Monarch Energy Limited

Monarch Energy Limited

February 25, 2008 19:39 ET

Monarch Energy Elaborates on Status of North Sea UK Well 15/18a-12

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2008) - Monarch Energy Limited (TSX VENTURE:MNL)(FRANKFURT:EIY) -

Further to the news release issued this morning the Company wishes to point out that under the terms and conditions of the farmout agreement entered into with Petro-Canada UK Limited the 15/18a-12 well was intended to be drilled, logged, tested, and plugged and abandoned. The plugging and abandonment of successful exploration/appraisal wells is common practice in the North Sea.

Preliminary interpretation of logs indicates that a 60 foot hydrocarbon column was encountered in the targeted Lower Forties reservoir, of which 45 feet is interpreted as oil pay and 15 feet is interpreted as gas pay. Reservoir sands are described as excellent quality. A modular formation dynamics testing tool ("MDT") provided samples of both oil and gas in the Lower Forties. The oil/water contact in the 15/18a-12 well appears to be the same as the contact established in the 15/18a-8 well drilled one kilometer away to the south-east, thereby establishing one continuous pool. The Company will integrate well information into geological and geophysical models to determine future operations and commerciality.

As a result of Monarch paying 11.11% of the cost to drill, log, test and plug and abandon the well, the Company has earned an 8.33% interest in block 15/18a which includes a fallow Jurassic discovery that tested 6,650 barrels of oil per day (BOPD) and 10,000 MCF of gas per day.


Michael Turko, President and CEO

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

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