Winfield Resources Limited
TSX VENTURE : WWF

Winfield Resources Limited

October 18, 2006 13:18 ET

Winfield Resources Limited: The Azzawiya Oil Refinery Refurbishment Program

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 18, 2006) - Winfield Resources Limited (TSX VENTURE:WWF) announced today that the AZZAWIYA OIL REFINERY Company, a subsidiary of the LIBYAN NATIONAL OIL COMPANY is implementing its revamp and modernization program and has invited Winfield Resources Limited Libya to participate in the project budgeting.

WINFIELD has engaged Mr. David Morrison McClement, P.Eng., of Calgary, to conduct a scoping study leading to project budget recommendations.

Mr. McClement's budget recommendations will be incorporated into the tender offer for the AZZAWIYA OIL REFINERY revamp and modernization program.

Mr. McClement, P.Eng., specializes in the area of refinery optimization and design.

The AZZAWIYA OIL REFINERY (ARC) is currently the second largest oil refinery in Libya, with a throughput of 100,000 barrels of crude oil per day.

ARC is considering the installation of a new residual fluidized catalytic cracker unit; Methyl tertiary butyl ether (MTBE) facilities and an additional sulfur treatment plant.

This planned undertaking is part of Libya's $3,500,000,000 program aimed at modernizing its refinery infrastructure over the next 5 years.

Winfield seeks participation via successful tender in the engineering, procurement, construction and management (EPC(M)) of energy related capital projects; such as Oil Refineries, Liquid Natural Gas (LNG) facilities and Co-Generation Facilities.

On behalf of the Board

Robert Michael Foley, President and CEO


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