SOURCE: The Stallion Group

February 22, 2007 16:01 ET

Stallion Group Acquires Interest in 200,000 Gross Acres in Mississippi and Louisiana

Drilling Underway

JACKSON, MS -- (MARKET WIRE) -- February 22, 2007 -- The Stallion Group (OTCBB: SLGR) is pleased to announce that it has entered into an agreement to acquire a 30% working interest in up to 200,000 acres of land in Southwest Mississippi and Northeast Louisiana. The area is situated in a prolific oil and gas region in the United States. The company will be targeting the Frio, Wilcox and Tuscoloosa geological formations. Drilling has already commenced and initial results will be announced shortly.

The agreement contemplates an initial 50 well drill program within the area of mutual interest (AMI). These wells will be drilled in several areas, including Palmetto Point; Red Bug; Tecumseh and Buffalo River. Over 7,500 miles of 2D seismic and 250 square miles of 3D seismic have already been shot. Over 100 drill targets have been identified to date.

The drilling program will be conducted by Griffin & Griffin Exploration in its capacity as operator. Griffin & Griffin of Jackson, Mississippi, has enjoyed a solid reputation as an oil and gas industry for over 40 years.

Griffin has utilized seismic "bright spot" technology, a technology providing a tool to identify gas reservoirs and to delineate the reservoir geometry and limits. Utilizing these critical factors has improved reserve estimates and the geologic success ratio that has made the Frio an economical and predictable reservoir.

About Stallion

The Stallion Group (OTCBB: SLGR) is an independent oil and gas company focused on developing proven energy rich areas of North America. The Company has developed a foundational strategy for success which includes careful analysis of every opportunity to see how it fits with the overall plan for the Company's future.

Forward-looking statement

Certain statements in this presentation constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of THE STALLION GROUP ("Stallion"), or developments in Stallion's business or in its industry, to differ materially from the anticipated results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements include all disclosure regarding possible events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action. Forward-looking statements may also include any statement relating to future events, conditions or circumstances. Stallion cautions you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. Forward-looking statements relate to, among other things, changes in the resource market; the market focus of Stallion; Stallion's revenue mix and margin targets; Stallion's operations priorities; and Stallion's strategy for its products and solutions. The risks and uncertainties that may affect forward-looking statements include, among others, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of Stallion's customers, demand for Stallion's products and other risks detailed from time to time in Stallion's filings with the Securities and Exchange Commission. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions, and the Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.

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