updated 12/16/2010 8:16:27 AM ET 2010-12-16T13:16:27

DALLAS, Dec. 16, 2010 (GLOBE NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, has posted a Podcast Interview featuring the CEO of Lexaria, Corp. (OTCBB:LXRP) Chris Burka.

Lexaria is an oil production company which enjoys some of the lowest drilling and field operating costs at under $16.00 barrel. Lexaria's Belmont Lake Oil Field, located in Mississippi, has four producing wells with a sixty percent interest in an exclusive right to drill over 130,000 acres with existing 3-D Seismic data on this land package.

Lexaria is a tightly held company with cash flow from the four existing wells. The Company is in a position to build its cash reserves in order to drill more wells without resorting to dilutive financings. 

Mr. Burka noted he expects the proven Belmont Lake Oil Field to ultimately have 7-10 wells. This means production, cash flows and revenues have the potential to double from their current levels. Ultimately, Lexaria will use these cash flows to drill for additional oil fields on its vast 130,000 acre land package.

To listen to the StockGuru.com interview with Chris Burka, please click below:

MP3 Audio:


Website: http://www.lexariaenergy.com  Email: info@lexariaenergy.com

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LXRP Disclosure: Pentony Enterprises LLC entered into an investor relations consulting and market awareness contract on December 14, 2010. LXRP has agreed to compensate us six thousand dollars for profile coverage. We have taken no shares. To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. This means that as we release new information about a particular client company either on our site or otherwise authored by us, you can be confident we are not selling shares at the same time. We hold no shares and will not be receiving further compensation in shares or that is share related during this period. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. Pentony Enterprises LLC – 1601 Berwick Drive – McKinney, Texas 75070 – (469) 252-3031.

CONTACT:  StockGuru.com
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