SOURCE: Wilon Resources, Inc.

November 15, 2006 09:05 ET

Wilon Resources, Inc. to Resume Delivery of Natural Gas in Current Month

CHATTANOOGA, TN -- (MARKET WIRE) -- November 15, 2006 --Wilon Resources, Inc. (PINKSHEETS: WLON) is pleased to announce that the Company will resume production and delivery of natural gas during the month of November. The Company recently received notification from Columbia Gas Transmission, a subsidiary of NiSource, that they will now accept delivery of the Company's natural gas production.

In September, the Company announced an agreement with the Tennessee Gas Co., a subsidiary of El Paso Corporation, for the transmission of natural gas production. Harry Thompson, President of Wilon, stated: "I am pleased to announce that we now have two viable options for the delivery of our natural gas production. We look forward to beginning transmission to one or both of these leading energy companies before month's end."

Wilon has a three-year history of sales and earnings. For the fiscal year ending 9/30/05, sales exceeded $2.6 million, and net income exceeded $545,000. The company has successfully drilled or reworked 65 natural gas wells. Plans are to rework another 50 wells during the next 12 months, and to complete more than 25 new wells in 2006 and 2007. Its operations are in West Virginia and Kentucky on leaseholds that aggregate approximately 15,000 acres.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes" or statements indicating certain actions "may," "could" or "might" occur.

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