VANCOUVER, British Columbia, Canada , July 31, 2003 (PRIMEZONE) -- Howlett Research Corp. (www.howlett-research.com), a boutique research firm led by Jeff Howlett, President, announced today that it has recently published a comprehensive research report on Berkley Resources Corp. (TSX Venture Exchange:BKS), a stable junior oil and gas producer now focused on expanding production through engaging in a series of drilling programs in Alberta, Canada. These programs include lower risk, high potential return on investment projects along with higher risk, high potential plays. The company pursues a joint venture / farm out approach with its projects and is being led by a new and highly motivated management intent on seizing opportunities as they are identified by its field consultants and others. Recent news on drilling activity appears very promising.
The full report can be found at www.howlett-research.com/Research.htm.
About Howlett Research Corp.
Based on British Columbia's Sunshine Coast, Howlett Research Corp. has been completing company specific research reports for a range of publicly listed companies for over 10 years in a variety of industry sectors. The reports are developed for junior to medium sized companies that are undervalued relative to its peer group and lack adequate coverage by the financial community. These reports attempt to explain how the company is positioned in its competitive environment, along with what its business development/growth strategy and associated market potential is.
Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's Registration Statement and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).
For additional information on Berkley Resources Corp., contact: 1-604-682-3701, www.berkleyresources.com