SOURCE: Xynergy Corporation

November 20, 2007 09:00 ET

Xynergy Corp. Announces Kay County, OK Deal on 25 Natural Gas Wells

Strike Success Rate Estimated at 98%; Additional 10-15 CBM Well Play in Deal

CARSON CITY, NV--(Marketwire - November 20, 2007) - Xynergy Corporation (PINKSHEETS: XYNG) announced today it has acquired the right to purchase up to 50% working interests in 25 existing and up to 15 more new wells located in Kay County, Oklahoma.

The properties encompassing the XYNG play are surrounded by leases operated by one of the major players in the field such as Newfield Exploration Mid-Continent, Inc., Energy Quest Resources, Endeavor and Bellport.

Newfield Exploration Mid-Continent, Inc. has been aggressively drilling CBM wells in this area for the last 6 or 7 years with over 200 reported wells currently in production.

"The Oklahoma Geological Survey has prepared a very detailed and comprehensive report, 'Coalbed-methane activity in Oklahoma,' which has provided us with significant information regarding this play including maps, production reports, and excerpts utilized in the detailed geology report," says Xynergy's Chief Operating Officer Kevin Brinkworth.

This Forty (40) well program (assuming we can drill another 15 wells) is unique for shallow depth wells in that it has "multiple primary targets" in a multitude of Limestone and Coal Seam gas formations proven productive in this area. Continues Brinkworth, "It is our expectation that the existing wells and new wells successfully completed in these multiple zones should produce an estimated initial production of 100,000 - 150,000 cubic feet of gas per day per well, out of the combined Rowe and Mulkey/Iron Post. This program is consistent with our goal of developing a core cash flow grouping of properties while we search for more significant plays that we can partner with others in both oil and gas niche markets."


Xynergy Corporation is a Nevada corporation engaged in oil and gas exploration and production, the investment and development of new domestic energy saving technology along with the development of alternative energy solutions. The Company was formed with the mission of investing in producing, working wells in the hot bed regions of the US as well as natural gas drilling operations that produce rapid, low risk, solid revenue growth. Additionally the Company will invest in high probability, innovative technologies that have the potential to produce explosive growth, in order to impact its market capitalization and stock price. The Company intends to balance the need to produce profitable and sustained growth, against investing in unique, cutting edge technologies that have the potential to change the way in which the world relies on and utilizes its resources to produce energy. Currently the Company is working in both arenas to establish short-term profitability and long-term potential for explosive growth. The mission of Xynergy Corporation is to be a responsible, eco-friendly, global citizen that seeks to market and develop green and environmentally friendly product solutions to ensure the long term health and well being of our planet.

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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