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DualEx Files 2009 Second Quarter Results and Announces Sale of Saskatchewan Property
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[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\nDISSEMINATION IN THE UNITED STATES/\n\n\nCALGARY, Aug. 31 /CNW/ - DualEx Energy International Inc. (the "Company")\n(DXE, TSX-V) today filed with Canadian securities authorities its Second\nQuarter Financial Statements and Management's Discussion and Analysis for the\nperiod ending June 30, 2009. Copies of the filed documents may be obtained\nthrough www.sedar.com, DualEx's website www.dualexen.com or by emailing DualEx\nat [email protected].\n\n\nAlso, the Company is pleased to announce that it has signed a Purchase\nand Sale Agreement for the sale of its entire interest in the Leader Area of\nSouthwest Saskatchewan, for cash proceeds of $1,400,000. The Leader Property\ncurrently produces approximately 330 mcf/day of natural gas (55 boe/day) net\nto DualEx. The sale is anticipated to close in early September.\n\n\nDualEx Energy International Inc. is an oil and gas exploration company\nwith operations in the greater Mediterranean area. DualEx's common shares\ntrade on the TSX Venture Exchange under the symbol "DXE".\n\n\nForward-Looking Statements\n\n\nThis news release contains forward-looking statements and forward-looking\ninformation within the meaning of applicable securities laws. The use of any\nof the words "expect", "anticipate", "continue", "estimate", "objective",\n"ongoing", "may", "will", "project", "should", "believe", "plans", "intends"\nand similar expressions are intended to identify forward-looking information\nor statements. More particularly and without limitation, this news release\ncontains forward looking statements and information concerning DualEx's future\noperations and prospects. The forward-looking statements and information are\nbased on certain key expectations and assumptions made by DualEx, including\nexpectations and assumptions concerning equipment and crew availability, and\njoint venture partner financial capability. Although DualEx believes that the\nexpectations and assumptions on which such forward-looking statements and\ninformation are based are reasonable, undue reliance should not be placed on\nthe forward looking statements and information because DualEx can give no...