SOURCE: Cambridge Resources

March 13, 2007 16:30 ET

Cambridge Resources Victim of Email Spammers

NEW YORK, NY--(Marketwire - March 13, 2007) - Cambridge Resources Corporation (PINKSHEETS: CBRP) (FRANKFURT: M3F) announced today that it has been a target and victim of email spammers.

According to the company, a series of emails touting CBRP were allegedly sent out to thousands of people the week of March 4, 2007. The company did not hire, pay and/or request anyone and/or any organization for the email distribution. The company does not and did not approve any of the content of said emails and the company was not aware of such email distribution nor does it condone such illicit practice.

Due to the emails and complaints thereafter, Pinksheets has removed the quotation from its website until a legal opinion by the company's counsel can be provided. It should be noted that quotation on the company's stock is available on all other quotation systems and that trading continues to be active.

Investors should seek complete information on the company and seek advice from their financial and or investment advisor before making an investment decision.

Cambridge Resources Corporation disseminated several press releases and investors can review said releases on the company's website at and can speak to the company's investor relations department for more information. The company plans to make all financial and or material events known to the public via its website, press releases and the Pinksheets news service.

The company has a total of 180,000,000 common shares outstanding and no preferred shares, options or warrants. The company does not have any revenue; profit and assets are limited to the acquisition of American Pride Energy and its oil and gas properties, which have been independently valued at US $409 million and the liabilities are approximately US $5 million, which represents the payment required for the closing of the acquisition of American Pride Energy to occur on or before June 15, 2007.

About Cambridge Resources

Cambridge Resources Corp. is a junior oil and gas producer located in Kansas City and its properties have an estimated 5,000,000 barrels in recoverable reserves and once the required financing is concluded, the company expects production to grow to 182,500 barrels of oil per year and 219,000 MCF of gas per year. The company projects to generate approximately US $40 million in Revenue and US $32 million in Profit within the next 5 years and further exceed these projections with the acquisition of other properties with proven reserves in North America and around the world.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

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