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mick

08/24/07 9:58 PM

#3710 RE: mick #3709

excerpt to this show that is very interesting for CEO BF and shareholders.


NEWS RELEASED EARLY MORNING: August 24, 2007 - 6:00 AM EST



Powder River Completes Drilling of First Well on Biamante Project
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 completed drilling on the Biamante #1 well in the Powder River Consolidated Field in Goliad County, Texas. The well was drilled to 4000 feet and showed ten pay zones. The first zone will be completed at 3630 feet and is currently being set with casing and cementing operations.

The well will be completed and tested by the month's end. Based on initial research, it is estimated to produce a minimum 250 mcf gas per day. Accurate results will be published as soon as the Company has them available. The tank battery and meters are expected to be set within the next several weeks, with the well put into full production by the end of September.

This well marks the first of a 25 well program scheduled on the Biamante project.

In other news, Powder River CEO Brian Fox recently participated in an interview on the Bill Chippas radio show, which can be heard on Bill Chippas website at http://www.billchippasshow.com.