OTCBB ALERTS

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SNRG Corporation (OTCBB:SNRG) is pleased to advise that
SNRG Participating Income Fund I, LLC ("SNRG") has entered into a
Letter of Intent dated March 30, 2006, with Arapahoe Energy
Corporation ("Arapahoe"), of Calgary, Alberta, pursuant to which SNRG
and Arapahoe may explore, develop and exploit Arapahoe's oil and gas
properties in the Freemont and Poundmaker areas of S.W. Saskatchewan
comprising approximately 30,000 acres.
Under the terms of the Letter of Intent, SNRG will, on or before
April 14, 2006, pay Arapahoe the sum of $500,000 cash and pay a
further $3,250,000 to Arapahoe on or before May 15, 2006. SNRG will
also pay $2,100,000 to Arapahoe for a portion of the costs of a
planned approximate 60-square-mile 3D seismic program to be conducted
on the Freemont and Poundmaker prospect lands. In addition SNRG will
expend $3,000,000 on drilling on the Freemont and Poundmaker prospect
lands. Seismic and drilling is anticipated to commence in June 2006.
Upon SNRG fulfilling the foregoing earning requirements Arapahoe and
SNRG will be 50% - 50% partners in an anticipated ongoing two (2) year
exploration and exploitation program on the Freemont and Poundmaker
prospect lands.
SNRG Participating Income Fund I, LLC is a special purpose oil and
gas asset development fund under the management and participatory
ownership of the company.
"We are pleased with this first new major project for SNRG,"
stated Mr. Fimrite, SNRG president. "We believe that this property has
the rapid development characteristics we are looking for in our fund
acquisitions."
Arapahoe is a publicly traded junior oil and gas exploration,
development and production company with shares listed on the TSX
Venture Exchange under the trading symbols "AAO."
For additional information, please visit our Web site at:
www.SNRG.net. Please note the corporate address and contact numbers
below.
-0-
*T
Corporate Offices:
14300 N Northsight Blvd, Ste 227
Scottsdale, AZ 85260
Tel: [phone]
Fax: [phone]
*T

Forward-Looking Statements: This news release contains
"forward-looking statements," as that term is defined in Section 27A
of the United States Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Statements in this press release,
which are not purely historical, are forward-looking statements and
include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such forward-looking statements
include, among other things, our ability to fund our earn in
requirements for the prospect lands and the successful exploration,
development and exploitation of Arapahoe's oil and gas properties in
the Freemont and Poundmaker areas of S.W. Saskatchewan comprising
approximately 30,000 acres. Actual results could differ from those
projected in any forward-looking statements due to numerous factors.
Such factors include, among others, the inherent uncertainties
associated with oil and gas exploration; changes in reserve estimates
if any; the potential productivity of our properties; changes in the
operating costs and changes in economic conditions and conditions in
oil and gas production and exploration and the unproven nature of
alternative energy technologies and its commercial viability. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ
from those projected in the forward-looking statements. Although we
believe that the beliefs, plans, expectations and intentions contained
in this press release are reasonable, there can be no assurance those
beliefs, plans, expectations or intentions will prove to be accurate.
Investors should consult all of the information set forth herein and
should also refer to the risk factors disclosure outlined in our
annual report on Form 10-KSB for the 2004 fiscal year, our quarterly
reports on Form 10-QSB and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.



KEYWORD: NORTH AMERICA ARIZONA UNITED STATES CANADA
INDUSTRY KEYWORD: ENERGY OIL/GAS CONTRACT/AGREEMENT
SOURCE: SNRG Corporation


CONTACT INFORMATION:
SNRG Corporation
Jim Elbert, 888-388-8989 (Investor Relations)