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From: MSC NewsWire <News@...>
Subject: Energy Company Announces Saskatchewan Property Acquistion
Date: Mon, 08 Feb 2010 21:56:29 CET
<html> <head> <meta content="text/html;charset=ISO-8859-1" http-equiv="Content-Type"> <title>parkplaceaug5</title> </head> <body> <div style="text-align: center;"> </div> <center> <table style="text-align: left; width: 740px;" border="1" cellpadding="8" cellspacing="2"> <tbody> <tr> <td style="vertical-align: top;"> <div style="text-align: center;"><img style="width: 739px; height: 134px;" alt="" src="http://www.marketsmart.ca/parkplace.jpg"> </div> <div style="text-align: center;"><span style="font-weight: bold; font-family: Arial;"><span style="text-decoration: underline;">Park Place Energy Corp. Announces Saskatchewan Property Acquisition</span> </span><br style="font-family: Arial;"> </div> <br style="font-family: Arial;"> <span style="font-family: Arial;">Vancouver, British Columbia - Park Place Energy Corp. (???Park Place" or ???the Company") is pleased to announce the Company has acquired a 50% working interest in 80 acres of land located in western Saskatchewan. </span><br style="font-family: Arial;"> <br style="font-family: Arial;"> <span style="font-family: Arial;">Under the agreement, with a private company, the property was acquired in consideration for an aggregate of 150,000,000 shares at a deemed price of US$0.001 per share for an aggregate deemed consideration of approximately USD$150,000.</span><br style="font-family: Arial;"> <br style="font-family: Arial;"> <span style="font-family: Arial;">As announced February 3, 2010 Park Place Energy has also tendered a bid on a significant oil and gas Exploration and Development property within the European Union.</span><br style="font-family: Arial;"> <br style="font-family: Arial;"> <span style="font-family: Arial;">David Johnson, Park Place President and CEO said ???The Company is aggressively positioning itself as a junior oil and gas explorer by seeking and acquiring blue-sky potential assets. By completing this acquisition we have created an exciting opportunity within a proven Canadian oil field.''</span><br style="font-family: Arial;"> <br style="font-family: Arial;"> <span style="font-family: Arial;">About Park Place</span><br style="font-family: Arial;"> <br style="font-family: Arial;"> <span style="font-family: Arial;">Park Place Energy Corp. is a North American oil and gas exploration company that is participating in high impact shale gas opportunities. The Company has assets in North Western Alberta and Saskatchewan that it is committed to developing. As well Park Place is committed to the acquisition of additional blue-sky shale gas opportunities. Park Place's management is focused on optimizing profitability and enhancing shareholder value. <br style="font-family: Arial;"> </span><span style="font-family: Arial;">For Further Information Contact: <br style="font-family: Arial;"> </span><span style="font-family: Arial;">Investor Relations: 1 (877) 685 0076</span><br style="font-family: Arial;"> <span style="font-family: Arial;">Email: <a href="mailto:info@...">info@parkplaceenergy.com</a><br style="font-family: Arial;"> </span> <span style="font-family: Arial;">Website: <a href="www.parkplaceenergy.com">www.parkplaceenergy.com</a></span><a href="www.parkplaceenergy.com"> </a> <div style="text-align: center;"> <div style="text-align: left; font-family: Arial;"><span style="font-weight: bold;">News Release Feb 2nd, 2010</span> - <a href="http://www.marketsmart.ca/Park/parkplacefeb5european.html">Park Place Energy Corp (PKPL.OB & 3P2.FSE) Announces Bid for European Property</a> </div> <a href="http://www.parkplaceenergy.com"><img alt="" src="http://www.marketsmart.ca/parkplace1.jpg" style="border: 0px solid ; width: 243px; height: 134px;"></a> </div> <p style="text-align: center; font-family: Arial;"><a href="http://www.parkplaceenergy.com"><big><big>www.parkplaceenergy.com</big></big></a> </p> <p class="MsoNormal" style="text-align: justify; font-family: Arial;"><small><small>Certain information regarding the Corporation contained herein may constitute forward-looking statements. These statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Park Place believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied. The Corporation is under no obligation to update or alter any forward-looking statement. These risks include operational and geological risks, the ability of the Corporation to raise necessary funds for exploration and the fact that the Corporation does not operate all its properties. Park Place's forward-looking statements are expressly qualified in their entirety by this cautionary statement.</small></small> </p> <span class="937595015-04062009"> <div align="center"><span class="812091015-04062009"><font face="Arial"><span style="font-size: 12pt; font-family: Arial;"><span style="color: black;"></span></span></font></span> <hr style="width: 100%; height: 2px;"></div> <div style="text-align: center;"> <p class="MsoNormal" style="font-family: Arial;"><small>To be removed from this distribution list please <a href="mailto:ir@marketsmart.ca" target="_blank">click here and type remove in the subject</a> </small></p> </div> <hr style="width: 100%; height: 2px;"> <span class="812091015-04062009"> <p class="MsoNormal"><span style="font-weight: bold; font-size: 7.5pt; font-family: Arial;"><em>Investor Network and MarketSmart Communications Inc,. Disclaimer: Although results are possible, they are not gaurenteed. Please be aware that MarketSmart Communications Inc. is a news service and NOT an investment advisory service; it is advised that you consult with a licensed financial advisor before making any investment decisions. This publication does not provide an analysis of a company's financial position and the information herein should NOT be construed as an offer to buy or sell securities. The information herein is taken from sources thought to be accurate, but there is no guarantee. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Past performance does not guarantee future results</em> </span></p> </span></span></td> </tr> </tbody> </table> </center> </body> </html> <img height=1 width=1 border=0 src="http://allenergystocks.us/counter.php?c=espwill&e=editors@gametz.com&m=8021000006" >