Boulder Mining Corporation
TSX VENTURE : BDR

Boulder Mining Corporation
Opal Energy Corp.

Opal Energy Corp.

January 08, 2007 19:36 ET

Boulder Mining Corporation: Name Changed to Opal Energy Corp-Effective Now

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 8, 2007) - The name of the Corporation has been changed from Boulder Mining Corporation (TSX VENTURE:BDR) to Opal Energy Corp and the stock trading symbol will be changed to OPA on the TSX Venture Exchange, effective at the open of market on Tuesday, January 9, 2007.

There has been no consolidation of the number of shares outstanding and therefore one share of Boulder Mining Corporation will be converted into one share of Opal Energy Corp.

Opal Energy

Opal Energy Corp, through its U.S. subsidiary Opal Energy Inc., offers an aggressive, disciplined and results-oriented vehicle to invest in the U.S. Exploration and Production "E&P" sector with a particular focus on natural gas exploration targets in South Texas. The business strategy is to build asset value through drilling, growing a production platform upon which will be superimposed high value exploration opportunities. Drilling inventory will be continuously enhanced by the implementation of a series of proprietary 3-D seismic shoots. Opal is securing funding partners for an initial US$16 million South Texas exploration package that calls for drilling 10 wells and completing a 75 sq. mi. seismic shoot over the next 9 to 12 months. The goal of the seismic shoot is to uncover dozens of new high-quality drilling prospects starting in Q3-2007.

On behalf of the Board of Directors

Opal Energy Corp

Ronald E. Oligney, CEO and Director

John H. McAdam, President and Director

This release includes certain statements that may be deemed forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, production activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, production and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Opal does not assume a duty to update these forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com.

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

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