Powder River Petroleum International Inc (fka PWDR)

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NEWS; Powder River Begins Drilling in Goliad County
Business Wire - February 21, 2006 13:34

CALGARY, Alberta, Feb 21, 2006 (BUSINESS WIRE) -- Powder River Basin Gas Corp. (OTCBB:PRVB), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced it has started drilling in Weesatche Field.

Drilling started on Thursday, February 16th on the J.P. Green #1 well, and is currently at approximately 3200 feet, with a target depth of approximately 4000 feet.

All four Frio sands were encountered between 2300 and 3000 feet as anticipated, and the deeper zone estimated at 4000 feet will be explored. Powder River Basin Gas Corp. anticipates drilling to be completed on February 21 and an open hole log is currently scheduled for 4:00 am on February 22. This will determine at which depth the well will be completed to production.

The Company is scheduled to run pipe on February 22 and 23 with perforation set for February 24 at which time a production test will take place.

This is the first of 14 wells scheduled to be completed on the Goliad project.

Powder River Basin Gas Corp. has also scheduled to move onto the Acadia Parish project in Louisiana the week of February 21, 2006. The Company will be re-working five wells with minor service to the sixth well. This would put nine wells in operation. The service rigs and crew will stay on site to completion.

"We are able to complete our programs in a timely fashion due to our exclusive agreement with Energy Group of America Inc., and the funding has been made available through our marketing program with the Asian Financial Group. I am delighted that Powder River is now in a position to make progress so quickly," stated Powder River Basin Gas Corp. CEO Brian Fox.

Powder River Basin Gas Corp. is active in production, acquisition, and marketing of crude oil and natural gas properties.

Powder River Basin Gas Corp. trades on the OTCBB under the symbol PRVB.

This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.

Powder River Basin Gas Corp. (OTC Bulletin Board:PRVB)

SOURCE: Powder River Basin Gas Corp.

Powder River Basin Gas Corp.
Stephanie Edgemon
Investor Relations
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www.powderrivergascorp.com