Junex has received the processed data from its 224 line-kilometre sized 2D seismic survey that it acquired on its solely-held, 233,275 acre-sized block of exploration permits on Anticosti Island this past summer, where Netherland, Sewell & Associates, Inc., (NSAI), a firm of worldwide petroleum consultants based in Texas, had previously placed their Best Estimate of the undiscovered shale oil initially-in-place (OIIP) volume for the Macasty Shale on Junex's acreage at 12.2 billion barrels.

This modern, high-quality seismic data clearly images structural and stratigraphic elements associated with the Macasty Shale (Macasty) and deeper, conventional reservoir targets on Junex's acreage. Junex's interpretation of this data is well-advanced in that a number of prospective structures have been identified.

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