description="lightestColor"> href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=37&F=H"> src="http://www.shareholdervision.com/guru-email/g/logo-wide.jpg"
border="0" height="77" width="700" />

You are
subscribed as Subscriber

StockGuru
Blog: Arkanova Energy Corporation

src="http://www.stockguru.com/l/akva/akva-logo.png" height="130"
width="306" />

Affinity Mediaworks Corp. (OTCBB: AKVA)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1382&F=H">VIEW
STOCKGURU PROFILE FOR AKVA

Arkanova Energy Corporation (OTCBB: AKVA) is a junior producing
oil and gas company also engaged in the acquisition, exploration and
development of prospective oil and gas properties in the United
States.

width="450" />

• Arkansas: Working interest in Fayetteville Shale
•
Colorado: United States mineral leases in Delores County, Lone Mesa State
Park
• Montana: Leasehold interests in Pondera and Glacier
Counties

Arkanova intends to acquire additional oil and gas property interests
in the future. Growth is anticipated to occur through the exploration and
development of existing properties and through the acquisition of
additional oil and gas properties following extensive due diligence

Potential exists to participate in collaborative agreements and joint
ventures in order to share expertise and reduce operating costs with other
experts in the oil and gas industry.
Analysis of new property
interests will be undertaken by or under the supervision of management and
board of directors.

Four Pronged Approach

Andarko is continuing efforts to bring more wells on line through
recompletion and reactivation of existing wells. Arkanova’s company
strategy encompasses a four-pronged approach:

width="216" />

• To develop the Fayetteville Shale and conventional gas targets
on its Arkansas Prospect
• To re-enter and complete the Grove
East Prospect in the Paradox Basin in Colorado
• To develop
and enlarge production in the Cut Bank oil field in Montana
•
To seek out new properties and partners in addition to increasing its
acreage position

Proved Oil and Gas Reserve Quantities : September 30. 2009,
277,886 million barrels

Current Production

Andarko is currently producing approximately 2,000 barrels per month
with the intent to increase this production to over 5,000 barrels per
month assuming satisfactory drill results for the scheduled 2010 drill
program.

Montana Workinf Interest with 21 Producing Wells

height="129" width="200" />Arkanova acquired a 100% working interest in
approximately 10,000 gross mineral acres in the Two Medicine Cut Bank Sand
Unit located in Pondera and Glacier Counties, Montana, together with the
equipment, parts, machinery, fixtures and improvements located on, or used
in connection with, the Two Medicine Cut Bank Sand Unit.

Ownership of these leasehold interests granted Arkanova the right to
develop and produce all of the oil and gas reserves under the Unit.

The Unit covers approximately 9,900 acres and is located at the far
southern end of the Cut Bank Field; it is part of the Blackfeet Indian
Reservation. Since the establishment of the Unit in 1959, there have been
82 wells drilled on the Unit and there are currently 21 wells producing
oil from the Unit. This has increased from 12 wells that were producing in
October 2008, at the time Andarko acquired the property interests.

All of the 9,900 acres on the Montana unit are considered to be
developed and developmental acreage. Provident Energy, a wholly owned
subsidiary, is currently working with Schlumberger to develop infield
vertical and width="176" />horizontal drilling locations. The property has 80 acre
spacing with the potential for 40 acre to 20 acre spacing allowing for a
minimum of 80 infield drilling locations. The property also has the
potential for 30 Bakken type horizontal wells based on 320 acre
spacing.

Arkanova intends to make an application and file the necessary permits
with the various regulatory agencies in order to drill a well on Montana
lease to explore the Bakken type shale in the second quarter of fiscal
2010.

Security deposits have been paid in relation the Montana property to
secure the bonding requirements of the Montana Board of Oil & Gas, the
Bureau of Indian Affairs and the U.S. Environmental Protection
Agency.

