The Woodnorth property is located approximately 300 kilometers west of Virden, Manitoba and has demonstrated good porosity and deposits of oil in the Lodgepole formation and in the Bakken formation. Rolland Energy recently completed a $ 1.5 million flow-through financing which will be used to drill at least three new wells on the Company's Woodnorth property by the end of March 2007.
Previously known as RVBS, Rolland Energy is an oil and gas company with subsidiary operations in information technology. Its oil and gas operations are based in southwestern Manitoba and produced 31,716 barrels of oil for the year ended June 30, 2006.
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