Gulf Shores Resources Ltd.
TSX VENTURE : GUL
FRANKFURT : GFU

Gulf Shores Resources Ltd.

August 04, 2011 09:00 ET

Gulf Shores Acquires Southeast Saskatchewan Acreage

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 4, 2011) - Gulf Shores Resources Ltd. (TSX VENTURE:GUL)(FRANKFURT:GFU) (Gulf) has entered into an agreement with a private arm's length Saskatchewan Company whereby Gulf will pay 60% of the cost of drilling, completing and equipping a vertical Bakken oil well to earn a 39% working interest in 160 acres in the Wapella area of southeast Saskatchewan. Gulf will pay 39% of the drilling, completion and equipping costs of an additional 3 vertical Bakken oil wells on the 160 acres to earn a 39% working interest in each well. Gulf also earns the right to participate on the same basis on an adjacent 320 acres.

The acreage is centered on a seismically defined structure located one mile from existing Bakken oil production.

The first well is expected to be drilled this month.

ON BEHALF OF THE BOARD

Michael Turko, President & CEO

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

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