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Lux Energy Corp Acquires Additional Positions in West Central Alberta Project

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Lux Energy Corp. (the “Company”) has recently acquired an added working interest in the Barrhead production reservoirs located in West Central Alberta .   These reservoir locations were initially explored and developed as natural gas plays. The most recent development well drilled for its’ natural gas potential encountered a oil reservoir. The operator has advised that this oil zone is flowing at 40 barrels of high gravity crude per day including  the gas cap which is producing at 320 mcf.
Shane Broesky, President , reiterated comments from the operator stating that this was an unexpected  result whereby this  well is capable of  producing at these rates  and  that the structure has not been stimulated.  He continues to mention that this oil zone may very well extend to adjacent drilling targets . Well logs and further testing will give us an abundance of  geological information  to exploit  this discovery

Broesky  further comments that this discovery  event is most opportunistic.  “Lux Energy will pursue participation to our maximum capacities.  Indications are that a 10 well program is now contemplated. Lux is also in pursuit of a oil and gas project in Northern B.C. Financing arrangements for this endeavor  are in process.”

Lux Energy Corp. is an oil and gas production and exploration company focusing on developing oil and gas resources in North America. Further information and news releases are available at www.luxenergycorp.com .

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Lux Energy's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

SOURCE LUX Energy Corporation