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County Line Energy Corp

BP's Planned Heavy Crude Refinery Raises Prospects for County Line Energy Corp and Other Canadian Producers

Calgary, Canada (ots/PRNewswire)

County Line Energy Corp. (Pink
Sheets: CLYC) President, Harry Bygdnes  announced today that the
future market for the heavy crude the company is  expected to produce
has improved dramatically with the recent announcement  that oil
giant BP (NYSE: BP) plans to invest US$3 Billion in a processing
plant in Indiana to begin refining Canadian heavy crude oil into
gasoline  for the US market -
http://www.bp.com/genericarticle.do?categoryId=2012968&contentId=7
022964.
"The rest of the world is just starting to realise what pioneers
in the  Canadian oil industry have known for some time now. The oil
sands and heavy  oil deposits of Alberta, where County Line Energy is
based, holds one of,  if not the largest petroleum reserves in the
world. The major investments  over the past couple of years by world
leaders like BP, Conoco-Philips and  Shell prove that there is an
enormous amount of wealth held within the  oilfields of Northwest
Canada and every major player in the petroleum  industry is now
scrambling to get a piece of the action. Fortunately,  County Line
Energy has already secured the rights to what we hope will  prove to
be a major producing oil field in one of the most promising  regions
of Alberta. BP's planned refinery is just one more validation that
our targeting of heavy oil properties will be supported by long-term
markets," says Harry Bygdnes, President, County Line Energy Corp.
"The technologies to extract the petroleum from the oil sands and
heavy  oil extraction techniques have advanced tremendously over the
past few  years. With key components ranging from extraction to
transportation and  refining all lining up, E&P companies with
established footholds in the  heavy oil production potential like
County Line Energy hold what should be  a very bright future,"
continues Bygdnes.
County Line Energy is currently focusing its efforts on several
oil and  gas prospects in East Central Alberta in an area of prolific
heavy oil  production. The company's initial prospects consist of a
significant heavy  oil exploration program near Hayter, Alberta. This
prospect represents a  potential multi-well drilling program possibly
totaling 20-25 shallow wells.  Well log information and previous 2D
seismic data indicate that a  structure containing up to 60,000,000
barrels of heavy oil may exist on the  property that County Line
Energy is in the process of developing.
The company is immediately initiating a 119 kilometer 3D seismic
program over this property to determine prospective drilling
locations.
The statements contained in this news release that are not
historical  facts may be statements regarding the Company's future
that involve risks  and uncertainties which could cause actual
results to differ materially  from those currently anticipated. For
example, statements that describe the  Company's hopes, plans,
objectives, goals, intentions or expectations are  all forward
looking statements. Any such statements made herein about the
Company's future are only made as of the date of this news release.
Numerous factors, many of which are beyond the Company's control, may
affect actual results. The Company undertakes no obligation to
publicly  update such forward looking statements to reflect
subsequent events or  circumstances.

Contact:

For further information: Harry Bygdnes, President and CEO, County
Line Energy Corp, +1-604-250-1033

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