PetroGlobe Announces New Oil Pool Discovery and Second Quarter Drilling Results

PetroGlobe Inc ( PGB ) is pleased to announce it made a new oil pool discovery in southern Alberta and completed its final farmin obligation with the drilling of two exploration natural gas wells in central Alberta.

The light oil well, located in the Grand Forks/Taber area of southern Alberta was drilled under a farmin agreement and targeted the upper Sawtooth formation. The well was perforated and completed in the upper Sawtooth and flowed a stabilized 46 bbls of 32 API gravity oil per day and had a 20% water cut.

The Corporation plans to commence production immediately and the production results will be evaluated in combination with the Corporation's recent 3 D seismic data to determine next stage delineation drilling.

Corridor Reports Results of Independent Shale Gas Resource Study

Corridor Resources Inc ( CDH ) provided a summary of the results of an independent study of the quantity of shale gas resource contained within the Frederick Brook formation in the Sussex/Elgin sub-basins of southern New Brunswick. The study, effective June 1, 2009 conducted by GLJ Petroleum Consultants of Calgary, Alberta, states that the best estimate of discovered resources in the study area is 67.3 TCF gross and 59.1 TCF Corridor working interest (refer to table below). The study was conducted in accordance with the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. The results of this study are based on all available seismic and well information within the study area provided by Corridor to GLJ . The GLJ study addressed only in-place gas volumes since insufficient information is available at this time to estimate the technical or economically recoverable amount of shale gas within the study area.

Investor Ideas Provides Natural Gas Stocks Directory Update for Members 

POINT ROBERTS, Wash., Delta B.C., June 18th, 2009 - www.InvestorIdeas.com, a leading investor research portal specialized in sector investing recently updated the Natural Gas Stocks Directory and added it to the growing list of stock directories and investor tools for Investor Ideas members.

This week, at Investor Ideas, the search phrases: “Natural Gas Stocks and Canadian Natural Gas Stocks” were the top inbound searches at Investorideas.com and its natural gas stocks portal, www.naturalgasstocks.com.

Bronco Announces AGM & Operations Update

Bronco Energy Ltd. ("Bronco" or the "Company") (TSX: BCF.TO) announces the filing of it's Information Circular and other materials for its upcoming Annual General Meeting ("AGM") on Monday June 29, 2009 at 2:00pm MDT. At the AGM, shareholders will be asked to re-approve the Shareholder Rights Plan that was first approved at Bronco's 2006 AGM, subject to amendment, all as described in the Information Circular. Electronic copies of the above documents may be obtained from SEDAR at www.sedar.com or from Bronco's website at www.broncoenergy.ca/financial-reports.php.

The following letter incorporates our operational update, and will be mailed along with our AGM materials.