Alder Resources Ltd.
TSX VENTURE : ALR

July 15, 2008 13:18 ET

Alder Resources Ltd.: West Virginia Wells Have Commenced Production

TORONTO, ONTARIO--(Marketwire - July 15, 2008) - Alder Resources Ltd. (the "Company") (TSX VENTURE:ALR) reported, in its Release dated April 17, 2008, on the status of the seven West Virginia natural gas wells in which the Company has earned interests. The Operator has now advised that all of the wells have been successfully drilled and completed and are waiting on pipeline connections. Two of the wells have commenced production as follows:



Well No. Status
-------- --------

Blue Jacket: Commenced producing into pipeline June 27, 2008.
257 Current volume approximately 100,000 cubic feet per day.

Amber Bank: Commenced producing into pipeline May 26, 2008.
267 Current volume approximately 110,000 cubic feet per day.


ALDER RESOURCES LTD.

Bruce Ford, President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.

Contact Information

  • Alder Resources Ltd.
    Bruce Ford
    President
    (416) 362-8110
    (416) 362-8121 (FAX)