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DEETHREE EXPLORATION LTD.

03:29 PM EST - DEETHREE EXPLORATION LTD. : announced the results of a reserves and resource evaluation on and limited to certain of DeeThree's Bakken assets in the Lethbridge area of Alberta as of July 31, prepared by the Company's independent reserve engineering firm, Sproule Associates Limited. The reports confirm an extensive oil resource play with significant reserve upside. Highlights of the reports include: Total Contingent Oil and Prospective (Undiscovered) Original Oil in Place of 479.3 MMbbl; Best estimate of Ultimate Potentially Recoverable Oil Resources of 57.5 MMbbl of oil. DEETHREE EXPLORATION LTD.
shares T.DTX are trading down $0.21 at $4.77.