Powder River Basin Gas Corp.
OTC Bulletin Board : PRVB

Powder River Basin Gas Corp.

October 18, 2005 07:00 ET

Powder River Operations Back in Production Following Hurricane Disruptions, Announces New Visibility Program With Princeton Research

CALGARY, ALBERTA--(CCNMatthews - Oct. 18, 2005) - Powder River Basin Gas Corp. (OTCBB:PRVB) a revenue generating producer and acquirer of crude oil and natural gas, today announced power has been restored to the Arcadia Parish project, and the oil wells are now back in production. Due to the down time, it will take several days to pump off the salt water and stabilize oil production. Gas lines are still shut-in, but are now listed as day to day to be restored to service.

The Springhill, Louisiana project had five days of electrical problems which have now been repaired, and the wells on the property are in the process of being reactivated.

The Texas Kirby well returned to production on October 10th, and will also require several days pumping to restore oil production.

In other news, Powder River Basin Gas Corp. has entered into a one year agreement with Princeton Research Corporation of Nevada, with the intent to increase the visibility of the Company. Princeton Research has a long history of successfully introducing several companies to a higher profile audience through weekly stock radio broadcasts, as well as promoting companies through their website. Princeton Research currently has roughly one million followers of their radio and online presentations. Further information on Princeton Research can be found at www.princetonresearch.com.

"I have been looking for quite some time for a reputable organization with a good track record to assist us in increasing the visibility of Powder River Basin Gas Corp., and I believe Princeton Research will help us to do just that," stated CEO Brian Fox. "I feel that our agreement with Princeton Research is extremely positive, and I am looking forward to working with them over the next year. Also, we are pleased that all of our operations will be back to normal within the next few days."

Powder River Basin Gas Corp. is active in production and acquisition of crude oil and natural gas.

Powder River Basin Gas Corp. trades on the OTCBB under the symbol PRVB.

This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.

Contact Information