SOURCE: Trophy Resources, Inc.

September 18, 2007 09:00 ET

Trophy Resources Ends JV Partnership With Russell Industries to Concentrate on Oil and Gas

CLEVELAND, OH--(Marketwire - September 18, 2007) - Trophy Resources (PINKSHEETS: TRSI) is announcing the end to their Joint Venture agreement with Russell Industries based on the desire to return to their base business plan.

Trophy Resources' original business plan, focusing on oil and natural gas well reentry and rework projects, was established in mid-2006, allowing for greater flexibility in capital expenditures while offering the ability to return the investment in a more expedient manner.

The end of this joint venture will also end the tenure of Mr. Rick Berman as a member of the Board of Directors of Trophy Resources. Mr. Berman, President and CEO of Russell Industries and American Uranium Mining Company, has tendered his resignation effective immediately.

Mr. Eric Leonetti, President and CEO of Trophy Resources, said, "We are saddened at the resignation of Mr. Berman, he added much to our management team and will be missed. We have begun an immediate search of his replacement and hope to have the seat filled on an interim basis in short order. A shareholders meeting will be held prior to the end of this year where we may elect new members to the board for a full term."

About Trophy Resources

Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas and the Casper Arch / Wind River Basin in Wyoming. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

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