Arkansas Working Interest

height="160" width="200" />

Arkanova has acquired a 100% working interest in approximately 43,500
gross mineral acres in the Fayetteville Shale play located in Phillips and
Monroe Counties of Arkansas. Pursuant to the terms of an oil and gas lease
acquisition and development agreement dated July 24, 2006, Andarko
acquired or is in the process of acquiring, leases of mineral rights in
approximately 50,000 acres of prospective oil and gas lands located in
Phillips and Monroe Counties, Arkansas.

All of the Arkansas 45,482 acres are undeveloped. All leases have
terms of 5 years, the oldest being November 2006. Management also plans to
focus on the exploration and development of property interests in the
Phillips and Monroe Counties, Arkansas and Lone Mesa State Park in
Colorado.

The first well, the DB Griffin #1-33, was drilled to a total depth of
7,732 feet on November 29, 2007, and has been evaluated. It is
Andarko’s intent to re-enter and drill the Griffin 1-33 to the
Devonian in 2010, if it warrants re-entry.

Colorado Working Interest

height="152" width="200" />

Arkanova has acquired a 100% working interest in approximately 1,320
gross mineral acres in the Paradox Basin located in southwest Colorado.
The initial term of the leases is for seven years, and continues
thereafter so long as oil or gas is being produced from the lease areas in
paying quantities. Arkanova anticipates a 100% working interest in the
property and an approximate combined net royalty of 83.25%, with the
remaining royalty interest to the lessors.

In connection with the acquisition of the lease from The Curtis Jones
Family Trust, a third-party a 3.5% overriding royalty on 220 net mineral
acres exists. The exploration targets on this prospect include a series of
fractured black shales of the Pennsylvanian age Paradox Formation with
drilling depths of 8,000 feet to 9,500 feet. The target intervals were
already encountered in a well located on the leasehold, which was drilled
for deeper oil targets and then was plugged in a time when gas was
uneconomic due to price.

In the 100 foot thick main target interval, the gas show while
drilling was reported to be 14,000 units of C1 (28,000+ units by
chromatograph) and pressure was calculated at approximately 4,600 psi.
Permission is being requested from the State of Colorado to re-enter and
complete this bypassed gas pay.

Management is planning to farm out this prospect in 2010 if
commercially productive. The sale of this property is being
considered.

Delivery Commitments

There are no contracts obligating Andarko to provide a fixed quantity
of oil and gas to any party. A contract exits with CHS Inc. that provides
for their taking all oil and/or condensate production from the unit unless
either party give 30 days advance written notice to terminate the
agreement.

Estimated Timeline of Exploration Activity on Property

• June, 2010 – Commence drilling Montana well and complete
in the CutBank or Bakken type formation, if warranted
• July,
2010 – Commence drilling second Bakken well if warranted
•
August, 2010- Commence drilling third Bakken well if warranted

Management

Pierre Mulacek—President and CEO, Arkanova Energy Corp.
Pierre Mulacek is the President and CEO of Arkanova Energy Corp. He
leads the company with more than twenty years of experience in various
facets of the energy industry. Prior to Arkanova Energy, he served as Vice
President of Petroleum Independent Exploration Corp. and was one of the
original founders of InterOil Corp. He attended Texas Tech University from
1979 to 1983 with a focus on Petroleum Land Management.

Erich Hofer—Director, Arkanova Energy Corp.
Erich
Hofer is a director of Arkanova Energy Corp. He leads business development
for the company and has been instrumental in securing the company’s
largest project acquisition to date. Mr. Hofer brings over fifteen years
of international financial and management expertise to the company. He
served eight years in a CFO capacity as well as various executive
management leadership roles in several industrial companies in
Switzerland. He holds an MBA from the University of Chicago (2004) and a
B.S. in Economics and Management from the University for Applied Science
for Business and Administration in Zurich (1993). He is also a Certified
Management Accountant in Switzerland.

