Wrangler West Announces Property Disposition

CALGARY, June 27, 2011 /CNW/ -- 
CALGARY, June 27, 2011 /CNW/ - Wrangler West Energy Corp. ("Wrangler West", the "Company") (TSX-V "WX") announces the sale of
 certain operated crude oil assets in the Grand Forks area of Alberta
 (the "Assets") for $5.3 million.


The disposition of these producing assets was effective May 1, 2011 and
 the transaction is expected to close on June 29, 2011. Wrangler West's
 production associated with these assets is approximately 100 boe/d.
 Proceeds from the sale of these properties will strengthen the
 Company's balance sheet and provide capital to pursue 2011 exploration
 and development initiatives. 


Corporate Profile
Wrangler West is a Canadian junior crude oil and natural gas producer
 which explores for and develops crude oil and natural gas production
 assets in the Province of Alberta. Since inception, our mandate has
 been to use the drill bit to add shareholder value. Disciplined
 management of our operations and production portfolio creates
 sufficient funds flow to support ongoing operations. Wrangler West
 intends to continue to reinvest funds flow from operations and other
 available capital to protect current and add future value.  Wrangler
 West trades on the TSX Venture Exchange under the symbol "WX".


Reader Advisory
This news release contains forward-looking statements about potential
 new crude oil and natural gas drilling, production operations, sources
 and use of capital, potential asset purchases or dispositions and
 expected future operations. Although Wrangler West believes the
 expectations reflected in these forward-looking statements are
 reasonable, undue reliance should not be placed on them because the
 Company can give no assurance they will prove to be correct. Since
 forward-looking statements address future events and conditions, by
 their very nature they involve inherent risks and uncertainties. A more
 detailed discussion of forward-looking statements is provided in
 Wrangler West's Management's Discussion and Analysis for the three
 months ended March 31, 2011 which is filed on www.sedar.com. Forward-looking statements contained in this news release are made as
 of the date hereof and Wrangler West undertakes no obligation to update
 publicly or revise any forward-looking statements or information,
 whether as a result of new information, future events or otherwise,
 unless so required by applicable securities laws.


The TSX Venture Exchange has not reviewed, and does not accept
 responsibility for, the adequacy or accuracy of this press release.


To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2011/27/c9419.html



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