Bordeaux Energy Inc.

Bordeaux Energy Inc.

March 27, 2008 13:20 ET

Bordeaux Energy Inc.: Kupcake-1 Exploratory Well Commences Drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 27, 2008) -


Bordeaux Energy Inc. ("Bordeaux" or the "Company") (TSX VENTURE:BDO) and its joint venture participant Savant Alaska LLC ("Savant") are pleased to announce the Kupcake-1 well located on the North Slope of Alaska commenced drilling on March 26th, 2008.

Under its previously announced agreement with Savant, on drilling the Kupcake-1 well Bordeaux will earn a 30% undivided interest in seven leases (the "Leases") currently held by Savant, located on and offshore the North Slope of Alaska. The Leases are situated 20km from the 13.6 billion barrel Prudhoe Bay oil field and immediately adjacent to the 100 million barrel Liberty Field operated by BP but not yet in production.

Bordeaux anticipates drilling of the Kupcake-1 exploratory well (the "Exploratory Well") will take approximately 30 days to reach its target depth of 3350 metres. The well is expected to cost a total of approximately US$14 million to drill and log, of which Bordeaux's share is currently estimated to be US$5.6 million.

Forward-Looking Statements:

Certain statements contained in this press release are not based on historical facts and may constitute forward-looking statements or forward-looking information within the meaning of applicable law. These statements appear in a number of different places herein and can be identified by words such as "will", "anticipates", "expects", "intends", or other comparable words. Forward-looking statements and other statements are subject to risk, uncertainties, and other factors, that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements or information. See the Company's filings with the Canadian securities commissions for additional information on risks and uncertainties relating to the forward-looking statements and other information. Many of these factors are beyond the control of the Company. Consequently, all forward-looking statements and information made herein, are qualified by this cautionary statement. The Company disclaims any intention or obligation to revise or update such statements or information except as may be required by law.


Geoff Carrington, President & CEO

This release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction. The common shares and the other securities referred to herein have not been registered under the United States Securities Act of 1933, as amended, and they may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Shares Outstanding: 151,279,112

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

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