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StockGuru Blog: Lexaria Corp (OTCBB: LXRP) (Toronto Exchange: LXX)

Lexaria Corp. (OTCBB: LXRP ) (Toronto Exchange: LXX) STOCKGURU PROFILE – CORPORATE WEB SITE

StockGuru Blog: Lowest Drilling Cost – Lowest Operating Costs – Good Outlook

Lexaria Corp. (OTCBB: LXRP) (Canada – Toronto Exchange: LXX-CNSX) is focused on oil production and development in Mississippi.

Like all well run production companies LXRP started with the low risk wells.

They have accomplished an amazing feat.

First: the wells were brought in with the lowest drilling cost in the country .

Second: Belmont also has some of the lowest operating cost averaging less than $18 per barrel since Belmont Lake was first discovered.

Lexaria Management believes its production costs per barrel will drop even further as new wells begin production.

Production at Belmont Lake 2,303 Bbarrels per Month 18 Month Average

The August 24, 2010 Report indicated Belmont Lake oil field production for the 18 months ending June 30, 2010, had averaged 2,303 barrels per month.

Belmont Lake – Lowest Costs in Industry

In addition to drilling several other wells which discovered gas reservoirs throughout Palmetto Point, Lexaria and its partners drilled a Belmont Lake offset well in October 2007, encountering and producing oil.

In 2008 and 2009 unprecedented flooding in the Natchez region of the Mississippi submerged potential drilling sites, temporarily delaying Lexaria`s drilling programs. During this time, although neighboring firms shut down production, Lexaria was able to continue to produce oil even when its wells were submerged. Lexaria achieved this by customizing a highly specialized solution utilizing remote tank farms, pipelines and non-mechanical pumps. Although submerged for much of the past two years, the wells at Belmont Lake have produced more than 71,000 barrels of oil through June of 2010.

Lexaria Corporate Profile : http://www.lexariaenergy.com/pdf/Lexaria_profile1009.pdf Lexaria Business Plan : http://www.lexariaenergy.com/pdf/Lexaria%202010%20Business%20Plan.pdf

Contact:

Lexaria Corp.

Chris Bunka President/CEO/Chairman

RECENT NEWS:

Lexaria Corp. Announces Two Successful Oil Wells and Record High Oil Production Dec 15, 2010 (TheNewswire.ca via COMTEX) — (via Thenewswire.ca) (Kelowna, BC: December 15, 2010) – Lexaria Corp. (the “Company” or “Lexaria”) is very pleased to announce successful oil production from two new wells drilled this season at Belmont Lake Oil Field, Mississippi.

The 12-4 oil well began producing oil on October 21 and produced an average of 200.4 barrels per day for the first ten days of production, significantly more than expected. This is the highest oil production rate ever recorded for a Belmont Lake Oil Field well and meaningfully increases the production potential of the remaining wells to be drilled in the field. (Lexaria currently holds a 40% gross working interest in the 12-4 well.) The well is currently being produced at a rate of approximately 50% of its initial capacity. The 12-4 well is in production while permanent production lines are being installed.

The 12-5 well experienced down-hole complications that initially delayed production. Those complications were overcome and on December 3 the 12-5 well produced approximately 50 barrels of oil. This well is currently awaiting its artificial lift system and production lines to be connected. Because the 12-5 well encountered what is believed to delineate the most North-Western corner of the field it is not expected to produce at the higher rates of the more centrally located 12-4 well.(Lexaria currently holds a 40% gross working interest in the 12-5 well.) Lexaria further announces that oil production has recently set both daily and monthly record-high levels. As was reported on August 24, 2010, Belmont Lake oil field production for the 18 months ending June 30, 2010, had averaged 2,303 barrels per month. Recent monthly field production is shown here in barrels of oil per month:

Jul 2,423 Aug 1,722 Sep Nil Oct 4,515 Nov 3,848 Both October and November production was from the 12-1; 12-3; and 12-4 oil wells only, and on a non-constant basis. New well drilling operations in August and September interrupted production on a temporary basis. The 12-5 well is expected to begin regularly contributing to overall production this month.

Lexaria expects monthly oil production to increase for two reasons:

i. First – all four of the existing wells should be simultaneously producing for the first time; and ii. Second – a significant field infrastructure upgrade is underway.

Permanent dedicated production lines and gas injection lines are being installed as part of a comprehensive infrastructure upgrade that began construction in November and is nearing completion.

