Aspen Announces Sale of Interests in Daly Field


Source: Marketwire

CALGARY, ALBERTA -- (Marketwire) -- 06/09/10 -- Aspen Group Resources Corporation (the 'Company') announced today that pursuant to an agreement of purchase and sale (the 'Agreement') dated June 7, 2010, that the Company has sold its 100% working interest in leases totalling approximately 300 acres in the Daly Field, Manitoba. Pursuant to the terms of the Agreement, the financial details may not be disclosed, but the Company will be using the net proceeds to reduce existing debt and for general corporate purposes.

Aspen Group Resources Corporation is an independent energy company engaged in the acquisition, exploration, development and operations of oil and gas properties with a geographic focus in North America.

Aspen Group Resources Corporation
Robert Calentine
(403) 777-9200

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