-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CmPtQDZYj3Pen4dqmyTuFY/VDMtOT/kXhKIKF9O8ERnfvS1HXlYz9A6k8ROBCHEH YUkeqLmvtL0UNZ8pQeyWwA== 0001001277-04-000444.txt : 20041008 0001001277-04-000444.hdr.sgml : 20041008 20041008171826 ACCESSION NUMBER: 0001001277-04-000444 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040930 FILED AS OF DATE: 20041008 DATE AS OF CHANGE: 20041008 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BERKLEY RESOURCES INC CENTRAL INDEX KEY: 0000870589 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18939 FILM NUMBER: 041072814 BUSINESS ADDRESS: STREET 1: 455 GRANVILLE ST STE 400 CITY: VANCOUVER BC CANADA V6C 1T1 STATE: A1 MAIL ADDRESS: STREET 1: 455 GRANVILLE STREET CITY: VANCOUVER STATE: A1 ZIP: 00000 6-K 1 for092004.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of: September 2004 Commission File Number 0-18939 BERKLEY RESOURCES INC. (Registrant's name) 455 Granville Street, Suite 400 Vancouver, British Columbia, Canada V6C 1T1 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ] Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes [ ] No [X] If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): On September 31, 2004, Berkeley Resources, Inc. issued the press release attached hereto as Exhibit 99. Exhibit No. Description ----------- ----------- 99 Press Release dated September 30, 2004 announcing Drill Program SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BERKLEY RESOURCES INC. (Registrant) Date: October 7, 2004 /s/ Matt Wayrynen --------------- ------------------------ Matt Wayrynen, President Exhibit Index ------------- Exhibit No. Description ----------- ----------- 99 Press Release dated September 30, 2004 titled "Major Drill Program Commenced Sept. 2004" EX-99 2 exhibit99to092004.txt EXHIBIT 99 BERKLEY RESOURCES INC. #400, 455 Granville Street, Vancouver, BC, V6C 1T1 Ph: (604) 682-3701 Fax: (604) 682-3600 September 30, 2004 (BKS - TSX Venture) (BRKDF - U.S. Pinks) NEWS RELEASE Major Drill Program Commenced Sept. 2004 Berkley Resources Inc. ("Berkley") is a diversified resource and real estate company headquartered in Vancouver, Canada. Over the past 16 years it has developed a profitable base of oil and gas projects across Western Canada and commercial real estate in downtown Vancouver. By 2003 Berkley had acquired an impressive portfolio of oil and gas properties and is planning an aggressive exploration and drilling program throughout the balance of 2004 and into early 2005. With record breaking oil prices, Berkley anticipates that in 2004/2005 there will be a substantial increase in revenues and net income. Even though we are at record prices in oil, the price outlook, based on world events, is for oil prices to sustain their high levels and perhaps increase even further. Berkley holds interests in roughly 40 producing wells most of which are located within five discrete project areas in Alberta and Saskatchewan. In addition Berkley is involved in four new exploration projects in Alberta. One is currently drilling and the other three are scheduled for drilling in the next six months. All four are quality opportunities developed over the past several years. Presently Berkley is actively developing the following projects. Several more are in the works: o Dollard, Saskatchewan - Infill drilling is underway on this oil producing property purchased in 2003. Berkley holds 20% W.I. in this project. Further infill and extension drilling will be pursued step-by-step based on success. This favourable acquisition is significantly enhanced by current oil prices. o Crossfield, Alberta - This "second-wave" gas prospect is drill ready, waiting on licencing. Berkley holds 35% W.I. in over 4,000 acres of P&NG leases related to this prospect. o Brazeau, Alberta - This $4.6 million test well is underway. Berkley will pay 30% of the test well costs to earn 19.50% W.I. in a significant gas target. If successful the test well will be tied-in immediately to the operator's marketing system. o Senex, Alberta - Berkley and its partners completed the final acquisition important to this oil prospect by purchasing a nine section P&NG Licence at the September 29, 2004 Alberta Crown sale for $375,000. This acquisition completes the 14 section block important to this project. Berkley holds 20% W.I. in most of the project area which is currently producing over 100 barrels of oil per day from existing wells. Additional drilling and re-entry work is underway. Berkley is well positioned to profit from the strong resource market. Berkley has a solid asset base and has relied almost entirely on internally generated revenues for financing. As a result there are only 6.8 million shares outstanding. Berkley plans further development of its oil and gas projects, with its interests ranging from 20% - 35%. These will be tested under a C$3.0 million plus (Berkley's share) drilling budget in 2004/2005. For more information please contact J.E. (Jim) O'Byrne, Manager, Oil and Gas Operations - Calgary, Phone (403) 237-6211. ON BEHALF OF THE BOARD: "Matt Wayrynen" - ------------------------ Matt Wayrynen, President The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release. -----END PRIVACY-ENHANCED MESSAGE-----