SOURCE: Turner Valley Oil and Gas Inc.

September 09, 2005 15:21 ET

Turner Valley Provides Progress Report on 7 Gas Wells

CALGARY, AB -- (MARKET WIRE) -- September 9, 2005 -- Turner Valley Oil and Gas (OTC BB: TVOG)

Win Energy along with its working interest partners have drilled and cased the first six wells of an ongoing exploration program at Todd Creek and Cowley in the southern Alberta foothills. Five wells are classified as potential gas wells, which will be production tested during the next two months and the sixth well 7-16-9-2W5 is classified as suspended, pending deepening. The discovery well 6-33-9-2W5 at Todd Creek, which was acquired in 2004, is ready to tie in upon completion of the gas-plant and facilities. Win Energy is currently testing 13-28-9-2W5 and waiting for service rigs to test 13-9-8-1W5 and 10-17-7-1W5 and PetroCanada is currently testing 1-29-7-1W5 and will be testing 7-29-8-1W5 in the near future. Win Energy will be in a position to discuss estimated production volumes once testing has been completed.

The following is a chart of Win's current wells.

Operator     Location   Area        Win's Working  Classification
Win          6-33-9-2W5 Todd Creek  82.50%         Ready for Production
Win          7-16-9-2W5 Todd Creek  75.00%  Suspended: Potential Deepen
Win         13-28-9-2W5 Todd Creek  75.00%          Cased Well: Testing
PetroCanada  7-29-8-1W5 Cowley      50.00%          Cased Well: Testing
Win          13-9-8-1W5 Cowley     100.00%          Cased Well: Testing
PetroCanada  1-29-7-1W5 Cowley      40.00%          Cased Well: Testing
Win         10-17-7-1W5 Cowley      75.00%          Cased Well: Testing
Win Energy has begun construction of the gas-plant at Todd Creek and will further update upon completion of the plant. In addition, Win Energy has completed surveying for a gas pipeline to connect wells to Win Energy's future gas-plant at Todd Creek.

Win Energy is also committed to drill 3 more locations by the end of 2005.

Win Energy on going public

The company continues to work toward a public listing on the TSX Venture exchange later this fall.

Updates will be provided as the IPO process moves along closer to trading date.


Turner Valley Oil and Gas is an emerging oil and gas company focused on exploration for, development drilling for, and transmission facilities for the production and sale of oil and gas. Turner Valley Oil and Gas is focused on increasing production by means of continuing acquisitions, development projects and exploration drilling within a joint venture framework.


This release may contain forward-looking statements within the meaning of the "safe harbour" provision of the Private Securities Litigation Reform Act of 1996, regarding Turner Valley Oil and Gas Inc.'s business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside the control of the Company.

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