Highview Resources Ltd.

Highview Resources Ltd.

February 28, 2005 14:38 ET

Highview Accelerates its Winter Exploration Program and Completes Reserve Filings


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: HIGHVIEW RESOURCES LTD.

TSX VENTURE SYMBOL: HVW

FEBRUARY 28, 2005 - 14:38 ET

Highview Accelerates its Winter Exploration Program
and Completes Reserve Filings

CALGARY, ALBERTA--(CCNMatthews - Feb. 28, 2005) - Highview Resources
Ltd. (TSX VENTURE:HVW) is pleased to announce that it has significantly
accelerated its exploration and development program subsequent to the
Arctos transaction previously announced on February 4, 2005.

The first project is the construction of a battery at Alexander, to
tie-in a dual zone Wabamun and Ellerslie oil well. The well, in which
Highview owns 40% working interest, was flow tested at significant oil
production rates and is estimated to commence production at 350 Bopd.
Production should commence within two weeks and will bring Highview's
production to approximately 340 Bopd.

In addition, a new gas well, Highview's working interest 15%, has been
drilled at Newton and is cased and awaiting completion.

Highview plans to drill seven wells with an average working interest of
30% prior to break-up on various prospects in central Alberta.

The Company has filed on SEDAR forms 51-101, F1, F2 and F3 which
includes the annual filing of reserve data and additional information in
regard to the business acquisition report filed on January 14, 2005.

Highview trades on the TSX Venture Exchange under the symbol "HVW".
Highview is a junior oil and gas company focused on the acquisition,
exploration, exploitation and development of oil and natural gas in
western Canada. Highview's business plan is to grow reserves and
production to increase shareholder value through a focused exploration
program, strategic acquisitions and controlled exploitation.

Forward-looking statements - statements included in this press release
that are not historical facts may be considered "forward-looking
statements." All estimates and statements that describe the Company's
objectives, goals or future plans are forward- looking statements.
Forward-looking statements involve inherent risks and uncertainties
where actual results could differ materially from those currently
anticipated.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    HIGHVIEW RESOURCES LTD.
    John H. Cassels
    President & CEO
    (403) 261-9978
    (403) 261-4072 (FAX)
    or
    HIGHVIEW RESOURCES LTD.
    Robert W. Lamond
    Chairman
    (403) 269-9889
    (403) 269-9890 (FAX)
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.