June 01, 2005 16:25 ET

Arapahoe Energy Corporation Appoints Chief Financial Officer

CALGARY, ALBERTA--(CCNMatthews - June 1, 2005) - Arapahoe Energy Corporation (TSX VENTURE:AAO) (the "Corporation") is pleased to announce that Brenda Stanger, C.M.A., has been appointed Chief Financial Officer ("CFO") of the Corporation.

Ms. Stanger is a Certified Management Accountant with over 20 years of experience working with companies in multiple economic sectors. For the past 20 years, Brenda has been the President of Wolfwind Ventures Inc., a private company offering consulting services in the field of Finance, Accounting, Corporate Governance and Corporate Structure to public and private corporations. She has held the position of Director, Chief Executive Officer, Chief Financial Officer and Vice President Finance in various market sectors in both private and public companies.

The Corporation is a publicly traded junior oil and natural gas exploration company with its shares listed on the TSX Venture Exchange under the trading symbol "AAO". Arapahoe's primary area of exploration focus is the Alberta Foothills specifically on the Tsuu T'ina First Nation immediately west of the City of Calgary.

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

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