Opal Energy Corp.

Opal Energy Corp.

April 13, 2007 13:26 ET

Opal Energy Corp: Karen Jacobson Appointed Senior Geophysicist

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 13, 2007) -


Opal Energy Corp (the "Company") (TSX VENTURE:OPA) is very pleased to report that Karen Jacobson, B.Sc. has been appointed to the position of Senior Geophysicist for Opal Energy Inc. in Katy, Texas. Ms. Jacobson has a wealth of experience in Texas oil and gas and has a 20 year association with Amoco Production Company. Her last position with Amoco was Exploration Manager where she directed exploration efforts in the Texas Gulf Coast. Most recently Ms. Jacobson held the position of Director with Scotia Waterous where she executed divestiture programs for asset packages located in Texas, the Gulf of Mexico and elsewhere in the US and the world.

Mr. Ron Oligney, CEO, says, "We are delighted to welcome Karen Jacobson on board. Talented, experienced and enthusiastic people are what will make Opal a success, and Karen has these attributes in spades. Her strong technical background in Texas Gulf Coast exploration means that she will hit the road running and make an immediate contribution to the Opal's wealth building strategy."

It is further reported that grants have been made pursuant to the Company's Stock Option Plan to purchase an aggregate of 2.95 million shares subject to regulatory approval. The holders of the options may purchase their allocated number of common shares of Opal at prices varying between $0.20 and $0.25 per share on or before April 13, 2012. The options are subject to a vesting schedule and any shares acquired pursuant to the option agreements may not be sold within 4 months of granting.

Opal Energy

Opal Energy Corp, through its U.S. subsidiary Opal Energy Inc., offers an aggressive, disciplined and results-oriented vehicle to invest in the U.S. Exploration and Production "E&P" sector with a particular focus on natural gas exploration targets in South Texas. The business strategy is to build asset value through drilling, growing a production platform upon which will be superimposed some potential high value exploration opportunities. Drilling inventory will be continuously enhanced by the implementation of a series of proprietary 3-D seismic shoots.

On behalf of the Board of Directors

Opal Energy Corp

Ronald E Oligney, CEO and Director

John H. McAdam, President and Director

This release includes certain statements that may be deemed forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, production activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, production and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Opal does not assume a duty to update these forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com.

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

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