Imperial Resources, Inc. and its wholly owned subsidiary, Imperial Oil & Gas, Inc. has received initial geological reports on its new Area of Mutual Interest in Oklahoma acquired under an agreement entered into in January 2012.

The report's findings are directly in line with the Company's expectations, specifically: 1) the target formation is present under the entire AMI; 2) it is of substantial thickness; 3) it has been and continues to be productive; and 4) it has similar geological characteristics to the area where a Test Well, in which Imperial has a nominal interest, is producing excellent results from a similar formation. Additionally, six other productive formations have been identified within the AMI.

Tags: Imperial Resources