Winslow Resources Inc.
TSX VENTURE : WLR

Winslow Resources Inc.

April 21, 2005 12:29 ET

Winslow Spuds Well

CALGARY, ALBERTA--(CCNMatthews - Apr. 21, 2005) - Winslow
Resources is pleased to announce the first exploration well has been spudded
on the Company's Coal Valley CBM lands in west-central Alberta. The Company is
excited about the opportunity to prove up what could be a substantial gas
resource in this area of the province. The 850-meter well targets three
separate potential coalbed methane reservoirs within the Ardley formation
based on surface geology, well control and seismic. The well will take
approximately four days to drill and case and is being operated by Winslow's
major industry partner in the project.

Testing and completing of the well will be conducted over the following weeks.
Winslow has a carried working interest thru the first $350,000 in expenditures
on the well and a net 27.5% working interest in the project thereafter.

Winslow currently has 22,786,899 common shares issued and outstanding and trades
on the TSX Venture Exchange under the symbol "WLR".

The TSX Venture Exchange does not accept responsibility for
the adequacy or accuracy of this release.

Contact Information

  • Winslow Resources Inc.
    John Nelson
    Interim President, Vice-President, New Ventures
    (403) 355-1175