Criterium Energy LtdTSXV: CEQ

Softrock Minerals releases final Audited Statements, MDA and Reserves

· Issued by Criterium Energy Ltd via CNW
CALGARY, May 4 /CNW/ - Softrock Minerals Ltd (SFT on TSX Venture
Exchange) has released its Audited Financial Statements, MDA and independent
Oil Reserve report.
Highlights of the reports are the success of Softrock's 30% interest in
an offset to the Saskatchewan Sparky heavy oil field and the subsequent
optioning of four or five more locations. Also no payments or fees were made
to any Director or insider, and after year-end the private placement of two
million shares at ten cents with a two year one-half warrant for $0.14 per
share, as well as issuing 150,000 shares and warrants at the same prices for
debt.
With respect to the independent reserve estimate filed under (NI 51-101)
by the same engineers that filed last year's report the estimated value of
future net revenue of proved plus probable reserves of all properties before
income tax using a forecast price and a 10% discount was $369,000 compared to
last year's $123,000 an increase of 300 per cent. Using the same reserves and
discount but using a constant price scenario the future net revenue was
$286,000 versus last year's $90,000, an increase of 318 per cent.
Softrock's annual general meeting is planned for Wednesday June 28, 2006
at 10:00 am at the Ramada Hotel on 708-8 Ave SW in Calgary with all
shareholders receiving notices and copies but meantime anyone will be able to
access the statements, and/or MDA and/or NI 51-101 by visiting Softrock's
website at softrockminerals.com or opening up SEDAR at site www.sedar.com

On behalf of the Board of Directors
The Honourable Nick Taylor, President and Director

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

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