NOTE: All production quantity data shown here are approximate and supplied by field operators. Precise amounts produced have varied slightly from the quantities shown here, and monthly sales amounts will vary due to schedules of oil pickups and sales.

Four additional well locations to be drilled at Belmont Lake have been identified as a result of the knowledge gained through recent drilling. Lexaria is examining different methods to build maximum value from these potential wells and notes that, like the 12-4 well, some appear to be located in the more central areas of the field.

Lexaria reminds our stakeholders that we have recently extended our strategic well option agreement over an area of 130,000 acres in the Belmont Lake area. Lexaria holds a strategic 60% interest in the next 38 exploration wells and all potential oil and gas fields discovered by those wells, giving the Company significant opportunities to focus on the same geological horizons as the very successful Belmont Lake.

Lexaria currently holds a 40% gross working interest in the 12-4 and 12-5 directional wells and a 32% interest in the 12-1 and 12-3 wells.

About Lexaria:

To learn more about Lexaria Corp. visit www.lexariaenergy.com.

ON BEHALF OF THE BOARD “Chris Bunka” Mr. Chris Bunka, President FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.

Chris Bunka CEO/Chairman (250) 765 6424 FORWARD-LOOKING STATEMENTS This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, future production, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements include: (i) the Company`s belief that the12-5 well is expected to begin regularly contributing to overall production this month; and (ii) the Company`s expectation that monthly oil production should increase for the following two reasons: (a) all four of the existing wells should be simultaneously producing for the first time, and (b) a significant field infrastructure upgrade is underway. Such forward-looking statements are estimates reflecting the Company`s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favourable for field work; no assurance that well treatments will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that the expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. There is no assurance that any future exploration will take place and no assurance that there are any likely locations for Belmont Lake “look-alike” fields. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company`s public announcements and filings.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Lexaria Corp. (OTCBB: LXRP ) (Toronto Exchange: LXX) STOCKGURU PROFILE – CORPORATE WEB SITE


Lexaria Corp. (OTCBB: LXRP ) (Toronto Exchange: LXX) is currently focused on locating and producing conventional onshore light oil resources to realize the immediate financial benefits this strategy brings to the company and its shareholders. Since 2005 Lexaria has participated in the drilling of approximately 30 wells. Lexaria is currently focused on oil production and development in Mississippi and is producing oil from various wells at the Belmont Lake oil field. During any given month production is between 90% – 100% oil, and between 0% – 10% gas. Lexaria started with smaller interests and smaller drill programs, the Company currently holds 32% – 40% interests in four producing oil wells at Belmont Lake, various interests in small shut-in gas wells and a 60% interest in over 30 exploration wells to be drilled within the 130,000 acres in the surrounding areas. Griffin & Griffin Exploration, L.L.C. (“Griffin”), of Jackson, Mississippi, is the operator for Lexaria. Multiple agreements with Griffin since 2005, create a comfortable relationship between the parties. Lexaria Corp. intends to become a growing force in overlooked North American energy opportunities and has already enjoyed demonstrable success with its intelligent strategies. The discovery of the Belmont Lake Oil Field will be the springboard for additional growth to come.

Projects Lexaria has interests of between 32% and 40% in several producing oil wells in the Belmont Lake Oil Field. These various interests are in mostly shut-in gas wells and a 60% interest in over 30 exploration wells to be drilled on Griffin’s extensive land base covering over 130,000 acres east of the Mississippi River in south-western Mississippi. Lexaria has one of the lowest drilling cost in the country. Belmont Lake boasts some of the lowest operating cost averaging less than $18 per barrel since Belmont Lake was first discovered. Lexaria Management believes its production costs per barrel will drop even further as new wells begin production. At the new 12-4 and 12-5 wells Lexaria has installed a gas lift system, to be able to utilize it when conditions require. Lexaria has proven over the last two years that it can produce oil 12 months a year, even when its wells are inaccessible due to the flood waters of the Mississippi River ..

Belmont Lake Oil Field Low Risk Development Opportunity

potential for seven to ten wells at Belmont Lake . The Belmont Lake Oil Field represents the Company`s lowest-risk development opportunity. The Belmont Lake oil wells offer good investment payouts, despite the location in the seasonal floodplain of the Mississippi River which has presented challenges. Seasonal flooding of the oil field forced Lexaria and its partners to devise ways to safely and reliably produce oil 12-months per year, even if the surface location was flooded with river water. The Company has installed a remote tank farm and separation facility, pipelines, and various mechanical connections. In the future the ability to identify, in advance, between Frio Oil targets and Frio Gas targets will enhance significant shareholder value through a 60% gross interest in exploration lands surrounding the Belmont Lake discovery. The most recent successful well was the PP-F12-5, has been drilled and is awaiting its production connections. This represents the final well in the current drill program. As a part of the well financing, the CEO and Chairman of the Company provided a $90,000 USD loan to assist the Company. The loan provides for a 12% interest rate and is repayable on demand.

