As previously announced on April 26, 2007, Rolland Energy Inc. (TSX-V: ROE - News) is to sell its Technology Division Assets for $1.4 million cash to a private Canadian corporation (the “Purchaser”). The Purchaser is entirely at arms length from Rolland Energy and there are no finders fees associated with the sale. Rolland Energy now expects the transaction to close on or before June 15, 2007.

ABOUT ROLLAND ENERGY INC

Rolland Energy is a light crude oil producer based in south-western Manitoba, building shareholder value through growth by combining low-risk drilling and strategic acquisitions.

www.rollandenergy.com
Source: Rolland Energy Inc.

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