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 February 04, 2011
Berkley Resources Announces Sale of Interest in Dollard Area, Saskatchewan

 Berkley Resources Inc. ("Berkley" or the "Company") has announced that, effective October 1, 2010, the Company has sold its 18.72% interest in the Dollard Area, Saskatchewan. Pursuant to the terms of a Purchase and Sale Agreement with an arms-length private operator, the Company will be paid $1,111,000 in connection with the transaction.

Berkley Resources Inc. is a growth-oriented, junior oil and gas company with production, development and exploration assets in Alberta, Canada.


"Matt Wayrynen"

Matt Wayrynen

President and Chief Executive Officer

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