SOURCE: Stonebridge Resources Exploration Ltd.

August 15, 2007 09:45 ET

SBRX Details O&G Langley-Levine Acquisition

HOUSTON, TX--(Marketwire - August 15, 2007) - Stonebridge Resources Exploration, Ltd. (PINKSHEETS: SBRX) is pleased to report details of the recent purchase of 2 million bbls of proven undeveloped oil in NE Oklahoma in the Bartlesville Sand. The two leases are contained on two parcels in Rogers County, OK.

The Langley-Levine purchase includes in excess of 170 acres combined on both leases and 40 existing wells. Geology reports indicate an estimated 895,174 and 1,237,706 proven undeveloped bbls of oil respectively in both leases for an approximate total of 2,132,880 bbls of oil. As reported earlier, the company anticipates commencement of this project will begin reworking 16 wells in 3rd and 4th quarters 2007 and has scheduled the completion of the remaining 24 wells before the end of 2nd quarter 2008. Stonebridge expects production to exceed 80-100 bopd when recompletion is finalized.

The 2 million PUD bbls of oil are valued at approx. $2-$4,000,000 and combined with the KS production will create oil and gas assets within SBRX exceeding $12,000,000 in present value.

About (SBRX) Stonebridge Resources Exploration (

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.

Forward Looking Statements

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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