Belmont Lake Working Intersts Lexaria currently holds a 40% gross working interest in the directional wells:

PP-F12-4 PP-F12-5

PP-F12 PP-F12-3

The Company was able to raise additional funds to also obtain an additional 8% non-perpetual interest – at no cost to the Company – through three assignment agreements. The Company assigned a 24% non-perpetual gross interest limited to a 500% revenue payout to three Assignees. These three assignment agreements provided the fund providers with a 24% non-perpetual gross interest limited to a 500% revenue payout, in return for those Assignees contribution of $408,116 USD. In this manner Lexaria was able to obtain its additional 8% non-perpetual gross interest with no equity dilution to shareholders and with no further debt incurred by the Company. The Chairman of the Company, and the Scientific Advisor of the Company, and a Senior VP Business Development to the Company, each participated in the assignments. As part of the well financing, the CEO and Chairman of the Company has provided a $90,000 USD loan to assist the Company. The loan provides for a 12% interest rate and is repayable on demand.

Belmont Lake – Lowest Costs in Industry In addition to drilling several other wells which discovered gas reservoirs throughout Palmetto Point, Lexaria and its partners drilled a Belmont Lake offset well in October 2007, encountering and producing oil. In 2008 and 2009 unprecedented flooding in the Natchez region of the Mississippi submerged potential drilling sites, temporarily delaying Lexaria`s drilling programs. During this time, although neighboring firms shut down production, Lexaria was able to continue to produce oil even when its wells were submerged. Lexaria achieved this by customizing a highly specialized solution utilizing remote tank farms, pipelines and non-mechanical pumps. Although submerged for much of the past two years, the wells at Belmont Lake have produced more than 71,000 barrels of oil through June of 2010.

Palmetto Point Palmetto Point is a 50-square mile (32,000 acres) 3-D seismic area that has generated a prolific number of shallow Frio targets. At this time many valid drilling targets remain. The important Belmont Lake oil discovery – which is itself less than 320 acres – is located within this Palmetto Point area. Lexaria has a 60% working interest in the balance of the Mississippi AMI, which, as of Fall 2010 has 38 wells remaining to be drilled. With depressed natural gas prices there has been less incentive to drill shallow gas wells.

Location Wilkinson County, bordering Louisiana to the south and immediately adjacent to the Mississippi River to the west. Palmetto Point is approximately 150 miles southwest of Jackson, Mississippi and approximately 50 miles north/northwest of Baton Rouge, Louisiana.

Main Targets in Shallow Frio Formation Main target for 2010-2011 is the shallow Frio formation; one of three main geological zones in southwest Mississippi and in Louisiana.

Frio Well Zones of Interest The Frio is characterized by shallow depths of up to about 4,000 feet; these are relatively inexpensive wells (currently about $500,000 each) that are generally quick to drill and complete. The use of “Bright Spot” technology has yielded a geologic success rate of about 80% for Frio natural gas exploration. Economic success will necessarily be lower, depending on many variables.

The Frio in the area of Southwest Mississippi and North-Central Louisiana is a complex series of sand representing marine transgressions and regression and therefore the presence of varying depositional environments. Structurally, the Frio gas accumulations are a function of local structure and/or structural nose formed as a result of differential compaction features. However, stratigraphic termination i.e. up dip shales out of sands also plays a role in most Frio accumulations. The stratigraphy is so complex that seismic HCL evaluations are the only viable exploratory tool for the Frio prospect. Griffin has utilized seismic “bright spot” technology, providing a tool to identify gas reservoirs and to delineate the reservoir geometry and limits. Taking advantage of these critical factors has improved reserve estimates and the geologic success ratio that has made the Frio an economical and predictable reservoir.

Wilcox Wells Zone of Interest Wilcox Wells are normally found at up to about 9,000 feet, but still enjoying relatively fast and easy drilling, these wells generally cost less than $1 million to drill and complete. Normal Wilcox criteria include the presence of a regional structural nosing overlain by a bar sand which terminates to the north either by shaling-out or loss of porosity and permeability, thereby providing the trapping mechanism for hydrocarbon accumulation. No Wilcox targets are planned in the immediate future, although Lexair has drilled a Wilcox well location in the past.

