Infiniti Resources International Ltd.

Infiniti Resources International Ltd.

March 17, 2005 07:40 ET

Infiniti Resources Cases Another Deep Well At Ricinus


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: INFINITI RESOURCES INTERNATIONAL LTD.

TSX VENTURE SYMBOL: IRL

MARCH 17, 2005 - 07:40 ET

Infiniti Resources Cases Another Deep Well At Ricinus

CALGARY, ALBERTA--(CCNMatthews - March 17, 2005) - Infiniti Resources
International Ltd. (TSX VENTURE:IRL) has cased another deep well at
Ricinus in the Alberta foothills west of Calgary.

The 16-11-35-8W5M well (Infiniti 8.8% interest) has been cased to a
depth of approximately 3,000 metres and planning has begun to complete
one or more potential deep gas zones. Open-hole wireline logs were not
run prior to casing the well.

With a successful completion, the 16-11 well would be the sixth
consecutive producer in this Ricinus drilling/recompletion program and
the fourth in which Infiniti has participated.

The nearby 11-13-35-8W5M well (Infiniti 8.8% interest) cased in February
2005 has now been completed in two deep gas zones and preparations are
underway to tie into the gathering system approximately one mile away.

Follow-up Drilling

A follow-up drilling location has been licenced at 13-12-35-8W5M, on
Infiniti 8.8% interest lands.

Drilling at Ricinus through the balance of 2005 and into 2006 has the
potential to double Infiniti's production from current levels estimated
at 125 to 130 BOE/d. The Company holds interests ranging from 5.2% to
20.9% in 33 sections at Ricinus.

Infiniti Resources International Ltd. is an emerging Canadian
exploration and production company focused on creating profitable growth
through deeper, higher-impact projects in Western Canada. Infiniti
trades on the TSX Venture Exchange under the symbol "IRL".

The Infiniti's public disclosure is available on SEDAR at www.sedar.com.
Supplemental information may be found at www.infiniti-resources.com.

Forward-looking and estimated information is included in the foregoing.
While considered reasonable by Infiniti at the time, such
forward-looking and estimated information may be incorrect, and future
events and results may differ materially from forward-looking
information.
WARNING: Infiniti relies on litigation protection for forward-looking
statements.

A barrel of oil equivalent (BOE) is derived by converting natural gas to
oil in the ratio of six thousand cubic feet of natural gas to one barrel
of oil equivalent. One thousand standard cubic feet of gas equivalent
(MCFe) is the reverse conversion of oil and natural gas liquids to
natural gas in the ratio of one barrel of oil or natural gas liquids to
six thousand cubic feet of natural gas equivalent. A BOE or MCFe
conversion may be misleading, particularly if used in isolation, as it
is based on an energy equivalency conversion method primarily applicable
at the burner tip and may not represent a value equivalency at the
wellhead.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Infiniti Resources International Ltd.
    Gordon D. Holden
    President & CEO
    (403) 216-7781
    (403) 216-5826 (FAX)
    info@infiniti-resources.com
    www.infiniti-resources.com
    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein.