SOURCE: Stonebridge Resources Exploration, Ltd.

September 24, 2007 09:15 ET

SBRX Begins Initial Work on 16 NE Oklahoma Wells

HOUSTON, TX--(Marketwire - September 24, 2007) - Stonebridge Resources Exploration, Ltd. (PINKSHEETS: SBRX), a diversified energy company specializing in the development and acquisition of oil and gas assets, is pleased to announce initial reworking of 16 wells in NE Oklahoma in the Bartlesville Sand in Rogers County, OK.

SBRX purchased 40 existing wells recently in NE Oklahoma and is beginning reconditioning of an initial 16 wells. Geology reports had indicated nearly 2,000,000 proven undeveloped bbls of oil on both leases. SBRX will continue drilling and reconditioning all 40 wells throughout 4th quarter, 2007 and has scheduled the completion of all the wells before the end of 2nd quarter, 2008. SBRX expects production to exceed 100 bopd when recompletion is finalized.

SBRX continues to review other merger and acquisition targets and is pleased to have begun the initial phase of reconditioning the 40 wells in NE Oklahoma.

About SBRX (

Stonebridge Resources Exploration, Ltd. is primarily engaged in the acquisition and development of oil and gas assets in continental North America. The company is aggressively implementing an acquisition-based model and intends to continue to improve all holdings and enhance production wherever available with new technologies.

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Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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