Tuscaloosa Wells Zone of Interest Lexaria is currently examining Tuscaloosa well opportunities at this time. The geological zone is one of interest and the company could pursue this type of target either in Mississippi or in Louisiana. These are deeper wells, generally between 12,000 and 14,000 feet that are nevertheless rarely overpressurized and thus not often technically challenging to complete. The objective Lower Tuscaloosa “A” Sand was deposited on a broad carbonate platform (Lower Cetaceous Shelf). This Sand is generally deposited in a fluvial-deltaic depositional environment with numerous reservoir studies conclusively identifying the sand systems as predominately point-bar sands positioned on regional monoclinal dip. Since these point-bar sands are “enclosed” sand bodies encased in shale, the necessary parameters for a stratigraphic trapping style are available. All known productive Lower Tuscaloosa reservoirs in southwest Mississippi and north central Louisiana have displayed these types of trapping characteristics. High-resolution stratigraphic seismic data can enable geological success rates of up to about 65%. Drilling and completion costs are typically over $3 million for each Tuscaloosa well, with up to a 20-year well life possible.

Bright Spot Technology

Bright Spot Technology in the identification of oil targets, instead of gas targets.

Bright Spot is used to describe a geophysical amplitude anomaly which is simply a velocity change from high to low. Sands that contain gas are predicted by this method because the gas provides a slower velocity response giving an abnormally intense trough-peak reflection, therefore termed a Bright Spot .

Griffin & Griffin Exploration, L.L.C. Griffin & Griffin Exploration, L.L.C. (“Griffin”), of Jackson, Mississippi is the operator for Lexaria. Multiple agreements with Griffin since 2005, create a comfortable relationship between the parties. Griffin has over-40 years of experience in this area, and their knowledge was gathered through their drilling, owning or operating over 100 wells in the area over the last 15 years. Griffin holds lands or options on lands of substantially more than 150,000 gross acres in the region, making it one of the largest independent producer/explorers in Mississippi. There are currently over 100 identified drill locations and more than 220 square miles of 3-D seismic has been attained.

Significance of Mississippi Locations Lexaria has a 60% interest in the next 38 exploration wells that will be focused on the same Frio geologic formation as the successful Belmont Lake oil field. The land package is in excess of 130,000 acres in five major blocks, and has been previously disclosed. However, due to the significant discovery and current development of the Belmont Lake oil field, Lexaria decided it was prudent to focus its future efforts on those same geological horizons in which it is currently enjoying success. Drilling costs for shallow holes are inexpensive and completion times are quick. Reliable and extensive infrastructure exists, including pipeline gathering systems. Success rates, particularly of the Frio wells, are high. And this location, close to Henry Hub in Louisiana, ensures maximum natural gas revenue rates. Our operations are far enough removed from the coast of the Gulf of Mexico to prevent most potential hurricane-induced disruptions. A significant exploration land package in south-western Mississippi, east of the Mississippi River has been updated and amended. Lexaria has therefore negotiated more favorable conditions with its respected operator, Griffin & Griffin Exploration LLC, throughout this large land package area. It is significant to note that 3D seismic has been shot over 100% of this land package. Under various conditions and work commitments, Lexaria has now preserved its interest in this major land package for not less than three additional years, and under certain conditions, for up to six years of exploration.

Financing In Place On December 1, 2010, Lexaria completed the first tranche of a non-brokered convertible debenture financing in the amount of $450,000 USD. The convertible debentures mature on November 30, 2012 , subject to forced conversion as set out in the convertible debenture certificate. A director of the Company purchased debentures in the amount of $50,000 USD. The convertible debentures pay an interest rate of 12% per annum calculated on a simple basis, payable monthly in arrears. Each debenture is convertible at a price of US $0.35 cents into units, each unit comprised of a common share and a warrant. Each warrant entitles the holder thereof to purchase one share at a price of US$0.40 per share from the earlier of the maturity date of the convertible debenture or one year from conversion of the convertible debenture. The Company also entered into a general security agreement with the subscribers, whereby the obligations to repay the convertible debenture are secured by certain assets of the Company. The proceeds of this financing will be used to fund an infrastructure upgrade at Belmont Lake oil field designed to optimize production, and for general corporate purposes.

