Enhanced Oil Resources Inc. to provide teleconference update

HOUSTON, Nov. 26 /CNW/ - Enhanced Oil Resources (the "Company") will conduct a teleconference to update shareholders on Friday, November 30th at 1 pm Eastern Standard Time. Interested shareholders may listen to the update by dialing in toll free at 1-888-458-1598 using pass code 52463 followed by the number sign. Following the update there will be a brief question and answer period.

Enhanced Oil Resources Inc. is a development stage, enhanced oil recovery (EOR), company that controls approximately 235,000 acres of land within the St Johns Helium/CO2 field in Arizona and New Mexico where the Company is developing what is thought to be the largest undeveloped resource of helium and carbon dioxide gases in North America. Independent engineering firms have estimated that the St Johns field contains approximately 15 trillion cubic feet of in place resources, with a potential recoverable resource of 5 trillion cubic feet. Development of the project could result in the Company becoming one of North America's largest CO2 suppliers and EOR producers. The Company's strategic focus for CO2 delivery and EOR production is the Permian Basin where significant potential exists for enhanced oil recovery from mature, depleted oil fields.