SOURCE: Northumberland Resources, Inc.
LAS VEGAS, NV--(Marketwire - Jul 25, 2012) - Northumberland Resources, Inc. (OTCBB: NHUR) (OTCQB: NHUR) is pleased to announce it has acquired a 35% working interest in the Sanders Oil Lease located in Stafford County, Kansas, a 160 acre parcel of five wells situated on historically proven oil producing leases. Of the five wells, one is a salt water disposal well and the other four were producing wells. The Company plans to bring four of the 5 wells online later in 2012 that will add to our daily production numbers. The Company also purchased a 12 1/2% working interest in the Asmussen Oil Lease, a 70 acre oil lease situated in Butler County, Kansas. This purchase includes one producing well and one water disposal well.
About Northumberland Resources
Northumberland Resources is a highly focused, risk-averse oil and gas exploration company with a strategy of building a substantial portfolio of oil and gas assets in the onshore U.S. Northumberland Resources is a reporting company quoted on the OTCBB under the symbol NHUR. Additional data on the Company is available through its website northumberlandresources.com.
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 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. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.