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PRD Energy Inc. Announces Grant of Stock Options

Sep 14, 2012 12:53 PM EST
FOR: PRD ENERGY INC.


CALGARY, ALBERTA--(Marketwire - Sept. 14, 2012) - PRD Energy Inc. ("PRD" or the "Company") (TSX VENTURE:PRD) announced that it granted 1,200,000 options to acquire common shares of PRD to certain officers of the Company. The options were granted at an exercise price of $0.54 per share for a period of three years and one month and vest in equal instalments on the first, second and third anniversaries of the grant date.

About PRD Energy

PRD Energy Inc. is a Calgary based oil and gas company engaged in the exploration, development and acquisition of, natural gas and crude oil, principally in Europe. PRD Energy's common shares are listed on the TSX Venture Exchange with the symbol "PRD".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

PRD Energy Inc.
Michael Greenwood
Chairman and Chief Executive Officer
(403) 234-0501
(403) 234-0511 (FAX)
or
PRD Energy Inc.
Mark Hornett
President and Chief Operating Officer
(403) 234-0501
(403) 234-0511 (FAX)
or
PRD Energy Inc.
Jeff Scott
Vice President, Finance and Chief Financial Officer
(403) 234-0501
(403) 234-0511 (FAX)

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