Excelsior Energy Limited

Excelsior Energy Limited

March 30, 2007 10:36 ET

Excelsior Engages DeGolyer and MacNaughton to Prepare NI 51-101 Compliant Report on the Hangingstone Heavy Oil Project, Athabasca Oils Sands Area

CALGARY, ALBERTA--(CCNMatthews - March 30, 2007) - Excelsior Energy Limited. (CNQ:EXEL) ("Excelsior") is pleased to announce that DeGolyer and MacNaughton has been engaged to prepare an NI 51-101 compliant evaluation on Excelsior's Hangingstone property, near Fort McMurray, Alberta.

The evaluation report is expected to be completed by April 27, 2007.

Contact Information