Warrior Energy N.V.
TSX VENTURE : WEN

Warrior Energy N.V.

August 06, 2008 08:00 ET

Warrior Announces New Lease Acquisition in the Green River Basin

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 6, 2008) - Warrior Energy N.V. (the "Company") (TSX VENTURE:WEN) is pleased to announce the following lease update. Warrior has successfully acquired oil and natural gas leases in the prolific Green River Basin of southwestern Wyoming, a key focus area of the Company. The oil and gas leases have been acquired by Warrior Energy Holding Inc. ("Warrior"), a wholly-owned subsidiary of the Company.

Warrior recently acquired oil and gas mineral rights to 2,080 gross and net acres in the Green River Basin. The acquisition increases Warrior's total leasehold position in the Green River Basin to over 5,000 net acres, a 69% increase. The recently acquired leasehold interests are undeveloped and Warrior's working interest will be 100 percent.

Mr. Gordon Nielsen, President and CEO, commented, "This latest acreage acquisition emphasizes our commitment to establishing a high-impact natural gas resource play in the Greater Green River Basin. As part of our corporate strategy, we will remain opportunistic as we seek to establish a position in emerging U.S. Rocky Mountain gas plays."

About Warrior Energy N.V.

Warrior is an emerging junior oil & gas exploration and production company primarily focused on identifying and exploiting large-scale natural gas opportunities.

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

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