Red Rock Energy Inc.

Red Rock Energy Inc.

September 05, 2007 15:51 ET

Red Rock Announces Completion of Stage One of Summer Drilling Program

CALGARY, ALBERTA--(Marketwire - Sept. 5, 2007) - Red Rock Energy Inc. (TSX VENTURE:RRK) announced today that it has completed the initial segment of drilling activity on its Uranium City exploration properties. The Red Rock drilling crew has successfully drilled nine complete holes, and the geological team has now forwarded two thirds of the core samples collected to a laboratory for assay testing. Results of this testing are expected to be made available to the Company shortly whereupon a further release will be issued.

In the meantime, the Uranium City-based staff and crew have been furloughed, and are scheduled to return to the property to recommence drilling activities this week. Red Rock reports that its qualified and experienced geological service crew, its local facilities in Uranium City, and other peripheral support programs and equipment have aided greatly in the efficient conduct of drilling operations to date.


Statements in this press release may contain forward-looking information including expectations of future production, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the company. These risks include, but are not limited to, the risks associated with the mining industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

The reader is further cautioned that the preparation of financial statements in accordance with generally accepted accounting principles requires management to make certain judgements and estimates that affect the reported amounts of assets, liabilities, revenues and expenses. Estimating reserves is also critical to several accounting estimates and requires judgments and decisions based upon available geological, geophysical, engineering and economic data. These estimates may change, having either a negative or positive effect on net earnings as further information becomes available, and as the economic environment changes.

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

Contact Information

  • Red Rock Energy Inc.
    Sandy Loutitt
    (403) 685-1047
    Red Rock Energy Inc.
    Lara Cull
    Operations Manager
    (403) 685-1047