Management, Directors and Advisors

Chris Bunka – Chairman of the Board, CEO & President Mr. Bunka was appointed Chairman of the Board, CEO and President in October, 2006. Since 1988, Mr. Bunka has been CEO of two privately-held holding companies. He is a venture capitalist and corporate consultant and formerly, a business commentator and author. He brings to Lexaria extensive experience in the capital raising markets, corporate governance, project acquisition and finance. He has assisted in raising growth capital for many firms since 1998.

Mr. Bunka is primarily focused on the development of growth companies. He is also the Chairman and CEO of Eenrtopia Corp, a clean energy company that is publicly traded in Canada and the United States.

Bal Bhullar, CGA, CRM – Director & CFO Ms. Bhullar brings 20 years of diversified financial and risk management experience in both private and public companies, in the industries of high-tech, film, mining, marine, oil & gas, energy, transport, and spa industries. Among some of the areas of experience, Ms. Bhullar brings expertise in financial and strategic planning, operational and risk management, regulatory compliance reporting, business expansion, startup operations, financial modeling, program development, corporate financing, and corporate governance/internal controls. Previously, Ms. Bhullar has held various positions as President of BC Risk Management Association of BC, and served as Director and CFO of private and public companies. Currently, Ms. Bhullar serves as a Director and CFO for Bare Elegance Medspa and a CFO for ISEE3D Inc. Ms. Bhullar is a Certified General Accountant and as well holds a CRM designation from Simon Fraser University and a diploma in Financial Management from British Columbia Institute of Technology.

Thomas Ihrke – Senior Vice President and Business Development Prior to co-founding Commissum Capital Management in July 2001 where he was a General Partner until 2010, Tom joined Morgan Keegan & Co. in June 1993. Tom was a Senior Trader and Market Maker, overseeing the trading of approximately 50 NASDAQ bank and financial stocks and was also the market maker in oil service companies. In late 1999, Tom joined Morgan Keegan`s corporate finance group as the senior member of the firm`s Financial Institutions Group. After graduating from Texas Christian University in 1989, Tom spent three years trading US Treasury Bonds for his own account on the floor of the Chicago Board of Trade as a member of the Mid America Commodities Exchange. He then attended the Graduate School of Business at the University of Tennessee. Tom has previously served as President of the Memphis Security Dealers

Dr. David DeMartini – Director Dr. DeMartini is a recognized expert in several geophysical fields including seismic “bright spot” data analysis. He held various senior positions at the Shell Bellaire Research Center in Houston Texas from 1980 through 1998. He was inducted to the Offshore Energy Center Hall of Fame as a Technology Pioneer last year and was for several years a member of the Dean`s Advisory Council of the College of Mathematical and Physical Sciences at The Ohio State University from which he received a PhD in Physics following his B.S. in Physics cum laude from the University of Notre Dame. Dr. DeMartini has prepared customized software on behalf of Lexaria Corp, and is applying it to existing seismic data, to help better differentiate certain structures to assist the Company as it continues to prioritize its many oil and gas targets.

Committees of the Board Audit committee consists of Bal Bhullar and Chris Bunka.

Dr. David DeMartini – Chief Scientific Advisor Dr. DeMartini is a recognized expert in several geophysical fields including seismic “bright spot” data analysis. He held various senior positions at the Shell Bellaire Research Center in Houston Texas from 1980 through 1998. He was inducted to the Offshore Energy Center Hall of Fame as a Technology Pioneer last year and was for several years a member of the Dean`s Advisory Council of the College of Mathematical and Physical Sciences at The Ohio State University from which he received a PhD in Physics following his B.S. in Physics cum laude from the University of Notre Dame. Dr. DeMartini has prepared customized software on behalf of Lexaria Corp, and is applying it to existing seismic data, to help better differentiate certain structures to assist the Company as it continues to prioritize its many oil and gas targets. Lexaria Corporate Profile : http://www.lexariaenergy.com/pdf/Lexaria_profile1009.pdf

Lexaria Business Plan : http://www.lexariaenergy.com/pdf/Lexaria%202010%20Business%20Plan.pdf

Contact:

Lexaria Corp.

Chris Bunka President/CEO/Chairman (250) 765-6424 950 – 1130 West Pender Street Vancouver, BC Canada, V6E 4A4 Website: http://www.lexariaenergy.com Phone: 604-602-1675 Email: info@lexariaenergy.com Forward Looking Statement: This profile and blog includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company`s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favourable for field work; no assurance that well treatments will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that the expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company`s public announcements and filings. The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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American Power Corp.

(OTCBB: LXRP ) (Toronto Exchange: LXX) STOCKGURU PROFILE – CORPORATE WEB SITE

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