Pennant Tests 1,011 boe Per Day at Bigstone, Montney Horizontal Well

Thomas Yingling, President of Pennant Energy Inc. (TSXV:PEN.V) is pleased to announce, pursuant to our September 28 press release it has been informed by the operator, Donnybrook Energy Inc. (Donnybrook) of Calgary, that the Bigstone, Montney Formation horizontal well, Donnybrook HZ Bigstone 14-29-60-22W5, has been successfully completed and flow tested. On October 12th, a 240 ton, 12 stage continuous fracture treatment along the 1254 meter lateral leg of the well (horizontal portion) was carried out over a 6 hour period. Immediately after, the well was flowed for cleanup and subsequently flow tested for approximately 4 days and is currently shut-in for built up. The well, after clean-up, produced gas and condensate over the last 24 hours of the test at approximately 4.3 million cubic feet per day (mmcf/day) and 295 barrels per day (bbls/day) of condensate (1011 barrels of oil equivalent per day, boe/day).

Point Roberts, WA - October 18, 2011- Investorideas.com, a leader in sector research including oil and gas stocks, issues a recent exclusive interview with Kim Bradford, President and CEO of Osage Exploration and Development, Inc. (OTCBB: OEDV) discussing the Company's recent expansion to 15,000 net acres in the Nemaha Ridge, Oklahoma horizontal Mississippian play.

Interview - Q: Investorideas.com
Kim, since the Company announced its joint venture with Slawson Exploration Company, Inc. and U.S. Energy Development Corporation back in May, your net acreage has grown from 10,000 to 15,000 net acres. Can you share with investors how a small company's strategy and approach to purchasing smaller acreage packages can work to your benefit and ultimately the shareholders?

Point Roberts, WA. October 12, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading alert for Osage Exploration and Development, Inc. (OTCBB: OEDV). The stock is trading at $0.50, up 0.15 (42.86%) on light volume in this morning’s trading session.  

The stock reached its 52 -week high of $0.62 following news of expanding its acreage on the Mississippian project and has pulled back recently to around $0.30 on low volume as oil prices fell. 

Daylight Energy Ltd. to be Acquired by Sinopec International Petroleum Exploration and Production Corporation

Daylight Energy Ltd. ("Daylight" or the "Corporation") (Toronto:DAY.TO) is pleased to announce that it has entered into an agreement (the "Arrangement Agreement") with Sinopec International Petroleum Exploration and Production Corporation ("SIPC") for the purchase of all of the issued and outstanding common shares of the Corporation (the "Common Shares") at a cash price of C$10.08 per Common Share, for total cash consideration of approximately C$2.2 billion. The transaction is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").