SOURCE: Barnabus Energy, Inc.

September 20, 2005 12:49 ET

Barnabus Energy Updates Planned Alberta Asset Evaluation

CARLSBAD, CA -- (MARKET WIRE) -- September 20, 2005 -- Barnabus Energy, Inc. (OTC BB: BBSE) today announced it has entered into a research agreement with the worldwide petroleum consultancy of DeGolyer and McNaughton of Dallas, Texas. The contract allows for the development of a comprehensive, 3rd party reserve engineering report on the Manyberries lands, specifically those asset interests currently held by the Company within that region.

Management looks forward to working closely throughout the Company's development phase with a firm of the caliber of DeGolyer and McNaughton as we strive to accurately represent and provide to the regulatory agencies and our many stakeholders timely, high-quality disclosure.

Newly appointed President David Saltman stated, "New management brings change, and with it a desire to ensure a seamless transition that identifies the commitment of our team, the overall strength of our assets and validation of our data. We have determined that DeGolyer and McNaughton are a company that exemplifies and reflects our own core values. Their commitment to knowledge and integrity combined with their enviable record of accomplishment is unmistakable. We can only benefit from the expertise they will bring to us and we look forward to the entire process."

Further information will be provided as available.

ABOUT THE COMPANY

Barnabus Energy, Inc. (BBSE) is committed to the development of a diversified energy project portfolio. The Company is currently acquiring commercially viable projects in both conventional and renewable energy sectors. Management has closely aligned itself with key strategic partnerships that will move the Company forward towards future acquisitions and growth. The company's model is a focused approach to the exploitation of targeted, low-risk development opportunities.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Barnabus Energy, Inc. has little or no control.

ON BEHALF OF THE BOARD

Barnabus Energy, Inc.

David P. Saltman, President

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