SOURCE: Pepper Rock Resources Corp.

Pepper Rock Resources Corp.

February 24, 2010 09:00 ET

Pepper Rock Resources Is Pleased to Announce Next Phase of Canada Project

CHICAGO, IL--(Marketwire - February 24, 2010) -  Pepper Rock Resources Corp. (OTCBB: PEPR) is pleased to give details on the next phase of the Southern Alberta, Canada project. The company purchased assets that include a 49% interest in a natural gas processing and compression facility; natural gas pipeline, additional infrastructure and certain lands associated to the infrastructure. The gas plant is capable of processing 10mmcf sour gas by regenerative solution, as well as sweet gas compression, gas metering and water storage. The facility is a key strategic element to the downstream regional production of gas from the pipeline. This project has been found to have the potential to contain over 8 BCF of natural gas.

Currently, Pepper Rock's goal is to place 4 wells online within the next 4 weeks. The natural gas pipelines on this property connect to a major trunk line operated by EnCana which extend out towards three gas wells ready for tie-in. Pepper Rock is currently undertaking plans to tie-in these gas wells.

Forward-Looking Statements

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Forward-looking statements involve risks and uncertainties. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the Company to be different from those expressed or implied. Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements.

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