SOURCE: Cascade Energy, Inc.

November 25, 2005 19:33 ET

Cascade Announces Changes to Management

TUCSON, AZ -- (MARKET WIRE) -- November 25, 2005 -- Cascade Energy, Inc. (OTC BB: CSCE), announces that Mr. Chris Foster has resigned from his positions as CFO, Secretary and Treasurer of the Company, effective immediately. Mr. Foster will remain a Director but has been put on paid administrative leave by the Company. Cascade is pleased to welcome Mr. Dane Brown of North Vancouver, British Columbia to the Company as a new member of the Board of Directors.

Mr. Brown has a wide variety of interests and professional experience ranging from work in film and commercial productions to business administration. Dane most recently completed a 15-year stretch in the service industry where he worked almost exclusively with members of the public and gathered extensive experience in public relations. He has been an investor relations consultant to a number of publicly reporting companies and is presently the President of a private company that consults to the British Columbia film industry. He has previously served as VP- Corporate Development for a junior public oil and gas company and has a breadth of experience outside of the oil and gas industry that will assist the Company greatly in all aspects of its operations.

Cascade Energy is in the process of recruiting and creating appropriate committees to ensure the Company's administration is fully Sarbanes-Oxley Act compliant. In this regard, the Company intends to fill its vacant principal officer positions with highly qualified professionals.


Cascade is an explorer for natural gas and oil. The primary objective of Cascade is to acquire, discover, upgrade and expand North American onshore oil and gas reserves towards near-term production and cash flow, together with identifying and participating in exploration opportunities. By maintaining a balanced debt and equity mix, Cascade's operating strategy is to become cash flow positive in the short term to allow the Company a re-investment of production dollars to enhance and grow company assets. By searching and identifying exploration and producing properties that fit the company's investment and production criteria, Cascade has formulated a strategy to prioritize assets that provide low risk, short payback period and long life reserves.

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the acquisition of oil and gas reserves, any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2005 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.


Cascade Energy, Inc.

William Marshall - President

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