Particle Drilling Technologies Announces Field Trial Results and Its Intent to Pursue Strategic Alternatives

Particle Drilling Technologies, Inc. (Nasdaq:PDRT) (the "Company") announced today, results from its most recent commercial field trial. The Company's Board of Directors also formed a special committee to evaluate and pursue strategic alternatives, including a strategic industry joint venture, technology licensing arrangement, sale of the company and other available alternatives.

Results of Commercial Field Trial

The Company recently deployed its Particle Impact Drilling ("PID") System to drill the Travis Peak formation in the Deep Bossier play in East Texas.

Nordic Now Has 10 Wells on Production in Alberta; Six More Expected to Come on Stream This Fall

Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. ("Nordic" or, the "Company"), today announced that the Company now has four wells on production at Lloydminster, Alberta, with a further two expected to come on production shortly.

In addition, three new well locations have been identified at Lloydminster and surveying is set to begin shortly, with drilling to follow thereafter.

At Joffre, Alberta, the Company's new Belly River well has been drilled, cased and logged and will come on production in the coming weeks. "We expect this to be a strong producing well for us and will significantly impact our production from the Joffre area," Mr. Benson said. Furthermore, the Company will be licensing three new wells at Joffre shortly.

Epsilon Energy Ltd. Acquires Large Marcellus Shale Acreage Block in New York

Epsilon Energy Ltd (TSX: EPS) ("Epsilon" or the "Company") is pleased to announced it has entered into an agreement to acquire 10,200 gross (5,100 net to Epsilon) prospective Marcellus shale leasehold acres in Chemung and Tioga counties in New York from a privately held company for approximately $5.1 million in cash. The Company now holds approximately 87,200 gross (42,600 net) prospective Marcellus shale leasehold acres in New York and Pennsylvania.

The acquired acreage is included within an existing joint venture and Area of Mutual Interest ("AMI") for which the Company is the operator and holds a 50% working interest. Two other privately held companies each hold a 25% working interest in the joint venture and AMI.

First Calgary Petroleums Ltd. announces sale to Eni S.p.A.

First Calgary Petroleums Ltd. (TSX: FCP, AIM: FPL) (FCP or the Company) announces that Eni S.p.A. (Eni) has agreed to acquire all the common shares and convertible bonds of FCP. Under the terms of the definitive agreement, shareholders will receive C$3.60 per share in cash and bondholders will receive 108% of par (plus accrued interest). The transaction values FCP's fully diluted share capital at approximately C$923 million which represents a 52.5% premium to the closing price of C$2.36 on the Toronto Stock Exchange (TSX) on 2 September 2008 (being the last trading day before FCP announced that it had received proposals) and a 59.2% premium to the 30 day weighted average trading price of C$2.26 per share prior to 2 September 2008.

The Board of Directors of FCP has unanimously determined that the proposed transaction is in the best interests of FCP, and has unanimously recommended that FCP securityholders vote in favour of the transaction.