Admiral Bay Resources Inc.
TSX VENTURE : ADB

Admiral Bay Resources Inc.

April 17, 2008 14:16 ET

Admiral Bay Reports That Gross Sales Hit 3.0 MMCFGPD and With Current Gas Prices It Is Cash Flow Positive

- New Compressor and Dehydration Unit allow for increase in sales at Mound Valley.

CENTENNIAL, COLORADO--(Marketwire - April 17, 2008) - Admiral Bay Resources Inc. (TSX VENTURE:ADB) ("Admiral Bay" or the "Company") is pleased to announce that the Company currently has gross sales of approximately 3.0 MMCFGPD from all three producing projects in Kansas. Based on present production and present realized prices above $9.00 per MCF the Company is cash flow positive.

In the Mound Valley project, a new compressor and dehydration unit put in place has increased sales by 30% to over 1000 MCFGPD in the past week. Producing rates have been as high as 1400 MCFGPD. Currently production is curtailed at 800 MCFGPD as adjustments are made to the new facilities. As the field pressures are drawn down, the field has experienced higher water production. As this water production decreases, gas production will increase. The project has seen an increase of over 300% of gross sales since January of 2008. The upgraded facilities were needed due to the Company's successful recompletion program in the Mulky Summit. To date, the Company has recompleted 25 wells in the Mulky Summit with average IP of 28 MCFGPD. The Company has a 100% working interest interesting over 28,000 net acres in the Mound Valley project. There are 11 additional wells awaiting completion and over 300 potential drilling locations.

With the success of the program in Mound Valley, the Company has begun a similar program in its Shiloh Project. The Company to date has recompleted six wells in the Mulky Summit with IP's ranging from 5 to 40 MCFGPD. The Company could have as many as 105 additional wells in the Shiloh Project that could be recompleted in the Mulky Summit in the future.

Admiral Bay also announces that Vern Swanson, one of the Company's current Directors, has been appointed Corporate Secretary, replacing Curt Huber. Mr. Huber has resigned his position of Corporate Secretary and V.P. Corporate Development in order to pursue other personal commitments, but will remain a consultant to the Company. For investors/shareholders requiring information on the Company, please contact our Denver office at 303-350-1255 or info@admiralbay.com.

Admiral Bay Resources Inc. (www.admiralbay.com) is an emerging unconventional gas production company focused on the development of projects in the Cherokee Basin in southeast Kansas and the Appalachian Basin in Pennsylvania. Admiral Bay is listed on the TSX Venture Exchange under the symbol ADB.

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".

The TSX Venture Exchange does not accept responsibility for the adequacy of this release.

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