MBA Resources Corp.
TSX VENTURE : MBA

MBA Resources Corp.

April 11, 2006 18:34 ET

MBA Mobilizes Workover Rig at Gordon Creek, Utah

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 11, 2006) - MBA Resources Corp (TSX VENTURE:MBA) announced today that Wilding Energy Services of Blanding, Utah has been contracted to conduct Phase I of a workover program at the Company's newly acquired Gordon Creek, natural gas field. The initial program, which will involve one producing well and one of the currently shut in wells, will commence as soon as the workover rig can be mobilized and rigged up.

The Gordon Creek field comprises 5,953 gross acres (4,879 net acres) with three gas wells currently producing approximately 20 million cubic feet of natural gas per month from the Ferron Sandstones. The project also includes five shut in wells, 3 of which have previously produced and an associated gas gathering system consisting of 6 miles of pipeline and a scaleable compression facility that services the project as well as adjacent production. Gas is marketed into a transmission pipeline operated by Questar Gas Resources that crosses the project acreage.

The Gordon Creek project is an extension of the very successful Drunkards Wash field originally developed by River Gas Corp. and presently operated by Conoco/Phillips. Drunkards Wash currently produces approximately 4Bcf of natural gas per month from wells completed in both the Ferron Sandstone and Ferron coals over a project area of approximately 65,000 acres. Steven Prince, who will oversee the Gordon Creek work programs, previously served as Operations Manager on the Drunkards Wash Project for River Gas and was involved in drilling, completion and production operations for over 200 wells in the field.

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

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