Brownstone Ventures update

Brownstone Ventures Inc. (TSX VENTURE:BWN) reported the results of a recently completed reserve assessment for its wholly-owned subsidiary Brownstone Ventures (US) Inc.

The press release is quoted as saying:

Brownstone Ventures Inc. is a Canadian-based, energy focused investment company with equity interests and direct interests in oil and gas exploration projects, including working interests in almost 300,000 acres in the Piceance/Uinta Basins of Colorado and Utah; 295km2 in the Assam/Arakan Basin, Northeast India; 253,000 acres in Rio Negro, Argentina; interests in several projects in Brazil; a 50% interest in approximately 300,000 hectares in the Quebec Lowlands; a 15% participating interest in two off-shore Israel oil and gas blocks; and is earning interests (14-35%) in 4 Colombian blocks in the Llanos basin.

Click here to access the entire press release