Arctos Petroleum Corp.
Suite 275, 999 – 8th Street SW, Calgary, AB T2P 1J5
Tel 403-265 5900 Fax 403 531 1719
NEWS RELEASE
TSX Venture Symbol: APO
ARCTOS RECEIVES DEBENTURE EXTENSION
November 16, 2004 - ARCTOS PETROLEUM CORP. (TSX: APO) (“Arctos”) is please to announce that the Secured Convertible Debenture with Paramount Resources Ltd., due November 15, 2004, has been extended to March 1, 2005.
Arctos is a Junior Oil and Gas Company with ongoing exploration, development, and production programs in Alberta and Saskatchewan.
ARCTOS PETROLEUM CORP.
Thomas A. Doyle
Thomas A. Doyle, President, CEO
For further information, please contact info@arctos.ca or:
Thomas A. Doyle Brian Murray
President, CEO COO, VP Land
Phone: 403-531-1711 Phone: 403-215-9256
THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED
NOR DISAPPROVED OF THE INFORMATION CONTAINED HEREIN