Admiral Bay Resources Inc.

Admiral Bay Resources Inc.

March 04, 2005 13:41 ET

Admiral Bay Receives Approval for Acquisition of Mound Valley CBM Project in Kansas


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ADMIRAL BAY RESOURCES INC.

TSX VENTURE SYMBOL: ADB

MARCH 4, 2005 - 13:41 ET

Admiral Bay Receives Approval for Acquisition of Mound
Valley CBM Project in Kansas

TORONTO, ONTARIO--(CCNMatthews - March 4, 2005) - Admiral Bay Resources
Inc. (TSX VENTURE:ADB) -

Senior Petroleum Geologist added to Admiral Bay Team

Admiral Bay Resources Inc. (TSX VENTURE:ADB) announced today that the
TSX Venture Exchange has approved the purchase of the Mound Valley CBM
Project in south east Kansas from ICON Petroleum of Midland, Texas.
Admiral Bay's acquisition of a 10,000 acre block, located in Labette
County, Kansas, provides an additional 125 coal bed methane locations.
The coals are found from 600 to 800 feet in depth. The property is
presently producing 40 MCFGPD from four wells. The wells have been
completed with older type frac techniques and will be re-fraced with
more efficient techniques designed to effectively stimulate coals.
Admiral Bay plans to begin staking six new wells for immediate drilling
in early April. The adjacent area is actively being developed by Quest
Petroleum.

Admiral Bay is also pleased to announce the appointment of Connie Knight
as Vice President of Exploration for Admiral Bay (USA). Ms. Knight is a
graduate of the Colorado School of Mines and has over 27 years
experience in the petroleum industry. Ms. Knight is a proven oil and gas
finder, formerly with Amoco, and a petroleum geologist who will be an
exceptional addition to the Admiral Bay management team. Ms. Knight will
enhance the company's ability to efficiently develop its existing
projects as well as assist in finding new opportunities for Admiral Bay.

Admiral Bay Resources Inc. (www.admiralbay.com) is a Canadian listed oil
and gas exploration and development company focused on developing its US
producing projects in the Cherokee Basin in southeast Kansas and the
Appalachian Basin, in Pennsylvania. Coalbed methane (CBM) and
conventional oil & gas production has begun at the Company's Shiloh,
Devon and Quest projects in Kansas and Utah. The Company is listed on
the TSX Venture Exchange.

Statements in this release that are not historical facts are
"forward-looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Readers are cautioned that any
such statements are not guarantees of future performance and that actual
developments or results may vary materially from those in these
"forward-looking statements".

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Admiral Bay Resources Inc.
    Steven Tedesco
    President & C.O.O.
    (303) 350-1255
    (303) 617-8956 (FAX)
    stedesco@admiralbay.com
    or
    Admiral Bay Resources Inc.
    Curt Huber
    Corporate Development
    (604) 628-5642 or Toll Free: 1 (866) 217-1620
    info@admiralbay.com
    www.admiralbay.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    of this release