Fidelis Testing Gas Discovery in California

Fidelis Energy reports that the completion program at the "Archer-Whitney #1" well, at the North Franklin Project is underway.

The completion rig arrived on site yesterday afternoon and is beginning preparations to perforate and flow test the discovery. Flow testing will indicate how many million cubic feet of gas per day the well is expected to produce. This information will help verify the full potential of this discovery.

The North Franklin Project is located in the Sacramento Basin of California and is situated along the "Eastside Winters Stratigraphic Trend" which has produced in excess of 450 Bcf gas. The objective gas reservoir target at North Franklin is in the Winters Formation. Fidelis has a 35% interest in the play.

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