Angle Energy Inc. (Toronto: NGL) reports a significant increase to its 2012 year-end oil reserves and top tier capital efficiencies in its oil reserve additions.

Total proved plus probable reserves are 60.9 million barrels of oil equivalent with an increase in light oil reserves of 113% from 5.2 million barrels to 11.1 million barrels as compared to Dec. 31, 2011. Light oil and natural gas liquids now represent 55% of Angle's barrels of oil equivalent reserves.

Proved plus probable reserve additions total 11 million barrels equivalent, of which 81% is ...