Junex

new drilling to start....now we have some activity....its a go!

JUNE 15, 2009 - 08:05 ET - QUEBEC CITY, QUEBEC--(Marketwire - June 15, 2009) - Junex (TSX VENTURE:JNX) announces it has signed a final farm-out agreement with Fairlady Energy on the Nicolet Permit. In accordance with this agreement, Junex will earn a 50% working interest in the interval from surface to the base of the Utica Shale in the Nicolet Permit by drilling two exploration wells to the base of the Utica geological formation. The Nicolet Permit covers an area of 54,363 acres within the heart of the St. Lawrence Lowlands Basin (see press releases dated May 21st 2008 and March 27th 2009).