SOURCE: Energy Exploration International, Inc.

May 15, 2008 11:24 ET

Energy Exploration International Announces the Harlan #1 Well (Sklar #2) Is Online

DALLAS, TX--(Marketwire - May 15, 2008) - Energy Exploration International, Inc. ("EEI") and PetroQuest Exploration Inc. are pleased to announce that the EEI PetroQuest Harlan #1 well, from the Sklar #2 Project, is now hooked up and online, producing oil and gas as of May 1, 2008.

Our operator, Mission River, is very pleased with how the well is performing. This well came in as a gas well initially but is expected to go more to oil as it produces. It is starting to see a little more condensate each day while maintaining a good ftp. Mission River says it may take up to 90 days for the well to clean up to realize its full potential.

Mission River has added that the gas is very clean and the oil that is being produced is of a high quality (Sweet Texas Crude), which means both can command a premium price at market.

Energy Exploration International Inc. is an energy exploration and development company based in Dallas, Texas, USA: http://www.eei-inc.com/.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Energy Exploration International, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. If any investor has questions or knowledge of information that causes him or her concern, please feel free to contact Energy Exploration International, Inc.

Contact Information

  • For further information, please contact
    Curtis Best
    President
    +1 214 570-0280
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