SOURCE: Stonebridge Resources Exploration, Ltd.

August 14, 2007 09:45 ET

Stonebridge Resources Exploration, Ltd. Acquires Langley Levine Properties

HOUSTON, TX--(Marketwire - August 14, 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 the acquisition of the Langley Levine Properties in NE Oklahoma.

The acquisition, located on several hundred acres of lease properties, includes existing wells with proven undeveloped bbls of oil. Stonebridge Resources expects to begin drilling and reconditioning of the initial existing wells in 3rd and 4th quarters 2007 and has scheduled the completion of the remaining wells before the end of 2nd quarter 2008. Stonebridge will report additional details and production expectations when they are made available.

Stonebridge Resources Exploration, Ltd. will continue to review and pursue other viable merger and acquisition targets that will complement their existing financial portfolio.

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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