Torrent's Second Exploration Project Now Includes 115,000 Acres in Washington State.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Torrent Energy Corporation (the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TREN) and its wholly owned operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Cascadia Energy Corp., ("Cascadia") are pleased to announce the following developments. Under the terms of an agreement with a major forest products company announced on August 17, 2005, Cascadia has completed its preliminary geological review of a 365,000 acreage block in southwestern Washington and has selected 100,000 of the most prospective acres for continued exploratory evaluation. Cascadia also retains a two-year right of first refusal Right of First Refusal In general, the right of a person or company to purchase something before the offering is made available to others. Notes: For example, a football team may have the right of first refusal on a player's contract. on the balance of this acreage. Based upon the geological interpretation of this initial 100,000 acreage block and the surrounding area, Cascadia decided to aggressively pursue additional acreage at the November competitive lease auction held in Olympia, Washington Olympia is the capital of the U.S. state of Washington. It was incorporated on January 28, 1859. As of the 2000 census, it had a population of 42,514. Olympia is the county seat of Thurston County and a major cultural center of the Puget Sound region. . The approximate 15,000 acres that was acquired from the State of Washington Trust lies directly adjacent or contiguous to Cascadia's 100,000 acre block. The acreage for which Cascadia was the high bidder was part of an inventory of State managed mineral parcels which received a significantly higher level of industry attention than previous lease sales. These properties include potential for both natural gas from coal and conventional natural gas opportunities. Cascadia and its 40% partner, St. Helens Energy LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , are coordinating a plan with the following steps: 1. continued geological assessment of this area, including seismic and existing well data 2. selective land purchases and continued land title work 3. review of specific sites for an exploratory work program, which may include a core hole program and/or a pilot well program Mr. Thomas Deacon
Thomas Deacon (September 21697-February 161753) was an English non-juror bishop, liturgical scholar, and physician. He was born to William and Cecelia Deacon. , President of Cascadia, indicated, "The large Cedar Creek Cedar Creek, small tributary of the North Fork of the Shenandoah River, N of Strasburg, N Va. It was the scene of a Civil War battle (Oct. 19, 1864) in which Union general P. H. Sheridan defeated J. A. Early. area reflects an opportunity to evaluate multiple, previously identified geologic leads and coal seams in a known coal-producing area of the Northwest which is very close to an existing interstate pipeline, gas storage fields and strong markets for natural gas." About Torrent Energy Corporation Torrent Energy Corporation is a growing exploration company focusing primarily on developing non-conventional natural gas reserves. The Company's current focus is the exploration of the Coos Bay Basin project in southwestern Oregon through its Oregon subsidiary, Methane Energy Corp., where the Company currently has a land portfolio that is in excess of 100,000 acres. The Company is also currently evaluating the potential of the Chehalis Basin of southwestern Washington through its Washington subsidiary, Cascadia Energy Corp., where the Company has a land portfolio that includes over 115,000 acres. For more information please visit www.torrentenergy.com. On behalf of the Board of Directors, TORRENT ENERGY CORPORATION Mark Gustafson, President 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. Statement This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to, our forecast that the acreage we selected is the most prospective with potential for both natural gas from coal and conventional natural gas opportunities; that we can successfully co-ordinate a plan to continue assessment, purchase more land and consider a work program; and that we have an opportunity to evaluate multiple, previously identified geologic leads and coal seams. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include the uncertainty of the requirements demanded by environmental agencies, the likelihood we could be outbid out·bid tr.v. out·bid, out·bid·den or out·bid, out·bid·ding, out·bids To bid higher than: We outbid our rivals at the auction. for further land in our target area, the Company's ability to raise financing for further purchases or operations or compliance with our obligations under our contracts, inability to maintain qualified employees or consultants, potential delays or obstacles in spudding and interpreting data, misinterpretation of data, equipment problems and the likelihood that no commercial quantities of gas are found or recoverable. For more risk factors about our Company, readers should refer to risk disclosure in our 10-KSB filed on EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. on June 30, 2005. |
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