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Last updated on May 26, 2012 at 11:48 EDT

Sun River Energy Announces Findings From Colfax County New Mexico Interim Report

July 9, 2009
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WHEAT RIDGE, Colo., July 9 /PRNewswire-FirstCall/ — Sun River Energy Inc. (OTC Bulletin Board: SNRV) is pleased to announce that Thomasson Partner Associates has delivered the Interim Report on Sun River Energy’s Colfax County New Mexico property. Thomasson Partner Associates has performed an assessment of the available public-domain geological and geophysical data, and concludes there are indicators of an older (Pennsylvanian age, 300 million year old) buried basin (“Sub-basin or Elevator Basin”) in the area of the Company’s Acreage.

Elevator basins represent a significant exploration target due to their geologic setting. A combined source and reservoir rock package is sealed, buried, and matured to create hydrocarbons. In theory, hydrocarbons are trapped in the sub-basin, which forms a resource-play target: an exploratory well that penetrates the sub-basin and is properly completed may be productive. An elevator basin in the Tucumcari Basin south of the Company’s prospect area is currently the subject of an active exploration and production program.

Thomasson Partner Associates has recommended a focused exploration program to assess the elevator basin with a 2D seismic grid and surface geochemistry acquisition, and to evaluate the potential of the remainder of the Sun River acreage with gravity, magnetic and surface geological methods, and final definition with 3D seismic. The purpose is to determine a drill site by the fall of 2009.

Jay Leaver, Executive Vice President of Thomasson Partner Associates, Inc., consultant to Sun River Energy, Inc. says “Our review of the available geological and geophysical data was very encouraging: all data sets were congruent with the sub-basin model. We look forward to acquiring 2D seismic to confirm the picture painted by gravity, magnetics, and well data and selecting a well site to test the hydrocarbon potential of the area.”

Redgie Green, Sun River Energy’s President/CEO says “The Company is cautiously encouraged by the results provided in the Thomasson Partner Associates Interim Report. We are pleased by Thomasson Partner Associates dedication to continue to meet our deadlines which keeps us on track with our business plan to further develop our properties. This allows us to move on to the next stage of our plan, exploiting the fee minerals owned by Sun River Energy.”

About Thomasson Partner Associates, Inc.

Throughout Thomasson Partner Associates’ seventeen year history, Thomasson Partner Associates has established a reputation within the industry as the leader in providing first quality, technically solid, oil and gas opportunities. This has been accomplished through the selection of accomplished, experienced and proven gas and oil explorations as part of integrated project teams.

Thomasson Partner Associates’ primary focus is on high-impact projects with the potential to discover truly significant reserves. Thomasson Partner Associates record proves their ability to provide a vehicle for a client to establish itself as a major player in the energy industry.

About Sun River Energy, Inc. Sun River Energy, Inc., is an independent energy company, engaged in the evaluation for exploration of its properties in New Mexico. Sun River Energy is based in Colorado.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our energy properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

SOURCE Sun River Energy, Inc.


Source: newswire