WX Wrangler West Energy Corp

CALGARY, June 27, 2011 /CNW/ -- CALGARY, June 27, 2011 /CNW/ - Wrangler West Energy Corp. ("Wrangler West", the "Company") (TSX-V "WX") announces the sale of certain operated crude oil assets in the Grand Forks area of Alberta (the "Assets") for $5.3 million. The disposition of these producing assets was effective May 1, 2011 and the transaction is expected to close on June 29, 2011. Wrangler West's production associated with these assets is approximately 100 boe/d. Proceeds from the sale of these properties will strengthen the Company's balance sheet and provide capital to pursue 2011 exploration and development initiatives.  Corporate Profile Wrangler West is a Canadian junior crude oil and natural gas producer which explores for and develops crude oil and natural gas production assets in the Province of Alberta. Since inception, our mandate has been to use the drill bit to add shareholder value. Disciplined management of our operations and production portfolio creates sufficient funds flow to support ongoing operations. Wrangler West intends to continue to reinvest funds flow from operations and other available capital to protect current and add future value.  Wrangler West trades on the TSX Venture Exchange under the symbol "WX". Reader Advisory This news release contains forward-looking statements about potential new crude oil and natural gas drilling, production operations, sources and use of capital, potential asset purchases or dispositions and expected future operations. Although Wrangler West believes the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Company can give no assurance they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. A more detailed discussion of forward-looking statements is provided in Wrangler West's Management's Discussion and Analysis for the three months ended March 31, 2011 which is filed on www.sedar.com. Forward-looking statements contained in this news release are made as of the date hereof and Wrangler West undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The TSX Venture Exchange has not reviewed, and does not accept responsibility for, the adequacy or accuracy of this press release. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2011/27/c9419.html p align="center" bWran/bbgler West Energy Corp./bbr/ telephone:  (403) 290-6800br/ Steven F. Johnsonbr/ President and Chief Executive Officerbr/ a href="mailto:info@wranglerwest.ca"info@wranglerwest.ca/a /p

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