Standard Exploration Ltd
TSX VENTURE : SDE

December 20, 2010 17:59 ET

Standard Exploration Ltd. Sells Its B.C. Mining Claims

CALGARY, ALBERTA--(Marketwire - Dec. 20, 2010) - Pursuant to an Agreement dated December 6, 2010, Standard Exploration Ltd., formerly MAX Minerals Ltd. (TSX VENTURE:SDE), sold all its mining claims in British Columbia to a private company for gross proceeds of $400,000.00.

Standard is a focused oil and gas exploration and production company with an asset base located in Southern Alberta.

The proceeds from the disposition will be applied towards its 2011 oil and gas exploration program.

Standard does not consider this transaction material to its business.

The Corporation is a Canadian based oil and gas corporation with operations in Alberta, Canada and is traded on TSX Venture Exchange. The Corporation's public filings may be found at www.sedar.com.

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

Contact Information

  • Standard Exploration Ltd.
    Ronald P. Wiebe
    President & CEO
    403-262-4450