PRD Energy Inc.: Underwriter and Investor

$23,000,000

PRD Energy Inc. is a public exploration company whose assets are solely focused in several hydrocarbon basins in Germany. As an underdeveloped region, Germany offers the potential for known resources to be accessed and exploited through the use of technologies and processes that are commonly used in North America, and which can have a significant impact on project economics. KES 7 Capital Inc. was part of an underwriting syndicate that helped raise over $23 million in a private placement for the Company to develop their German assets.

PRD Energy Announces Closing of Approximately $23 Million Private Placements
Press release