Midnight Oil Exploration Ltd.

Midnight Oil Exploration Ltd.

March 30, 2005 15:35 ET

Midnight Oil Exploration Ltd. Files Its 2004 Year End Disclosure Documents


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MIDNIGHT OIL EXPLORATION LTD.

TSX SYMBOL: MOX

MARCH 30, 2005 - 15:35 ET

Midnight Oil Exploration Ltd. Files Its 2004 Year End
Disclosure Documents

CALGARY, ALBERTA--(CCNMatthews - March 30, 2005) - Midnight Oil
Exploration Ltd. (TSX:MOX) ("Midnight") filed its audited financial
statements and accompanying notes for the period ended December 31, 2004
and related Management's Discussion and Analysis with Canadian
securities regulatory authorities. Midnight has also filed its Initial
Annual Information Form which includes Midnight's reserves data and
other oil and gas information for the period ended December 31, 2004 as
mandated by National Instrument 51-101 Standards of Disclosure for Oil
and Gas Activities of the Canadian Securities Administrators. Copies of
Midnight's 2004 year end disclosure documents may be obtained on
www.sedar.com. or on the Company's web site, www.midnightoil.ca, or by
emailing the Company at info@midnightoil.ca.

Midnight is a publicly listed junior oil and gas exploration company
focused primarily on sweet gas opportunities in two multi-zone high
potential areas - Peace River Arch and West Central Alberta. Midnight
focuses a select group of high end professionals as a competitive edge
in these two technically demanding areas of operation. Our investment
strategy is based on a risk balanced portfolio of high potential
exploration, selected high return exploitation and strategic
acquisitions to deliver above average results to Midnight shareholders.
Midnight's shares trade on the TSX under the symbol "MOX".

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Midnight Oil Exploration Ltd.
    Fred Woods
    President & CEO
    (403) 303-8505
    (403) 264-0085 (FAX)
    Email: fwoods@midnightoil.ca
    or
    Midnight Oil Exploration Ltd.
    Judy Stripling
    Vice President, Finance and CFO
    (403) 303-8502
    (403) 264-0085 (FAX)
    Email: jstripling@midnightoil.ca
    Website: www.midnighttoil.ca