Curlew Lake Resources Inc.

Curlew Lake Resources Inc.

December 12, 2007 09:15 ET

Curlew Lake Resources Inc. Announces Successful Drilling of Saskatchewan Oil Well. Additional Drilling Program Set to Commence

LANGLEY, BRITISH COLUMBIA--(Marketwire - Dec. 12, 2007) - Curlew Lake Resources Inc. (TSX VENTURE:CWQ)(PINK SHEETS:CWLXF) is pleased to report that drilling operations are complete on the Propel Minard Frobisher horizontal oil well in the Minard area of S.E. Saskatchewan. Drilling operations were completed on time and budget. Completion operations have commenced and early results are encouraging enough to begin construction of a single well battery and installation of artificial lift on the well bore. Stabilized production rates should be available early in the New Year.

The operator of the well, Propel Energy Corp. of Calgary, expects the well to be on-line prior to the holiday season and has engaged marketing expertise to direct the production to the highest netback receipt points on the distribution system. Curlew Lake has earned a 25 percent working interest in the well.

Curlew Lake also reports the company has committed to participate in a second well offsetting our producing well in the Fosterton area of Saskatchewan. Drilling funds have been advanced to the operator. The Company will have a 15 percent working interest in the well before and after payout. The Company will update shareholders when drilling has commenced.

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On Behalf of the Board of Directors

Robert B. Pincombe, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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