ARAPAHOE ENERGY CORPORATION
TSX VENTURE : AAO

ARAPAHOE ENERGY CORPORATION

May 11, 2006 17:07 ET

Arapahoe Energy Corporation Announces Annual Filings Under National Instrument 51-101 -Standards of Disclosure for Oil and Gas Activities

CALGARY, ALBERTA--(CCNMatthews - May 11, 2006) - Arapahoe Energy Corporation (the "Corporation") (TSX VENTURE:AAO) has filed its Form 51-101F1 - Statement of Reserves Data and Other Oil and Gas Information, Form 51-101F2 - Report on Reserves Data by Independent Qualified Reserves Evaluator, and Form 51-101F3 - Report of Management and Directors on Oil and Gas Disclosure, under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. The information is included in the Annual Information Form filed by the Corporation on April 28, 2006. Such filings can be accessed electronically from the SEDAR website at www.sedar.com.

Arapahoe is a junior oil and gas exploration company engaged in the exploration, development and production of oil and natural gas in Western Canada. Arapahoe's primary areas of exploration focus are the Alberta Foothills, specifically on the Tsuu T'ina First Nation (Sarcee Area) immediately west of the City of Calgary and in western Saskatchewan on Poundmaker Cree Nation lands.

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