Vancouver, British Columbia February 3, 2010 – Park Place Energy Corp. ("Park Place"
or "the Company") is pleased to announce that the Company has tendered a bid on an
Exploration and Development project within the European Union.
Park Place has been working closely with Concessions International Inc. as announced
previously on July 2, 2009. Concessions International has reviewed significant data
including a preliminary feasibility study of the potential for economic production and
believes the project would be a tremendous boost for this European country’s energy
sector as it strives to become self-sufficient.
David Johnson, president Park Place Energy, stated "After much due diligence we are
thrilled to be taking our first steps in securing a project of this magnitude in Europe and
anticipate bringing onboard significant partners should our bid be successful."