Poland - Wysak Signs Agreement with Leading European Wind Energy Company

Wysak Petroleum (OTC-WYSK) has announced an agreement to develop a 46 MW wind farm project near Radzejow, Poland. Leading Wind Energy Company co-developer Projekt GmbH, Germany, anticipates approximately 125 GWh/year in electricity from the Radzejow Project. It is estimated that this is enough electricity to power over 15,000 homes per year. The Company states; “All necessary licenses and permits have been agreed to, and final preparations for the construction permit are in place. The historical success of Projekt GmbH as a leading wind energy developer as well as the significant wind conditions of this area, meet all our corporate investment standards. With these factors in place, we anticipate this to be rewarding not only for our investors, but also for the community of Radzejow. As a result of this significantly larger and more promising project, we will not be pursuing the previously announced 22 Mw development project originally under consideration.”