Gulf Shores Resources Ltd.
TSX VENTURE : GUL
FRANKFURT : GFU

Gulf Shores Resources Ltd.

December 21, 2007 12:30 ET

Gulf Shores Has Spudded Exploration Well 12/17b-1, Offshore United Kingdom

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2007) - Gulf Shores Resources Ltd. (TSX VENTURE:GUL)(FRANKFURT:GFU) -

Drilling has commenced on an exploration well to evaluate the Ridgewood prospect located in the Moray Firth area of the United Kingdom Continental Shelf (UKCS).

Gulf Shores is paying 15% of the well cost to earn a 10% interest in Block 12/17b.

The 12/17b-1 well is targeting Jurassic Volgian sandstones with an interpreted four-way dip closure covering an area of approximately 1,200 acres. If commercial reserves are discovered in the Volgian the well will be deepened to evaluate the lower Beatrice sandstone.

Lundin Petroleum AB (operator) has contracted the Global Santa Fe Galaxy II jack-up rig to drill this well. Drilling is expected to take 28 days.

ON BEHALF OF THE BOARD

Michael Turko, President

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

Contact Information