SOURCE: LiteWave Corp.

February 13, 2006 08:30 ET

LiteWave Commences Production on First Five of Fifteen Shallow Natural Gas Wells in Bourbon County, Kansas

LOS ANGELES, CA -- (MARKET WIRE) -- February 13, 2006 -- LiteWave Corp. (OTC BB: LTWV) is pleased to announce that it has completed the initial stage of installing a gathering system from its leasehold properties in Bourbon County, Kansas, to connect gas production from the first five of fifteen drilled gas wells, being delivered via Bourbon County Pipeline LLC. for delivery into the main natural gas transmission pipeline.

Gas flow has commenced on the first five wells, with plans to bring five additional wells on line within the next thirty days, and a further five wells to be tied in within a month thereafter. The Company has constructed some eleven miles of gathering system to service the wells, which are situated on 3,124 acres of leasehold property.

LiteWave is continuing its acquisition of leasehold acreage in the region, and expects to commit to additional wells over the next few months, with up to thirty targets having been identified. The Company is also reviewing other oil and gas acquisition opportunities within the United States and Europe.

This area in Kansas is presently undergoing rapid development of coalbed methane by companies such as Evergreen, Berry Petroleum, Suncor Energy, Meritage and Heartland. The area is located close to strong gas markets in Eastern Kansas and Western Missouri.

About LiteWave

LiteWave (OTC BB: LTWV) is a oil and gas company that is focusing its current efforts on the development of natural gas prospects in the United States and Europe.

Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by LiteWave Corp.) contains statements that are forward looking, such as statements related to the future anticipated direction of the oil and gas industry, plans for future expansion, various property development activities, planned capital expenditures, future funding resources, anticipated production and reserves growth. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.

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