Xun Energy, Inc. announced that the Company's operator, Vencedor Energy Partners (VEP), completed the driveway access and pad for the Company's first oil well on the Rice lease in Venango County, Pennsylvania and is currently working on the roads and pads on the remaining 4 oil well locations.

"We are very pleased with the progress that VEP is making on the Rice lease site," stated Jerry G. Mikolajczyk, President and CEO of XNRG. "They are reporting progress weekly and providing us with video and photos documenting the construction progress. The completion of the driveway last week will allow heavy equipment to be mobilized for the road and drill pad construction and thereafter the drilling rig can be mobilized to begin drilling our first oil well."

Tags: Inc., Xun Energy