Blue Parrot Energy Inc. Announces Spudding of Their Third Well at the Bonnie Glen Cardium A Unit.Energy Editors/Business Editors CALGARY, Alberta--(BUSINESS WIRE)--March 12, 2004 Blue Parrot Energy Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture:BPA BPA British Paediatric Association. ) (Berlin Stock Exchange:BPX BPX Business Process Expert BPX Business Process eXcellence (Delphi Group event) BPX Burning Plasma Experiment BPX British Petroleum Exploration BPX Broadband Packet Exchange BPX Bus Parcel Express (Canada) ) is pleased to announce the spudding of their third well, 1-24-46-28W4 at the Company's Bonnie Glen Cardium Unit. The first two wells have been cased and awaiting final completion following the drilling program. The Company further announces that the transaction for the company's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Rival Resources, Inc. and their Coal Bed Methane(CBM CBM Commodore Business Machines CBM Coalbed Methane CBM Christoffel Blindenmission CBM Condition Based Maintenance CBM Confidence-Building Measures CBM Curriculum Based Measurement (education) CBM Cubic Meter )/Shallow Gas Project in Washington State that was due to close on March 1, 2004 is now considered null and void as the purchaser failed to fulfill their conditions of purchase. The Company will continue to explore avenues for further development of Rival Resources, Inc. About Blue Parrot Blue Parrot Energy Inc. (TSX Venture:BPA) (Berlin Stock Exchange:BPX) is an oil and natural gas exploration development based in Calgary, Alberta, Canada. Blue Parrot Resources, is currently producing 170 BOE/D from its Bonnie Glen oil wells, located near Edmonton, Alberta. Bill Elligson President The TSX-V has neither approved or disapproved this release. |
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