(RTTNews) -  Thrust Energy Corp. (TEGC.OB: News ) said Thursday that it has acquired its first working interest in Alberta. The project includes six natural gas wells that are estimated to produce about 940 mcf/day of natural gas. Thrust's working interest would initially be 4.9% and is expected to provide $46,000 in annual income based on current spot prices. The company has the right to increase its working interest in the project to 66%, resulting in annual income of $625,000 at current spot prices. The project is estimated to contain 4.3 Bcf of recoverable natural gas reserves.

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by RTT Staff Writer

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