Rodinia Oil Corp.

March 03, 2011 09:01 ET

Rodinia Oil Corp. Receives Deed of Access to Woomera Prohibited Area

CALGARY, ALBERTA--(Marketwire - March 3, 2011) - Rodinia Oil Corp., through its Australian, subsidiary Rodinia Oil (Australia) Pty. Ltd. ("Rodinia") (TSX VENTURE:ROZ) is pleased to announce that it has entered into a Deed of Access with the Australian Department of Defence that allows Rodinia to explore within the Woomera Prohibited Area ("WPA") within PEL 81 in South Australia. The Deed of Access allows Rodinia to enter the WPA, subject to various terms and conditions in relation to notification of timing for access, people entering and notification of equipment to be used during the survey.

Rodinia has proposed more than 400 kilometres of 2D seismic within the WPA. This program will commence shortly, in conjunction with its current seismic acquisition operations outside of the WPA, but all within PELs 81 and 253.

The total proposed seismic acquisition remains unchanged and is approximately 2,200 kilometers.

To date, Rodinia has acquired some 1,040 kilometres of 2D seismic. Much of the seismic acquisition has been around Rodinia's proposed drill targets to more specifically define the structures Rodinia will be drilling in the near future.

About Rodinia Oil Corp.

Rodinia, an international oil and gas corporation listed on the TSX Venture Exchange under the symbol "ROZ", is engaged in the exploration, acquisition and development of world-class onshore petroleum and natural gas assets in Australia's Officer Basin. Founded in 2006, Rodinia is one of the first companies of its kind to undertake onshore exploration in the Officer Basin and has access to large tracts of potential oil resources in the region. Rodinia has offices in Calgary, Alberta, Canada and Adelaide, South Australia. 

Forward-Looking Statements

This press release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Rodinia, including, without limitation, statements pertaining to access to the WPA and the acquisition of seismic. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in Rodinia's disclosure documents on the SEDAR website at Any forward-looking statements are made as of the date of this release and, other than as required by applicable securities laws, Rodinia does not assume any obligation to update or revise them to reflect new events or circumstances.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rodinia Oil Corp.
    Matthew P. Philipchuk
    Executive Vice President
    Rodinia Oil Corp.
    Shane Kozak
    Chief Financial Officer
    Brookline Public Relations
    Shauna MacDonald
    (403) 538-5645