Published: 11:00 14.11.2006 GMT+1 /HUGIN /Source: Habanero Resources Inc. /GER: HRJ /ISIN: CA4044471049
Habanero Announces That Athabasca Oil Sands Prospect Operations About to Commence
VANCOUVER, British Columbia, Nov. 14, 2006 (PRIMEZONE) -- Habanero Resources Inc. ("Habanero") (Frankfurt:HRJ), (TSX:HAO), (Pink Sheets:HBNRF) wishes to announce that management has been informed that seismic operations on one of the Athabasca Oil Sands prospects that Habanero has an interest in is scheduled to commence shortly. Jason Gigliotti, president of Habanero stated, "It is great to be starting up operations on one of the Athabasca Oil Sands prospects Habanero has an interest in to coincide with the extensive work being done on the 55,000 acre Peace River Oil Sands prospect that Habanero also has an interest in. We feel that 2007 could be a milestone year for Habanero as we look forward to participating in the exploration of multiple prospects in the Alberta Oil Sands."
Habanero is an emerging junior oil and gas company focused on oil and gas exploration and production in North America. Habanero is one of, if not the smallest market capitalized company, that has interests in five separate Oil Sands prospects, including having exposure to approximately 55,000 acres of Oil Sands interests though its equity ownership in Andora. Habanero currently earns conventional oil and gas revenue from multiple wells located in North America. Habanero's goal is to become a mid range oil and gas producer. Habanero owns 700,000 shares of Andora.
The Habanero Resources Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2349
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BY ORDER OF THE BOARD OF DIRECTORS
"Jason Gigliotti"
Jason Gigliotti, President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
CONTACT: Habanero Resources Inc.
+1 (604) 646-6900
Fax: +1 604-689-1733
ir@habaneroresources.com
www.habaneroresources.com
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