Eaglewood Energy Inc.
TSX VENTURE : EWD

Eaglewood Energy Inc.

October 10, 2008 14:14 ET

Eaglewood Energy Inc.: Filing of Annual Information Form, Financial Statements and Withdrawal of Preliminary Prospectus

CALGARY, ALBERTA--(Marketwire - Oct. 10, 2008) - Eaglewood Energy Inc. ("Eaglewood") (TSX VENTURE:EWD) is pleased to announce the filing of its annual information form for the year ended June 30, 2008. This annual information form includes Eaglewood's oil and gas information for the year ended June 30, 2008 together with the report of management and directors on oil and gas disclosure on Form 51-101F3, as required under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. Additionally, Eaglewood has filed its audited annual financial statements for the year ended June 30, 2008.

Copies of Eaglewood's annual information form for the year ended June 30, 2008 and audited annual financial statements for the year ended June 30, 2008 may be obtained from www.sedar.com.

Eaglewood further announces that it will not continue with the short form prospectus offering previously announced in a press release dated July 15, 2008 due to market conditions.

No regulatory authority has approved or disapproved the content of this release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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