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Thursday, January 27, 2011

Cougar Oil and Gas upgraded in Analysts estimates - Alberta Oil Sands Junior seeks AMEX listing!

Oil and Gas Investors Reacting to Positive Corporate Developments

NEW YORK--(BUSINESS WIRE)-- (Investrend Research Syndicate) -- Ernest C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to StarMine, has issued an update on Cougar Oil and Gas Canada, Inc. (OTCBB: COUGF) in a four-page report dated January 24, 2011, which includes an updated 18-month stock target valuation and analyst's rating/recommendation.

The full report includes important disclosures, disclaimers and analyst information. Investrend and SISM Research both advise investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. Investrend and SISM Research both further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process. More about ratings and valuations is available via Investrend (at http://www.investrend.com/ratings).

A complimentary copy of the report is available for download via Investrend Syndications (at http://www.investrend.com/sism) as well as via the SISM Research website (at http://www.sism.com/researchreportscougar.htm).

According to Schlotter’s report: “Over the past two months, Cougar shares have increased more than 160% (while the Russell 2000 small-cap stock market index rose 5.6%). SISM Research believes the performance of COUGF shares reflects a trickle of incrementally positive news that includes secured financing for seismic and drilling programs and the successful reactivating of a well in the Trout core area. Cougar excised warrants and obtained a $3 million credit facility.”

Schlotter also noted: “Given the substantial resource potential on Cougar’s land and the First Nation’s Joint Venture project as well as a much higher estimated ultimate recovery (EUR) per well and much better economics than earlier forecasted by SISM Research, we increased our estimated Appraised Net Worth estimate for Cougar…”

Schlotter added: “At the current market valuation, we believe that investors are beginning to price in the fact that Cougar could become a 2,000-barrel-a-day company by the end of 2011. Looking beyond 2011, we believe that the current seismic program will identify approximately 20 new drilling locations and form the basis for a drilling and development program and, if successful, will increase proven reserves by 5 million barrels and double Cougar’s light oil production to approximately 4,500 barrels-per-day by the end of 2012.”

About SISM Research

SISM Research (http://www.sism.com) is a private investment research firm, based in Zurich, Switzerland, offering independent, fundamental research on public companies since 1995. SISM Research publishes research on micro- to small-cap companies trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage platforms are geared toward institutional and individual investors in both North America and in Europe. SISM Research, as a member-provider of the FIRST Research Consortium (http://www.investrend.com/FIRST), takes steps to ensure the independence and integrity of SISM’s published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting “Standards for Independent Research Providers”, which are also in accordance with guidance set forth by U.S. Securities and Exchange Commission’s Advisory Committee on Smaller Public Companies.

About the Investrend Research Syndicate

The Investrend Research Syndicate (http://www.investrend.com/research/syndicate), a proprietary entity of Investrend Communications, Inc., distributes reports published by sources dedicated to unbiased, reliable analytics and complete transparency. The primary measure for determining those sources is the “Standards for Independent Research Providers” (http://www.investrend.com/FIRST/standards).

“Safe Harbour” Statement

This announcement contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Cougar Oil and Gas Canada, Inc., to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Cougar Oil and Gas Canada, Inc., assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.

Cautionary Note to U.S. Investors

The United States Securities and Exchange Commission permits resource companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use certain terms on this press release, such as those related to prospective resources, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. US investors are urged to consider closely the disclosure in our Form 10K. You can also obtain this form from the SEC by calling 1-800-SEC-0330. Additional information may be found at the SEC website.

Disclaimer

The OTC Bulletin Board Exchange has neither approved nor accepts responsibility for the adequacy or accuracy of the above news release.

Disclosures

SISM Research has researched and written this report without any input, contact, advice, or review from the company. This is done to ensure the integrity and independence of all reports undertaken by SISM Research. Any information is gathered from public sources of information including, but not limited to: press releases, company Web sites and SEC filings. Morgarten Financial Services ("Morgarten") has retained and paid SISM Research ("SISM") eighteen thousand eight hundred and fifty US dollars to resume continuing coverage of Cougar Oil and Gas Canada, Inc., for a two-year period, and Morgarten is under contract to pay SISM an ongoing fee of one thousand eight hundred and fifty US dollars per month over that two-year period to ensure continuation of SISM’s independent coverage of Cougar Oil and Gas Canada, Inc. SISM has paid Investrend Communications, Inc. (“Investrend”) a portion of SISM's collected fees from Morgarten for a “distribution and visibility” program, provided by the Investrend Research Syndicate (Div., Investrend) in support of SISM's Cougar Oil and Gas Canada, Inc., coverage. No promise of favorable point of view or opinion was or has been made by SISM or the analyst(s) writing for SISM, to the subject company. Further, it is SISM’s policy that neither the firm nor its principals, nor the firm's assigned and/or other writing analyst(s) own or trade shares of any subject companies or subject companies' "competitors". To assist the reader, additional is accessible via the Cougar Oil and Gas Canada, Inc., company website (at http://www.cougarenergyinc.com/).

SISM ResearchTel: (+41) 44-881-2020Email: research@sism.comWebsite: http://www.sism.com

Source: Cougar Oil and Gas Canada, Inc.

Notes: Cougar Oil and Gas advises they have filed for a listing on the Amex exchange.
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