01:10 PM EST - Cloudbreak Resources Ltd. : announced an independent NI 51-101 compliant upgrade of its J5 parcel from the category of prospective resources to probable and possible reserves. Based on favourable reservoir parameters, Chapman Petroleum Engineering Ltd. of Calgary, Alberta, has estimated a total of 214,000 bbl probable plus possible reserves of 30 degree API oil in the Viking sandstone. Cloudbreak Resources Ltd.
shares V.CDB are trading up $.03 at $0.34.
