Exceed Energy Inc.

Exceed Energy Inc.

November 29, 2006 12:37 ET

Exceed Energy Updates Certain Certificates and MD&A

CALGARY, ALBERTA--(CCNMatthews - Nov. 29, 2006) - Exceed Energy Inc. (TSX VENTURE:EX.A) (TSX VENTURE:EX.B) (the "Corporation" or the "Company") has re-filed its 2005 Annual Management's Discussion and Analysis as well as the Company's 52-109F1&F2 CEO and CFO Certificates filed subsequent to year end 2005. The revisions to the MD&A reflect minor modifications to terminology employed, presentation and formatting, elaboration on certain 2004 to 2005 comparisons, statements specifying management's disclosure assurances, and added disclosure. No changes were made to any of the figures disclosed therein, nor were any of the changes deemed material by the Company. The re-filed documents are available for viewing at www.sedar.com.

Forward Looking Statements

This press release may contain forward-looking statements including expectations of future production, cash flow and earnings. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ from those anticipated. These risks include, but are not limited to: the risks associated with the oil and gas industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projects relating to production, costs and expenses, and health, safety and environmental risks), commodity price, price and exchange rate fluctuation and uncertainties resulting from the potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Additional information on these and other factors that could affect Exceed's operations or financial results are included in Exceed's reports on file with Canadian securities regulatory authorities that may be accessed at www.sedar.com or through the Company's website, www.exceedenergy.com.

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

Contact Information

  • Exceed Energy Inc.
    Richard Wolfli
    President & CEO
    (403) 508-1853
    (403) 508-1781 (FAX)
    Website: www.exceedenergy.com