Ithaca Energy Inc. Announces Statement Concerning Share Price Movement

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Ithaca Energy Inc. ("Ithaca" or "the Company") (TSX:IAE.TO - News)(AIM:IAE.TO - News) notes the recent movement in the Company's share price on the Toronto Stock Exchange and confirms that it has received a confidential, non-binding proposal to acquire all of the outstanding shares of the Company. The proposal is conditional upon, among other things, due diligence, negotiation of all definitive documentation, receipt of all necessary approvals by the interested party and approval of the Board of the Company.

Lakeside Provides Update on Non-Binding Transaction Proposal

Lakeside Steel Inc. (TSX-V: LS.V - News) ("Lakeside" or the "Company") today announced that the extended period in which the Company has agreed to negotiate exclusively with the potential purchaser regarding an acquisition or similar transaction has been extended until 9:00 a.m. on Monday, January 23, 2012 in order to allow the parties to finalize definitive transaction agreements.

Since the previous announcement by the Company on January 10, 2012, the potential purchaser has completed all material due diligence inquiries. The proposed acquisition remains subject to certain conditions including the execution of a definitive transaction agreement between the Company and the purchaser as well as the execution of support agreements with directors of the Company and certain significant shareholders. There is no assurance that definitive transaction agreements will be executed by the parties or that the proposed acquisition will be consummated.

Wind River Energy Corp's Phat City 51-101 Report Indicates Long Term Potential of Between $145 and $2,278 Million (NPV-10) for Nisku Formation

Wind River Energy Corp.  (WVR - TSX Venture),announces the results from the 51-101 reserve report (the "51-101 Report") on certain of its properties, including the Company's Phat City project in Montana.  The 51-101 Report provides an assessment of the amount and value of the potential resource owned by Wind River in the two formations in Phat City discovered by the Company.  The two formations within the Phat City Project, called the Nisku and the Bakken/Three Forks formations, are confirmed to have oil in place based on the discovery well drilled by Wind River in late 2011. 

SAN DIEGO - January 18, 2012 (Investorideas.com Energy Newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV.OB) is pleased to announce the spudding of the Krittenbrink 2-36H on January 8, 2012 in Logan County, Oklahoma two days after the completion of the Company's second disposal well. The Krittenbrink 2-36H is the second horizontal Mississippian well to commence drilling in conjunction with its partners, Slawson Exploration Company and US Energy Development Corporation.

 Osage is also pleased to announce that total measured depth of 9,917 feet has been reached on the Wolfe 1-29H, the first horizontal Mississippian well in the Company's previously announced 20,000 acre Nemaha Ridge project.