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PRD Energy Inc. Announces Grant of Stock Options

Jan 29 2013 12:00AM

Marketwire

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CALGARY, ALBERTA -- (Marketwire) -- 01/29/13 -- PRD Energy Inc. ("PRD" or the "Company") (TSX VENTURE: PRD) announced that it granted 1,325,000 options to acquire common shares of PRD to certain officers and directors of the Company. The options were granted at an exercise price of $0.72 per share for a period of five years and vest in equal instalments on the first, second and third anniversaries of the grant date.

About PRD Energy

PRD Energy Inc. is a Calgary based oil and gas company engaged in the exploration, development and acquisition of, natural gas and crude oil, in Germany. PRD Energy's common shares are listed on the TSX Venture Exchange with the symbol "PRD".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
PRD Energy Inc.
Michael Greenwood
Chairman and Chief Executive Officer
(403) 234-0501

PRD Energy Inc.
Mark Hornett
President and Chief Operating Officer
(403) 234-0501

PRD Energy Inc.
Jeff Scott
Vice President, Finance and Chief Financial Officer
(403) 234-0501
(403) 234-0511 (FAX)





Source: Marketwire


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