BREAKOUT FORECAST
APRIL 2005
!!! NEW U.S. ENERGY COMPANY !!!
-NEW ISSUE- -NEW ISSUE-
CYRR.PK CANARY RESOURCES, INC. CYRR.PK
Current Price $.84 [4/13/05] JUMP IN AND RIDE THE WAVE
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Canary Resources, Inc. Completes Forest City Basin Farm-Out Agreements with Osborn Energy |
Canary becomes the operator and owner of a 75% working interest
in Osborn Energy's entire undeveloped land position of approximately 76,869 acres of approximately 400,000 acres in North Eastern Kansas, and West Central Missouri. In exchange for funding all drilling activity, Osborn Energy retains a 25% working interest.
It is expected that this acreage will yield over 1,800 drill locations.
James Beatty, CEO of Canary Resources, Inc. commented, "We are fortunate to have a partner in Osborn Energy, the most experienced explorer and operator in the Forest City Basin, and the first company with commercial gas production. Osborn Energy's extensive investment in field-testing and research into drilling, completion, and production techniques provide a major competitive advantage for Canary Resources which mitigates exploration and development risk."
CYRR NEWS IS COMING - STOCK IS READY TO ROCK
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