Castle Rock Petroleum Ltd.

Castle Rock Petroleum Ltd.

April 06, 2006 09:25 ET

Castle Rock Adds First Production at Hotchkiss

CALGARY, ALBERTA--(CCNMatthews - April 6, 2006) - Castle Rock Petroleum Ltd (TSX VENTURE:RCK.A) (TSX VENTURE:RCK.B) ("Castle Rock" or the "Company") is pleased to announce that it has tied-in the first three wells in its Hotchkiss project area, located in northwestern Alberta.

The wells have added additional production of 550 mcf per day (90 boe per day) to the Company. As a result of these tie-ins, Castle Rock's production is now over 200 boe per day.

Castle Rock Petroleum Ltd. is engaged in the acquisition, exploration, development and production of oil and natural gas reserves in western Canada. Castle Rock has 10,708,333 Class A Shares and 900,000 Class B Shares outstanding.

Oil equivalent amounts have been calculated using a conversion rate of six thousand cubic feet of natural gas to one barrel of oil. Boe's may be misleading, particularly if used in isolation. A boe conversion ratio of 6 mcf: 1 barrel is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

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

Contact Information

  • Castle Rock Petroleum Ltd.
    Roger Hume
    Chairman and CEO
    (403) 290-3262
    Castle Rock Petroleum Ltd.
    Michael Makinson
    VP Finance and CFO
    (403) 290-3261 or Toll free: 1-888-290-3255