Reginald Denny—CFO, Arkanova Energy Corp.
Reginald
Denny is the CFO of Arkanova Energy Corp. He has more than twenty-five
years of experience in the energy industry including his service in CFO,
controller and senior management roles. Mr. Denny also has SEC reporting
and Sarbanes-Oxley compliance experience. He was the CFO to Tesmec, USA,
an oil and gas services company, for over thirteen years and has been an
independent accounting consultant since 2006. Mr. Denny received a B.B.A.
in Accounting with a minor in Finance from the University of Houston 1973
and is a registered Certified Public Accountant in Texas.

Lance Nelson—Field Manager, Arkanova Energy Corp.
Lance Nelson is the Field Manager of the Two Medicine Cut Bank Sand
Unit in Montana. He has over fifteen years experience in the oil and gas
industry. Mr. Nelson brings eight years of drilling and completions
knowledge from his work throughout the Gulf Coast and Rocky Mountain
regions including Montana. In addition, he has spent the other half of his
career working on exploration and development projects in Brazil, Qatar,
UK, and Australia. He holds a B.S. in Chemical Engineering from South
Dakota School of Mines & Technology (1995).

Arkanova Energy Corp. (OTC: AKVA)
2441 High Timbers
Drive
Suite 120
The Woodlands, TX 77380
United States
– Map
Phone: 281-298-9555
Fax: 281-298-9558
Web
Site: href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1384&F=H">http://www.arkanovaenergy.com

About Arkanova Energy Corporation
Arkanova Energy
Corporation is a U.S. based oil and gas exploration and development
company. Arkanova’s primary assets consist of various oil and
natural gas leases and related interests in oil and natural gas properties
including working interests in Arkansas, Colorado and Montana.

Forward-Looking Statements
Except for statements of
historical fact, the information presented herein constitutes
forward-looking statements. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of the company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors
include general economic and business conditions, the ability to acquire
and develop specific projects, the ability to fund operations and other
factors over which Arkanova Energy Corporation has little or no
control.

src="http://www.stockguru.com/l/akva/akva-logo.png" height="130"
width="306" />

Affinity Mediaworks Corp. (OTCBB: AKVA)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1382&F=H">VIEW
STOCKGURU PROFILE FOR AKVA

.

Live
Twitter Alerts All Market Day

Our
Twitter Feed includes all live posts from StockGuru.com.

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=141&F=H"> src="http://www.stockguru.com/l/twitter-163w.gif" border="0" />

Featured
on StockGuru

While
we cover many companies, here are our current featured profiles
on StockGuru:

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1383&F=H"
style="color: #576164">Affinity Mediaworks Corp.
(OTCBB:
AFFW)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1382&F=H"
style="color: #576164">Hi Score Corporation.
(OTCBB:
AKVA)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1086&F=H"
style="color: #576164">Hi Score Corporation.
(OTC:
HSCO)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1086&F=H"
style="color: #576164">Halo Companies, Inc..
(OTCBB:
HALN)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=947&F=H"
style="color: #576164">Vicor Technologies, Inc.
(OTCBB:
VCRT)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1094&F=H"
style="color: #576164">Medizone International
(OTCBB: MZEI)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1093&F=H"
style="color: #576164">Skinvisible, Inc.
(OTCBB: SKVI)

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=666&F=H"> src="http://www.boldstocks.com/images/BOLD-163-178.gif" border="0"
height="178" width="163" />

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=3&F=H"
style="color: #576164"> href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=204&F=H"> src="http://www.stockguru.com/l/china/china-163-wide.gif" border="0"
height="155" width="163" />

href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=1&F=H"
style="color: #576164">

StockGuru
Spotlight Alerts

Here
are our latest Spotlight Alerts. Note that we typically
do NOT email these to members. You must visit the site at href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=4&F=H"
style="color: #576164">THIS LINK to keep up to
date; or you may subscribe to href="http://www.sgurunews.com/emailmarketer/link.php?M=16735&N=720&L=2&F=H"
style="color: #576164">THIS RSS
FEED.

Suggest
a Client:

Do you
know a great company that simply must be featured on
StockGuru or Shareholder Vision?

Suggest it
to us.

Email: href="mailto:john@stockguru.com" style="color:
#576164">john@stockguru.com
Tel: (469) 252-3031.