Barnabus Energy and MB Gas Execute Letter of Intent on New Acquisitions.CALGARY, Alberta -- Barnabus Energy, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BBSE BBSE Bull Breeding Soundness Evaluation BBSE Bilateral Breath Sounds Equal (pulmonary examination finding) BBSE Brigade/Battalion Staff Exercise BBSE Ballyboden St. Enda's (Dublin, Ireland) ) is pleased to announce that a letter of intent (LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items ) has been signed with MB Gas (the Operator) in their ongoing land and infrastructure acquisition program in the Manyberries area of south-eastern Alberta, Canada. The LOI reaches an agreement between the Company and MB Gas as it pertains to a significant opportunity currently under negotiation in interests currently held by Innova Exploration Ltd., a major player in the region. Final agreements between all parties are expected shortly and the Company will announce full details as soon as they become available. ABOUT THE COMPANY Barnabus Energy, Inc. (BBSE) is committed to the exploration and development of oil and natural gas reserves throughout western North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Management has closely aligned itself with key strategic partnerships consisting of veteran, experienced oil and gas professionals. The company's model is a focused approach to the exploitation of targeted, low risk development opportunities and the exploration for high impact oil and gas reserves. Safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Barnabus Energy, Inc. has little or no control. ON BEHALF OF THE BOARD Barnabus Energy, Inc. Kerry Nagy, President |
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