MISSISSAUGA, Ontario, April 13, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Great Northern Oil Sands Inc. (Pink Sheets:GNNO).
Great Northern Oil Sands Inc. is an active oil and gas producing company with projects in Western Canada. The assets acquired include certain Athabasca Oil Sands properties, short term and long term production properties from 21 participation wells and 4 conventional blue sky potential exploration opportunities. This strategy ensures the company with immediate revenue flow from conventional oil and gas properties while having a stake in the resource rich Oil Sands region of Alberta, Canada.
According to the Alberta Department of Energy the oil sands of Canada hold recoverable reserves of 175 billion barrels with a proven reserve life of 480 years and another 130 billion barrels of potential reserves which is second only to Saudi Arabia's 262 billion barrels. Canada is in an optimal position to supply oil to the U.S. with its favorable political climate, close proximity and because Canada with its oil sands is one of the few non-OPEC countries which can grow its oil production.
A complete GNNO profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/gnno.asp
About AllPennyStocks.com Media Inc.:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Great Northern Oil Sands Inc. (Pink Sheets:GNNO); the amount is four thousand dollars by the company for its efforts in presenting the GNNO profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/gnno.asp.