MISSISSAUGA, ON., January 22, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Iteration Energy Ltd. (TSX: ITX).
Iteration Energy Ltd. is an intermediate oil and gas company which trades on the Toronto Stock Exchange under the symbol ITX.
The Company operates a number of oil and natural gas properties in Western Canada with production of approximately 20,000 boed. They are actively exploring for additional oil and gas reserves while continuing to exploit their existing properties.
For the balance of 2008 and into 2009, the largest focus areas for the Company will be in the Deep Basin and Peace River Arch areas of Western Alberta and North East British Columbia. These two areas currently account for approximately two thirds of the Company's production and are prospective for liquids rich gas and light oil. Production from these areas will be complemented by exploration and exploitation opportunities for dry gas and heavy oil in Eastern Alberta, as well as additional light oil prospects in North West and South East Alberta.
A complete ITX profile can be viewed at: http://www.allpennystocks.com/aps_ca/company_spotlights/archives/itx.asp
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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.
AllPennyStocks.com has not been compensated for its efforts in presenting the ITX profile on its web site and distributing it to its database of subscribers as well as other services. For the full disclaimer, visitors are encouraged to read it at http://www.allpennystocks.com/aps_ca/company_spotlights/archives/itx.asp.
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