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Open Range Energy Corporation

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Open Range Energy Corp. Announces Closing of Previously Announced Strategic Working-Interest

CALGARY, ALBERTA, Nov 16, 2009 (Marketwire via COMTEX) --

Open Range Energy Corp. ("Open Range" or the "Company") (TSX:ONR) is pleased to announce it has completed the acquisition of a working-interest partner's position in the Company-operated Ansell/Sundance property in west central Alberta (the "Acquisition"), as detailed in the Company's October 13, 2009 press releases. Consideration for the Acquisition was a cash payment of $60 million which was funded primarily from the proceeds of the Company's bought-deal subscription receipt financing completed on November 3, 2009. Cormark Securities Inc. acted as financial advisor to Open Range with respect to the Acquisition.

In connection with the Acquisition, the Company's shareholders today approved the issue of 31,350,000 common shares underlying the previously issued subscription receipts. The subscription receipts have now been automatically converted into common shares. As Open Range obtained receipt for a final prospectus on November 4, 2009, these common shares are not subject to a hold period.

Open Range will be reporting its third quarter results, providing an operational outlook and announcing its first-half 2010 guidance later today.

OPEN RANGE ENERGY CORP. IS A PUBLICLY TRADED CANADIAN ENERGY COMPANY WITH FOCUSED OPERATIONS IN THE DEEP BASIN REGION OF ALBERTA.

OPEN RANGE HAS APPROXIMATELY 60.9 MILLION COMMON SHARES ISSUED AND OUTSTANDING, WHICH TRADE ON THE TSX UNDER THE SYMBOL "ONR".

SOURCE: Open Range Energy Corp.

Open Range Energy Corp.
A. Scott Dawson, P.Eng.
President and Chief Executive Officer
(403) 205-3704
Open Range Energy Corp.
Lyle D. Michaluk, CA
Vice President, Finance and Chief Financial Officer
(403) 262-9280
www.openrangeenergy.com

Open Range Energy acquires Ansell/Sundance property - Zibb.com

Nov 17, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Open Range Energy Corp., a Canadian oil and natural gas exploration company, has acquired a working interest in the Ansell/Sundance property.

The Ansell/Sundance property is a multi-zone, deep basin natural gas play located in west central Alberta, Canada.

The transaction was funded from the proceeds of the company's bought-deal subscription receipt financing completed on November 3, 2009.

Announcement (October 13, 2009):

Open Range has reached an agreement to acquire a working interest in the Ansell/Sundance property for CAD60 million ($57.78 million) in cash.

Cormark Securities, Inc. is acting as financial advisor to Open Range.

The transaction, with an effective date of October 1, 2009, is expected to close on or about November 27, 2009.

Deal Value (US$ Million) 57.78
Deal Type                Acquisition
Sub-Category             Asset Purchase
Deal Status              Completed: 2009-11-16

Deal Participants

Target (Company)   Ansell/Sundance Property - Alberta, Canada
Acquirer (Company) Open Range Energy Corp.

Deal Rationale

The acquisition will increase the production capacity of Open Range Energy by about 49% and provides the company access to a multi-zone natural gas resource play.

Open Range Energy Corp. to present at the FirstEnergy/Société Générale EnergyGrowth Conference in

CALGARY, Nov. 12, 2009 (Canada NewsWire via COMTEX) --

Notification of live webcast event:

    <<
    Open Range Energy Corp. (TSX: ONR)
    Live webcast presentation
    Tuesday, November 17, 2009, 2:30 PM EST (12:30 PM MST)
    >>

To listen and view this online event, please visit:

http://remotecontrol.jetstreammedia.com/16403

The presentation will be available in an archived version at this link for 30 days following the live presentation.

SOURCE: Open Range Energy Corp.

on the webcast please visit www.firstenergy.com or contact: Open Range Energy Corp.,
Scott Dawson, President & C.E.O.; Lyle D. Michaluk, CFO & Vice President,
Finance, Ph: (403) 262-2936