Donnycreek also reports that in accordance with its previously approved stock option plan, the board of directors has today granted Mr. Marsh a total of 300,000 incentive stock options (“Options”) to purchase common shares of the Company. The Options each have an exercise price of $2.00 per share and are exercisable for a period of 3 years from the date of grant.
About Donnycreek Energy Inc.
Donnycreek is a Calgary based public oil and gas company which holds 253 gross sections (174 net sections) of petroleum and natural gas rights, with an average working interest of approximately 69%, prospective primarily for Montney liquid rich natural gas resource development in its 3 core areas: Kakwa, Wapiti and Chicken, all of which are located in the Deep Basin area of west central Alberta.
Further information relating to Donnycreek is also available on its website at www.donnycreekenergy.com.
ON BEHALF OF THE BOARD OF DONNYCREEK ENERGY INC.
Malcolm F.W. Todd, Chief Executive Officer
Donnycreek Energy Inc.
Malcolm Todd
President and Chief Executive Officer
(604) 684-4265
(604) 684-2356
www.donnycreekenergy.com