Vancouver, British Columbia November 15, 2010 – Park Place Energy Corp. (“Park Place” or “the Company”) is pleased to announce that Company representatives are currently in Sofia, Bulgaria.
Representatives from the Company are conducting due diligence on several possible Bulgarian natural gas exploration joint venture opportunities. The Company intends to meet with active majors within the area as well as begin negotiating the terms of any possible joint venture arrangement at that time.
David Johnson, president Park Place Energy, stated “This is very exciting period for Park Place. There is interest from major producers within our core area of focus in north-eastern Bulgaria to work together and we look forward to discussing all possible options with them.”
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