TRIPLE 8 ENERGY LTD.
TSX VENTURE : TEE

September 30, 2005 15:41 ET

Triple 8 Energy Ltd.: CDN $230,400 Sale of a 10% Working Interest Well in Alberta

CALGARY, ALBERTA--(CCNMatthews - Sept. 30, 2005) - Triple 8 Energy Ltd. (TSX VENTURE:TEE) (the "Company") which trades on the TSX Venture Exchange (TEE), wishes to announce that it closed today on the sale of its 10% working interest in an Alberta well which produces oil and associated natural gas and natural gas liquids for cash proceeds of $230,400. The sale was to an arms-length purchaser and no finders fees or commissions were paid in respect of the transaction. The effective date of the transaction is July 1, 2005. The Company intends to use the sale proceeds for general working capital and future acquisitions.



DATED at Calgary, Alberta this 30th day of September, 2005.

TRIPLE 8 ENERGY LTD.


Per: ---------------------
Dickson P. Chow, Director



Contact Information

  • Triple 8 Energy Ltd.
    Dickson Chow
    President
    (403) 269-3091
    (403) 261-0601 (FAX)
    or
    Triple 8 Energy Ltd.
    306, 602 - 11 Avenue S. W.
    Calgary, Alberta T2R 1J8