TN-K Energy Group Inc. Led the Negotiations of an Oil Lease Sale and Acquires 10% Overriding Royalty Interest in 4 Leases Totaling Approximately 500 Acres and 9.5% ORRI Interest in Existing Production

CROSSVILLE, Tenn., Jan. 31, 2012 (GLOBE NEWSWIRE) -- TN-K Energy Group Inc. (OTCBB:TNKY) today announced that the company led the negotiations, between the buyers and sellers, of an $875,000 oil and gas lease known as the Bayer, Smith, Endicott and Warren leases. The leases are located in Overton County, Tennessee and total approximately 500 acres. These leases are located in a highly productive and proven area in the Fort Payne, Sunnybrook, Murfreesboro, and Knox formations. These formations ran...continued TNKY

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