Curlew Lake Resources Inc.

Curlew Lake Resources Inc.

December 15, 2010 09:15 ET

Curlew Lake Resources Inc. Announces Preparations Are Underway to Drill Another Well in Fairydell

LANGLEY, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2010) - Curlew Lake Resources Inc. (the "Company") (TSX VENTURE:CWQ)(PINK SHEETS:CWLXF) announces preparations are underway to drill another well on Company lands in the Fairydell-Bon Accord area of Alberta. Company petroleum and natural gas leases in this area present multiple horizon opportunities for oil and/or gas development, following encountering gas in the Ellerslie and Upper Manville at Curlew-Lake FBA 2-16-57-24. Seismic and geological mapping has yielded one seismic shot point location in LSD 9 of Section 14 in Twp. 57, Rge 24 W4M and the site has been surveyed and is being licenses as a New Pool Wildcat oil and/or gas well. There are a number of operators with pipelines in the area and Fairydell Bon Accord infrastructure will keep production and delivery cost modest. The area has seen a number of impressive discoveries in the Ellerslie and/or Basel Quart formations to the south and east of the proposed well. It is expected that drilling will commence in early January, 2011.

Proposed 3-D geophysical surveys, together with sonic logs from the 2-16 exploration hole, may greatly enhance the value of Curlew lake's significant land package in this area. Confirmation of the Leduc reef at 2-16 provides our exploration team with the data to move updip in the geological column in pursuit of Leduc and Nisku oil and other potentially productive formations.

Additional information on Fairydell and many other Company projects can be found on the corporate website.

On behalf of the Board of Directors

Robert B. Pincombe, President

Warning: The Company relies on litigation protection for "forward looking" statements. Actual results could differ materially from those described in the news release a result of numerous factors, some of which are outside the control of the Company.

For additional information or to be added to the corporate mailing list please visit the following page

The TSX has not reviewed and does not does accept responsibility for the adequacy or accuracy of this News Release.

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