49 North Resources Inc. (TSXV: FNR), announces that Allstar Energy Limited, a 100% owned subsidiary of 49 North, has acquired additional heavy oil lands in West Central Saskatchewan.
Ashley Drobot, President of Allstar, reports that Allstar has acquired an additional 16,000 acres of highly prospective heavy oil lands through purchases from third party producers. Included in the acquired land positions are 8,961 acres which were part of an asset sale transaction in which Allstar acquired facilities along with shut-in Viking gas production in the heart of the Bayhurst Viking gas area.
After the acquisitions, the Riverside lands located in the vicinity of Leader, Saskatchewan now total 31,360 acres, inclusive of the 15,360 acres acquired in Crown sale in October 2011.
In aggregate, Allstar now owns or has exclusive exploration and development permits covering approximately 58,000 acres of highly prospective Viking oil, Viking gas and heavy oil lands all located in West Central Saskatchewan.

