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Tuesday June 18, 2013 9:09 PM ET. Data delayed 15 minutes.
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Border Petroleum Announces 2013 Reserves and Corporate Update
6:29PM ET on Friday May 24, 2013 by Marketwire Canada - NFD

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Border Petroleum Corp. (TSX VENTURE:BOR) ("Border" or the "Company") announces the results of its 2013 year-end oil and gas reserves evaluation and prov...

Company Information

Border Petroleum Corp. (Border), formerly Border Petroleum Inc., is engaged in the acquisition, development and production of crude oil, natural gas and natural gas liquids from properties located in the Province of Alberta and the State of Montana, the United States. The Company's properties include Norris, Cherhill, Cardiff and Red Earth located in Alberta. Its non-producing properties include Lloydminster, Red Earth and Phat City. The Company has a 57.5% working interest in the well 100/16-21-53-18W4 and 100% working interest in wells 102/16-21-53-18W4, 00/01-28-53-18W4, 102/01-28-53-18W4 and 100/04-27-053-18W4. Border has a 37.5% working interest in 640 acres (240 net acres) in the Cherhill area of west central Alberta. The Company has a 100% working interest in 160 acres in the Cardiff area of central Alberta, which consists of one Mannville oil well located at 100/14-34-55-01W5. Border has a 100% working interest in 2,080 acres in the Red Earth area of north central Alberta.

CONTACT INFORMATION

Headquarters#2000, 840-7th Avenue SW
CALGARY, AB, Canada T2P 3G2
Phone403-538-8448
Fax403-444-5042

EXECUTIVE OFFICERS

President, Chief Executive Officer, DirectorKelly Kimbley
Chief Financial OfficerJohn Aihoshi
Chief Operating Officer, DirectorSteven Thompson
Corporate SecretaryDouglas Stuve

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Market Cap$3.3MBeta1.79
Revenue (TTM)--EPS--
Shares Out.333.0MBook Value$0.13
Dividend Yield0.00%P/E--
Annual Dividend Rate$0.00Price/Sales (TTM)--
Ex-Div Date1/1/01P/Cash Flow (TTM)--
Pay Date1/1/01Operating Margin--

*GAAP = prior to non-GAAP analyst adjusted earnings.

(Non-GAAP)*

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