49 NORTH 2010 RESOURCE FLOW-THROUGH LIMITED PARTNERSHIP ACQUIRES INTEREST IN
WESTCORE ENERGY LTD.

SASKATOON, Dec. 24 /CNW/ - 49 North 2010 Resource Flow-Through Limited Partnership (the "2010 Fund") of 602, 224 - 4^th Avenue South, Saskatoon, Saskatchewan announces that in connection with the closing of a private placement offering by Westcore Energy Ltd. ("Westcore") on December 21, 2010 it acquired ownership of 2,500,000 common shares of Westcore (representing 9.65% of Westcore's outstanding common shares).  Mr. Tom MacNeill, President, Chief Executive Officer and a director of 49 North 2010 Resource Fund Inc., the general partner of the 2010 Fund also owns, controls or directs, directly or indirectly, 8,625,000 common shares of Westcore.

Upon closing of the sale, Mr. MacNeill will own, control or direct 11,125,000 common shares (representing 42.95% of Westcore's outstanding common shares).

The 2010 Fund acquired the securities for investment purposes. The 2010 Fund may in the future take such actions in respect of its holdings as it may deem appropriate in light of the circumstances then existing, including acquiring ownership or control over additional common shares or other securities of Westcore or the disposition of all or a portion of its holdings in open market or in privately negotiated transactions.

A copy of the early warning report in respect of this transaction has been filed with the applicable securities commissions and can be found at www.sedar.com.

For further information:

49 North 2010 Resource Flow-Through Limited Partnership
Tom MacNeill
President and Chief Executive Officer of 49 North 2010 Resource Fund Inc.
306-653-2692 or [email protected].