Powder River Basin Gas Corp.
OTC Bulletin Board : PRVB

Powder River Basin Gas Corp.

March 29, 2006 07:00 ET

Powder River CEO Featured by EricDavid & Sons, Inc.

CALGARY, ALBERTA--(CCNMatthews - March 29, 2006) - Powder River Basin Gas Corp. (OTCBB:PRVB), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced that company CEO Brian Fox was recently interviewed by EricDavid & Sons, Inc., in Plainsboro, NJ. EricDavid & Sons, Inc. is a research firm dedicated to evaluating and incubating unique micro-cap Corporations who they believe to have undervalued share prices based on current information and who they anticipate to have significant growth potential.

Steve Weiss, Senior Analyst for EricDavid & Sons stated, "This is our second interview we have done with CEO Brian Fox this year. Powder River Basin Gas Corp. has achieved some major milestones in the last year, and since our initial coverage in February 2005, share price has increased over 270%. Here at EricDavid & Sons, we feel that current earnings and projections for 2006 represent a significant undervalued share price."

Mr. Weiss also added, "The value here is apparent. This is demonstrated not just in the Company's investments, but also in management's ability to attract outside investors, including a group of Asian investors who committed to assist in funding purchases and development projects, and in turn receive a working percentage. We believe with the continued rising domestic oil prices, Powder River Basin Gas Corp. could profit beyond the Company's current expectations."

To read the text of this interview, visit: www.ericdavid.com/newsletter/mailer/prvb032306.html.

In other Powder River news, on the Weesatche project in Goliad County, Texas, gas production increased to 1300 mcf per day on the JP Green #1 Well. This figure is as of March 27, 2006.

Powder River Basin Gas Corp. is active in production, acquisition, and marketing of crude oil and natural gas properties.

Powder River Basin Gas Corp. trades on the OTCBB under the symbol PRVB.

This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.


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