Burleson Energy Limited (ASX:BUR) Moeller #1 Well Logs Reveal Gas Saturated Sands

Sydney, June 8, 2010 AEST (ABN Newswire) - Burleson Energy Limited (ASX:BUR) advises that the electric logs from the Moeller #1 well have been acquired and have revealed the presence of an interval of gas saturated sands. Whilst further interpretation of these logs is currently being undertaken they do indicate potential net pay in excess of 50 feet and the US operators, AKG Energy, have advised that a drill stem test (DST) will be run to test the uppermost 20 foot section of the primary Wilcox reservoir sands. Assuming no operational issues the results of the DST are expected within the next 36 hours and a further update will be provided once the results are known.

BUR has a 38.5% working interest in Moeller #1, along with its JV partners NSE (ASX:NSE) and US-based operator AKG Energy, L.P.

Contact

Mike Sandy Managing Director Tel: +61-2-9450-2002 Fax: +61-2-9986-1753 Email: info@burlesonenergyltd.com www.burlesonenergyltd.com