinney. The options are exercisable at a price of $1.51 per share until September 16, 2015. Buffalo now has outstanding 875,000 stock options, or 6.6% of the issued and outstanding common shares.

Buffalo is an emerging junior oil and gas company engaged in the exploration, development and production of oil and gas reserves in Alberta and Saskatchewan.

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

Contact Information

  • The Buffalo Oil Corporation
    Trevor Penford
    (403) 252-2462
    Email: tpenford@buffalo-oil.com
    or
    The Buffalo Oil Corporation
    William (Bill) Trickett
    (403) 252-2462
    (403) 252-1399 (FAX)
    Email: btrickett@buffalo-oil.com
    or
    The Buffalo Oil Corporation
    Suite 211, 7710 - 5th Street S.E.
    Calgary, Alberta T2H 2L9