Entek Updates Activities in Niobrara Shale Oil Proj.

- Entek Updates Activities in Niobrara Shale Oil Proj.

Thursday, September 01, 2011
Entek Energy Ltd.

Entek provided an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L – The Frontier (secondary objective) has been successfully fracture stimulated. Limited testing has been performed before completion and testing operations start on the lowest of the Niobrara Benches in the well. Test results suggest the discovery of an oil prone sweet-spot in the Frontier Formation which is part of the Mowry Shale Resource Play. The play has been a secondary target across the Company's acreage since it tested hydrocarbons at an initial rate of 1.2 MMCFD and 10 BOPD in the Focus Ranch 12-1 well and since has shown significant oil and gas shows in each well where penetrated across the acreage.

Test results suggest that the 14 ft perforated zone in the Battle Mountain 14-10 well will be capable of around 20 BOPD and over 100 MCFD. It is most likely that the production from the Frontier will be comingled with production from the Niobrara once planned completion and testing operations in the well are complete. In the future the Frontier, like the Niobrara, is likely to become a candidate for horizontal drilling. The Company will provide an update as the appraisal program continues on the potential of the Frontier and Mowry Shale Resource Play across its acreage position.

The completion program for the Niobrara (primary objective), which includes fracture stimulation and testing, will be initiated this week with fracture stimulation planned around September 15.

Slater Dome (SD) Federal 24-9DL – The well has successfully reached its total depth of 8,300 ft after penetrating both the Niobrara and Frontier Formations. The well had significant oil and gas shows while drilling and was prepared for logging, with good hole condition reported. While pulling out of hole to run wireline logs a drill string connection mechanically failed. Operations are continuing to remove the drill string from the hole prior to logging.

C&C Cattle 18-8 – Location preparation is complete. It is anticipated that the rig will be mobilized from the 24-9 location to the 18-8 location over the next week. An additional rig is on standby to mobilize to the 18-8 location if operations on the 24-9 well take longer than expected.

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Entek IDs Oil Shows at Niobrara Shale Well

- Entek IDs Oil Shows at Niobrara Shale Well

Thursday, August 25, 2011
Entek Energy Ltd.

Entek provided an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L – The Frontier (secondary objective) has been successfully fracture stimulated and is currently flowing back fracture stimulation fluid. The well is being unloaded and initial testing will commence over the next week. The completion program for the Niobrara (primary objective), which includes fracture stimulation and testing, is on schedule to start in September 2011.

Slater Dome (SD) Federal 24-9DL – The well has successfully reached its total depth of 8,300 ft after penetrating both the Niobrara and Frontier Formations Formations with oil shows while drilling. The well is now being prepared for wire-line logging.

C&C Cattle 18-8 – Location preparation is complete and awaiting arrival of the rig from the SD Federal 24-9 location.

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Entek to Test Ops at Niobrara Shale Program

- Entek to Test Ops at Niobrara Shale Program

Thursday, August 18, 2011
Entek Energy Ltd.

Entek provided an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L – The Frontier (secondary objective) test program will be initiated within the next 10 days. The Niobrara (primary objective) completion program, which includes testing and fracture stimulation of the potential Niobrara pay zones, is scheduled to start in September 2011.

Slater Dome (SD) Federal 24-9DL – The well is currently drilling ahead at 3,200 ft after successfully setting casing at 2,520 ft. The planned total depth of the well is 8,627 ft.

Entek holds a 55% interest in the Green River Basin Joint Venture (GRBJV) with Emerald O&G holding 45%. Entek is the operator. The GRBJV now controls close to 80,000 gross acres, approximately 60,000 net acres, covering the Niobrara Shale Oil Play.

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Entek Flows Rates of 9.5 MMcfd at GA A133 Discovery

- Entek Flows Rates of 9.5 MMcfd at GA A133 Discovery

Tuesday, August 16, 2011
Entek Energy Ltd.

Entek announced the development of its GA A133 gas discovery, made in 2010, has been completed and gas is flowing at the planned 9.5 MMcfd on restriction. At current gas prices this should net Entek around US $250,000 per month. Entek has a 38% working interest in the block which is operated by Peregrine Oil & Gas II, LLC.

The GA A133 block has gross reserves of approximately 10 BCF associated with the recent discovery, with additional reserves linked to previous gas discovered on the block to be targeted at a later date.

Due to proximity to analogue production the GA A133 discovery well was not tested. This is common practice in the Gulf of Mexico where numerous existing producing analogues give a high level of confidence. The well is performing as predicted based on wireline log interpretation and correlation with offset analogue production.

