Lux Energy is in Final Negotiations to Participate in Two Additional Wells in West Central Alberta

Name	Symbol	Market	Type
Emles Luxury Goods ETF	AMEX:LUXE	AMEX	Exchange Traded Fund

Name

Symbol

Market

Type

Emles Luxury Goods ETF

AMEX:LUXE

AMEX

Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	20.515				0	01:00:00

Price Change

% Change

Price

High Price

Low Price

Open Price

Traded

Last Trade

0.00

0.00%

20.515

01:00:00

Lux Energy is in Final Negotiations to Participate in Two Additional Wells in West Central Alberta

15/07/2009 9:00pm

PR Newswire (US)

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CALGARY, July 15 /PRNewswire-FirstCall/ -- Lux Energy Corporation (OTC.BB:LUXE) is pleased to announce that it is in final negotiations to acquire a working interest in two gas wells in the Bigoray area of West Central Alberta. These two wells are capped re-completion wells in an area with proven production. These wells are projected to produce approximately 570,000 cubic feet of natural gas per day or approximately 100 barrels of oil equivalent per day. This well also contains condensate which is sold at a premium to current oil prices, condensate includes Propane, Butane, and Light Gravity Crude Oil. Because these wells are already drilled, they are supported by well logs, seismic, and subsurface mapping. There are multiple producing formations under this area including Viking, Glauconite, Detrital, and Pekisko. Well A was hooked up and tied into the pipeline in March of 2009. Shane Broesky, President of Lux Energy, stated, "This two well program will provide Lux Energy with another significant asset to our rapidly expanding portfolio of oil and gas production in Central Alberta. We believe that it is time to be aggressive in our acquisition of these low risk production programs while continuing to increase our bottom line." DATASOURCE: LUX Energy Corporation

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