LongBow Energy Corp.
TSX VENTURE : LBV

LongBow Energy Corp.

March 21, 2005 09:00 ET

LongBow Energy Corp. Purchases Additional Lands


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: LONGBOW ENERGY CORP.

TSX VENTURE SYMBOL: LBV

MARCH 21, 2005 - 09:00 ET

LongBow Energy Corp. Purchases Additional Lands

CALGARY, ALBERTA--(CCNMatthews - March 21, 2005) - LongBow Energy Corp.
(TSX VENTURE:LBV) ("LongBow" or the "Company") announces the company's
participation in recent Alberta land sales. Together with its partners,
LongBow purchased P&NG rights on 9 sections of land in the Cold Lake
area. LongBow has a 20% working interest in the newly purchased sections
and up to 20% working interest in five other wells now on production in
the Cold Lake area. Drilling is expected to commence on the new lands
after a full review of seismic and geological information.

The company's second of two wells in the Leahurst area has recently been
fracture stimulated and completed. The well is expected to be tied into
an existing pipeline. LongBow holds a 30% interest in the Leahurst wells.

In other matters, a former senior officer and a former consultant of
LongBow have agreed to cancel an aggregate of 450,000 share options. The
options had an exercise price of $0.25 and a final expiration date of
June 15, 2009.

LongBow is a junior oil and natural gas company based in Calgary,
Alberta with core natural gas properties located in Alberta at Cold
Lake, Leahurst, Tofield and Watts Lake.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    LongBow Energy Corp.
    Tamara Yourth
    (403) 264-4722
    (403) 269-5518 (FAX)
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this press release.