For the same reason the Company did not flow test its recent oil discovery in VR 342. In this case analogue studies based on numerous existing producing analogues (performed independently on Entek's request) suggest potential flow rates of 500-1000 BOPD with minimal decline for the first 3-4 years.

Development planning is currently underway for the VR 342 oil discovery based on the flow rates described above and the independently certified gross reserves of circa 7.5 MMBO (1P 2.5 MMbo; 2P 4.8 MMbo; 3P 7.5 MMbo) and 9.5 Bcfg (1P 3.8 Bcfg; 2P 6.3 Bcfg; 3P 9.5 Bcfg) or 9.1 MMboe.

Additional wells are expected to be drilled in first half of 2012. First oil production is anticipated in 3Q 2012. Entek has 50% working interest in the VR 342 block.

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Entek Preps Battle Mountain Well for Testing in Niobrara Play

- Entek Preps Battle Mountain Well for Testing in Niobrara Play

Thursday, August 11, 2011
Entek Energy Ltd.

Entek provided an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L – The well is currently being prepared for testing in the Frontier Sandstone secondary objective. The completion procedure, which includes testing and fracture stimulation for the potential Niobrara pay zones is currently being refined by Halliburton.
Completion operations for the Niobrara are expected to start in September 2011.

Slater Dome (SD) Federal 24-9DL – The well has been spudded and is currently drilling the surface hole section at 400 ft. Casing is planned to be set at 2,500 ft before drilling the remainder of the well. The planned total depth of the well is 8,627 ft.

Entek holds a 55% interest in the Green River Basin Joint Venture (GRBJV) with Emerald Oil & Gas holding 45%. Entek is the Operator. The GRBJV now controls close to 80,000 gross acres, approximately 60,000 net acres, covering the Niobrara Shale Oil Play.

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Entek Updates Ops in Niobrara Shale Oil Proj. Appraisal Program

- Entek Updates Ops in Niobrara Shale Oil Proj. Appraisal Program

Friday, August 05, 2011
Entek Energy Ltd.

Entek provided an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L

The well has reached its total depth of 7,500 ft. Wire-line logs have been run and the well has been successfully cased and cemented ready for completion.

Preliminary interpretation of wire-line logs and correlation to offset wells show that the Niobrara section in this well contains significant potential pay zones (benches), as expected. In addition the Frontier Sandstone exhibits hydrocarbon saturation and is also being considered as a pay zone for fracture stimulation and completion.

The fracture stimulation program is currently being designed with Halliburton and is expected to start in August 2011.

The rig has been released and is currently mobilizing to the next location as the completion and fracture stimulation program is being designed for the Battle Mountain 14-10L well. Entek holds a 55% interest in the Green River Basin Joint Venture (GRBJV) with Emerald Oil & Gas NL holding 45%. Entek is the Operator. The GRBJV now controls close to 80,000 gross acres, approximately 60,000 net acres, covering the Niobrara Shale Oil Play.

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Entek Drills Ahead at Niobrara Shale Proj.

- Entek Drills Ahead at Niobrara Shale Proj.

Thursday, July 21, 2011
Entek Energy Ltd.

Entek provided an update on the Niobrara Shale Oil Project Appraisal Program in the Green River Basin.

Battle Mountain 14-10L- current operation, drilling ahead at 805 ft after setting surface casing and testing rig equipment. The proposed total depth of the well is 7,600 ft.

Entek holds a 55% interest in the Green River Basin Joint Venture (GRBJV) with Emerald Oil & Gas holding 45%. Entek is the Operator. The GRBJV now controls close to 80,000 gross acres, approximately 60,000 net acres, covering the Niobrara Shale Oil Play.

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Entek Launches Green River Basin Work Program

- Entek Launches Green River Basin Work Program

Tuesday, July 19, 2011
Entek Energy Ltd.

Entek announced the commencement of its Green River Basin work program for 2011.

DHS Rig-18 has spudded the Battle Mountain 14-10L well, which is the first of a minimum 3 well Niobrara Shale Oil appraisal drilling program in 2011. Battle Mountain 14-10L was selected from 7 currently permitted well locations based on close proximity to the Battle Mountain 14-15 well which flowed oil last year against all odds from a severely damage well bore (drilled by the previous operator). Subsequent wells in the program will be located based on drilling results, local operating season constraints and field operational considerations.

Entek holds a 55% interest in the Green River Basin Joint Venture (GRBJV) with Emerald Oil & Gas NL holding 45%. Entek is the Operator of the GRBJV. As a result of continued leasing activity and ongoing lease maintenance the GRBJV now controls close to 80,000 gross acres, approximately 60,000 net acres, covering the Niobrara Shale Oil Play.

