VANCOUVER, British Columbia, July 13, 2009 (GLOBE NEWSWIRE) -- Rainchief Energy Inc. ("Rainchief" or the "Company") (OTCBB:RCFEF) is pleased to announce that on July 8, 2009, it acquired a 100% Working Interest in 256 hectares of petroleum and natural gas lands in the Peace River area of Alberta, Canada. The area has multi-zone potential and could become a high impact prospect for the Company.
The Company will consider implementing a drilling program to extend the existing pool to the North West in the fourth quarter of this year subject to further analysis and evaluation.
Further information will be provided as it materializes.
Rainchief is a company listed and trading on the OTC.BB, symbol: RCFEF.
ON BEHALF OF THE BOARD OF DIRECTORS "Brad Moynes" Brad Moynes, President and CEO