Calgary, AB, Canada, May 30, 2014 (GLOBE NEWSWIRE) -- Chelsea Oil & Gas Ltd. ("Chelsea")
(OTCQB: COGLF) announces that it has filed its audited
consolidated financial statements and accompanying notes for the
three month period ended March 31, 2014 and its related
management's discussion and analysis with applicable Canadian
securities regulatory authorities. Copies of these documents
may be obtained through the Internet on the System for Electronic
Document Analysis and Retrieval ("SEDAR") at www.sedar.com.
Oil & Gas Ltd.
Chelsea Oil & Gas is an Australian focused
exploration, development and production company with 5.2 million
net acres of land onshore Australia. Chelsea has a portfolio of
assets which include 6 oil and 1 gas discovery with independently
evaluated 2P reserves of 1.1 million boe (net), a fully carried
seismic and drilling programme in a proven exploration play in the
Cooper Basin, and significant resource potential in two emerging
unconventional plays offsetting supermajors who have committed to
invest up to $545 million in the next 3 years on immediately
offsetting lands in the Georgina and Simpson Basins.
CONTACT: Chelsea Oil & Gas Ltd.
+1 (403) 457-1959
Source: Chelsea Oil and Gas Limited