The wells planned in the 2011 appraisal program will be drilled vertically to intersect the oilprone Niobrara Shale which can be up to 1,100 ft thick in the area. The wells are expected to penetrate the brittle naturally fractured bench intervals within the Niobrara section that have been proven as porous and permeable reservoirs in offset wells. As an example the Sierra Madre 12-20 well owned by Anadarko which is approximately 8 miles from the 14-10 well, had initial production of around 550 BOPD, has recovered in excess of 355,000 BO and is still on production. In addition, the fractured igneous intrusive reservoirs that are present in this area will be further
evaluated. The Company's Focus Ranch 12-1 well (which was tested in 2009 at a cumulative rate of 240 BOPD and 2.75 MMCFD) has already indicated the potential of the igneous intrusive reservoirs in the area.

The primary objectives of the 2011 vertical well appraisal program are to:

• establish deliverability and commercial production of the oil prone Niobrara Shale;
• identify the most prospective Niobrara intervals;
• gather technical information necessary to design and execute effective fracture stimulation treatments; and
• select which intervals to target with both vertical and horizontal wells in 2012 as part of the continued appraisal and development program.

The Company is working closely with Halliburton to design fracture stimulation treatments for at least one interval in each well this year with scheduled slots available from August. Initial flow test results from these wells are not expected to be available immediately after reaching total depth and logging. Rather, weekly announcements will be made each Thursday morning where drilling progress, fracture stimulation, testing and completion operations for each well will be updated as these operations will be occurring concurrently across all wells in the work program.

Interested parties are directed to review the Investor Presentation (to be presented to institutional investors from July) that was released to the ASX on July 14, 2011 for further information on the Niobrara Shale Oil Project in the Green River Basin as well as the Company's
update on its recent successful oil discovery in the Gulf of Mexico.

CEO and Managing Director Trent Spry commented, "It is exciting to have commenced our 2011 Green River Basin appraisal program. I am certain that our appraisal efforts in 2011 will provide the Company with the information and confidence it needs to accelerate appraisal and development in 2012. We are seeing increased industry activity across leasing, well permitting (both vertical and horizontal), and acreage acquisitions and transactions in the area as the attention shifts from the DJ Basin to the Green River Basin this
year. Industry activity and success will provide valuable information on the Niobrara in the GRB and is expected to have a significant impact on acreage value. I look forward to providing further updates from now until the end of the year on what is an exciting time for the Company."

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Entek Discovers Additional Oil Pay in GOM

- Entek Discovers Additional Oil Pay in GOM

Thursday, June 09, 2011
Entek Energy Ltd.

Entek provided an update on the VR 342 well in the Gulf of Mexico where the Company has a 50% working interest. The well is at 8,480 ft. Measured Depth (7,635 ft. True Vertical Depth) which will be the Total Depth of the well. The well has been deepened after wire-line logging of the primary L1 Sand target where greater than 40 ft. of oil pay has been interpreted.

The Company reported that the L2 Sand has successfully been penetrated by the well with preliminary results suggesting the potential for an additional 10 ft. of oil pay. Oil pay in the L2 sand in the fault block being tested by this well was not previously factored into the reserves calculation for the field. The joint venture will incorporate the results of wire-line logging and sidewall core analysis into mapping of the L2 Sand interval to determine its reserves potential. The L2 Sand will be considered as a completion interval in this well after depletion of the L1 Sand that will be developed first.

Previous gross 3P Reserves potential, established by previous drilling on the block, have been independently evaluated at circa 7.5 MMBO (1P 2.5 MMBO; 2P 4.8 MMBO; 3P 7.5 MMBO) and 9.5 BCFG (1P 3.8 BCFG; 2P 6.3 BCFG; 3P 9.5 BCFG), which did not include any reserves attributed to the L2 Sand in this fault block.

The 7 inch production liner has been run over both the L1 and L2 pay zones, the well has been suspended as a future producer and the rig has left location.

CEO and Managing Director Trent Spry commented, "Our intention was always to drill the current well deep enough to test the L2 sand section in this fault block. The L2 and L3 Sands are the target zones for two new wells (planned for 2012) in the fault blocks to the south of the one we have tested with this first well. In these fault blocks to the south both the L2 and L3 sands have been shown to contain hydrocarbons by previous drilling, as shown on the map above. It is a great result to have potential reserves in the L2 sand in the northern fault block as well. Development planning is now underway."

