Open Range Energy Corp.

Open Range Energy Corp.

March 27, 2007 19:06 ET

Open Range Energy Corp. Announces the Filing of Its Annual Information Form

CALGARY, ALBERTA--(CCNMatthews - March 27, 2007) -


Open Range Energy Corp. ("Open Range") (TSX:ONR) has filed its Annual Information Form for the year ended December 31, 2006, which includes the following reports required under National Instrument 51-101 "Standard of Disclosure for Oil and Gas Activities": Form 51-101F1 "Statement of Reserves Data and Other Oil and Gas Information"; Form 51-101F2 "Reports of Reserve Data by Independent Qualified Reserves Evaluators"; and Form 51-101F3 "Report of Management and Directors on Oil and Gas Disclosure". The Annual Information Form can be found for viewing by electronic means on the System for Electronic Document and Analysis Retrieval at

Open Range Energy Corp. is a publicly traded Canadian energy company involved in the exploration, development and production of natural gas and crude oil in western Canada.

Reader Advisory

The documents referred to in this news release contain certain forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. All such forward looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond Open Range's control. Such risks and uncertainties include, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada and the United States, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. Open Range's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that Open Range will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to Open Range or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Open Range does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

Contact Information

  • Open Range Energy Corp.
    A. Scott Dawson, P.Eng.
    President and Chief Executive Officer
    (403) 205-3704