SOURCE: Aspen Exploration Corporation

March 20, 2007 13:00 ET

ASPEN'S President and CEO Interviewed by Leading Online Financial Portal

DENVER, CO -- (MARKET WIRE) -- March 20, 2007 -- Aspen Exploration Corporation (OTCBB: ASPN) announced today that its President and CEO, Robert A. Cohan, has recently been interviewed by CEOCFOinterviews.com, a leading online financial portal. A written version of the CEOCFOinterviews.com interview is available on CEOCFOinterviews.com's website, www.ceocfointerviews.com, at the following link: http://ceocfointerviewsaspenexplorationcorpceo.com/. There is also a direct link to Aspen's website on this link. There is a link on Aspen's website that will take you directly to this interview.

The interview focused on Aspen's operations in the Sacramento Valley of northern California.

Aspen is a junior exploration and production company with its principal focus on natural gas. For more information concerning oil and gas operations contact Bob Cohan, President and CEO, in Aspen's Bakersfield office at (661) 831-4669. The Company highly recommends that you review its disclosures, risk statements, previous press releases, and reports filed with the SEC found at its website: www.aspenexploration.com.

Forward-Looking Statements and Disclosure of Risk

The future conduct of Aspen's business and its response to issues raised by third parties are dependent upon a number of factors, and there can be no assurance that Aspen will be able to conduct its operations as contemplated. Certain statements contained in this release and in Mr. Cohan's interview with CEOCFOinterviews.com, using the terms "may," "expects to," "projects," "estimates," "plans," and other terms denoting future possibilities, are forward-looking statements in accordance with the Private Securities Litigation Reform Act of 1995. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks that are beyond Aspen's ability to predict or control and which may cause actual results to differ materially from the projections or estimates contained herein. These risks include, but are not limited to, the risks described in the above press release, those risks set out in Aspen's disclosure documents and its annual, quarterly and current reports, and the other risks associated with start-up mineral exploration operations with insufficient liquidity, negative working capital, and no historical profitability. Aspen disclaims any obligation to update any forward-looking statement made herein.

ASPEN EXPLORATION CORPORATION
2050 S. Oneida St., Ste. 208
Denver, CO 80224-2426
Telephone: (303) 639-9860
Fax: (303) 639-9863
Email: aecorp2@qwest.net
Web Site: www.aspenexploration.com

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