LNG Energy Ltd.
TSX VENTURE : LNG

LNG Energy Ltd.

October 14, 2009 08:00 ET

LNG Energy Ltd.: First Well Drilled and Cased in Black Warrior Basin

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 14, 2009) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

LNG Energy Ltd. ("LNG") (TSX VENTURE:LNG) is pleased to announce that the Hickman Farms 30-15 well has been successfully drilled and production casing run to total depth targeting the Pottsville Sands. The Pickens County, Alabama well exhibited numerous gas shows while drilling. A full suite of logging tools was run in the well. The log data will be analyzed and interpreted over the coming weeks. It is anticipated that four different zones will be tested for commerciality. The testing is expected to commence in about 30 days. The well is operated and paid for by BNK Petroleum Inc. ("BNK") as part of its commitment to drill a series of test wells to earn up to a 50% working interest in a portion or all of approximately 80,000 acres in the Black Warrior Basin. The exploration program requires BNK to pay 100% of the costs in the test wells. The Hickman Farms 30-15 well is the first of three commitment wells it had agreed to. LNG owns a 60% interest in the Black Warrior leases through its 60% owned subsidiary, BWB Exploration, LLC ("BWB").

LNG ENERGY LTD.

Dave Afseth, President & CEO

This news release may contain forward-looking statements based on assumptions and judgments of management of LNG regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. LNG disclaims any intention or obligation to revise or update such statements except as may be required by law.

Shares Outstanding: 144,095,965

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information