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Clearview Announces Acquisition and Updates Financings and Share Exchanges

April 06, 2012

CALGARY, ALBERTA--(Marketwire - April 5, 2012) - Clearview Resources Ltd. ("Clearview") is pleased to announce that on March 27, 2012 it completed its $20 million acquisition of 10 long life unitized properties. Production from the units is estimated in excess of 450 boe/d, approximately 60% weighted to oil and liquids. Pro-forma, Clearview estimates total current production to be in excess of 650 boe/d of which 65% is weighted to oil and liquids.

http://www.marketwire.com/mw/release.do?id=1641200&sourceType=3
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