SOURCE: Wild Brush Energy Inc.

August 30, 2006 04:00 ET

Wild Brush Energy Powder River Corporate Update

SEATTLE, WA -- (MARKET WIRE) -- August 30, 2006 -- Wild Brush Energy (PINKSHEETS: WBRS) continues to expand its presence and acreage in the strategic Powder River Basin. The Company remains focused and committed to the Basin region with its fifth Federal Oil & Gas lease acquisition earlier in the month.

Proven reserves in the Basin region and the success of associate drilling programs have provided Wild Brush Energy with an optimistic and confident outlook here. More than 330 billion cubic feet of gas is being produced annually in an area with an estimated 32 trillion cubic feet of natural gas. With over 400 new wells being drilled each month and up to 90,000 more predicted the Powder River remains one of the most exciting gas plays in North America.

Wild Brush is committed to the evaluation and assessment of additional lease programs and purchase opportunities as they arise. The Company has confidence in its long-term commitment and strategy in the Basin area, and will continue to focus and develop in the best interests of Wild Brush Energy and its shareholders.

Wyoming Properties

In addition to the five Powder River leases, Wild Brush has another lease located in Wyoming's Green River Basin, which according to the Bureau of Land Management contains 1,162 million barrels of recoverable oil and 43.6 trillion cubic feet of recoverable natural gas. The Company's seventh lease is located in the Bighorn Basin, one of the most active natural gas areas in Wyoming.

Proven reserves of natural gas in Wyoming are at an all time high of nearly 19 trillion cubic feet, while proven reserves of crude oil are close to 500 million barrels. Collectively over 26,000 wells produced 54.7 million barrels of oil and 1.75 trillion cubic feet of natural gas in Wyoming annually.

Wild Brush

Wild Brush Energy is a diversified energy company whose primary goal is to identify and develop Oil & Coalbed Methane sites within the State of Wyoming. In addition, Wild Brush Energy continues to evaluate clean air alternative energy producing technologies such as Wind Power. Wild Brush trades in the U.S. under the symbol "WBRS."

Safe Harbor for forward-looking statements

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Wild Brush Energy Inc. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Wild Brush Energy Inc. expressly disclaims any obligation to update the statements contained in this release.

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