Curlew Lake Resources Inc.

Curlew Lake Resources Inc.

November 21, 2007 09:15 ET

Curlew Lake Resource Inc. Signs Oil Project Participation and Joint Operating Agreement-Drilling Has Commenced

LANGLEY, BRITISH COLUMBIA--(Marketwire - Nov. 21, 2007) - Curlew Lake Resources (TSX VENTURE:CWQ) (PINK SHEETS:CWLXF) is pleased to announce its participation in the PROPEL MINARD HZ 3D3-23-3A13-14-6-7W2M Horizontal Oil Well in the Minard area of Saskatchewan. The well will test the Frobisher formation at a depth of approximately 1300 metres, with an estimated 520 metre open hole lateral section in the pay zone. Drilling commenced November 20, 2007 and is expected to take about 10 days to complete.

Under the terms of a signed Participation and Joint Operating Agreement with Propel Energy Corp. of Calgary; Curlew Lake agreed to pay 30 percent of the cost of drilling and completing the well for production to earn a 25 percent working interest in any subsequent production. Initial production from numerous successful wells of this type in the Minard area has been in the 120 to 150 barrel per day range. With success on this well, we anticipate participating in several more wells of this type with Propel Energy.

Curlew Lake and Propel Energy are also joint venture partners in the Metis project north of Edmonton in Alberta, which has been held up while our operating partner, Metis Moccasin Resources Ltd. negotiates land access issues.

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On Behalf of the Board of Directors

Robert B. Pincombe, President

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

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