Entek provided an update on the VR 342 well in the Gulf of Mexico where the Company has a 50% working interest. The well is at 8,480 ft. Measured Depth (7,635 ft. True Vertical Depth) which will be the Total Depth of the well. The well has been deepened after wire-line logging of the primary L1 Sand target where greater than 40 ft. of oil pay has been interpreted.

The Company reported that the L2 Sand has successfully been penetrated by the well with preliminary results suggesting the potential for an additional 10 ft. of oil pay. Oil pay in the L2 sand in the fault block being tested by this well was not previously factored into the reserves calculation for the field. The joint venture will incorporate the results of wire-line logging and sidewall core analysis into mapping of the L2 Sand interval to determine its reserves potential. The L2 Sand will be considered as a completion interval in this well after depletion of the L1 Sand that will be developed first.

Previous gross 3P Reserves potential, established by previous drilling on the block, have been independently evaluated at circa 7.5 MMBO (1P 2.5 MMBO; 2P 4.8 MMBO; 3P 7.5 MMBO) and 9.5 BCFG (1P 3.8 BCFG; 2P 6.3 BCFG; 3P 9.5 BCFG), which did not include any reserves attributed to the L2 Sand in this fault block.

The 7 inch production liner has been run over both the L1 and L2 pay zones, the well has been suspended as a future producer and the rig has left location.

CEO and Managing Director Trent Spry commented, "Our intention was always to drill the current well deep enough to test the L2 sand section in this fault block. The L2 and L3 Sands are the target zones for two new wells (planned for 2012) in the fault blocks to the south of the one we have tested with this first well. In these fault blocks to the south both the L2 and L3 sands have been shown to contain hydrocarbons by previous drilling, as shown on the map above. It is a great result to have potential reserves in the L2 sand in the northern fault block as well. Development planning is now underway."

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Entek Makes Oil Discovery in GOM

- Entek Makes Oil Discovery in GOM

Thursday, June 02, 2011
Entek Energy Ltd.

Entek provided an update on the VR 342 well in the Gulf of Mexico where the Company has a 50% working interest.

The well is at 8,162 ft (Measured Depth) and has penetrated the primary L1 Sand target. Preliminary wire-line logging and RCI (MDT equivalent) analysis indicates greater than 40 ft of net oil pay with an API gravity of 32O based on interpretation of the RCI data.

Current operations are running side-wall cores to obtain additional reservoir and oil character information (including confirmation of the API gravity of the oil). The well will then be deepened to the planned total depth, which is 8,552 ft (Measured Depth) and the new hole section logged. Following this, production liner will be run across the open-hole section and the well will be suspended as a future producer. Development planning will begin immediately leading to first oil as soon as practicable. Further announcements will be made once the timing becomes clear.

The above results are as predicted pre-drill and provide further confidence in the gross 3P potential, established by previous drilling on the block, independently evaluated at circa 7.5 MMBO (1P 2.5 MMBO; 2P 4.8 MMBO; 3P 7.5 MMBO) and 9.5 BCFG (1P 3.8 BCFG; 2P 6.3 BCFG; 3P 9.5 BCFG).

As previously announced, it is not intended to test flow rate in this well. Analogue studies performed independently on Entek's request suggest potential flow rates of 500-1000 BOPD with minimal decline for the first 3-4 years. Further analysis will be conducted once side-wall core data has been analyzed. This is common practice in the Gulf of Mexico where numerous existing producing analogues give a high level of confidence.

CEO and Managing Director Trent Spry commented, "I am very pleased with the successful results of our first VR342 well which has delivered results to date as predicted. This is the first well in the Company's new oil focus and strategy in the Gulf of Mexico. Conventional oil production from the Gulf is an important part of the Company's strategy as it should provide significant cash flow for other value adding activities. We will continue to evaluate and high grade our oil prospects in the Gulf this year for drilling in 2012.
Following the success at VR 342 the Company's operational focus will now shift onshore to the evaluation of its Niobrara Oil Resource Play in Colorado and Wyoming."

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Entek Preps VR 342 Well for Casing in GOM

- Entek Preps VR 342 Well for Casing in GOM

Thursday, May 19, 2011
Entek Energy Ltd.

Entek provided an update on the VR 342 well in the Gulf of Mexico.

The well is at 5,145' (Measured Depth). Current operations involve finalization of running the 13 3/8'' casing and testing surface equipment before drilling ahead. The next casing point is planned to be around 7,500' where 9 5/8" casing will be set. The planned total depth of the well is 8,552' (Measured Depth).

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