Powder River Basin Gas Corp.
OTC Bulletin Board : PRVB

Powder River Basin Gas Corp.

January 19, 2006 07:00 ET

Powder River CEO Featured by EricDavid & Sons, Inc. Company Evaluated as an 'Aggressive Buy'

CALGARY, ALBERTA--(CCNMatthews - Jan. 19, 2006) - Powder River Basin Gas Corp. (OTCBB:PRVB), a revenue generating producer and acquirer of crude oil and natural gas properties, today announced that the Company CEO Brian Fox was recently interviewed by Plainsboro, NJ based EricDavid & Sons, Inc, a research firm dedicated to evaluating and incubating micro-cap corporations possessing significant growth potential.

Steve Weiss, Senior Analyst for EricDavid & Sons, stated, "This begins our second year of coverage on Powder River Basin Gas Corp. and although shares are up some 200% since our initial coverage in February 2005, we continue to feel that current earnings represent a significant undervalued share price. This, and expected future earnings represent a tremendous investment opportunity for investors interested in both short and long term growth. The value is apparent, not only in the Company's investments but in management's superior ability to attract outside investors. This includes a group of Asian investors who recently committed to help fund new purchases and development properties, and in turn receive a working percentage in such projects. Here at EricDavid & Sons, we feel that the bottom line is that domestic oil is the key to the future of the United States, and with oil prices steadily climbing above $60 a barrel, the future profits for Powder River Basin Gas Corp. could be well above Company expectations."

To read the text of this interview, visit www.ericdavid.com/newsletter/mailer/prvb011606.html.

Powder River Basin Gas Corp. is active in production and acquisition 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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