LongBow Energy has received a license for a new well in the Leahurst area of central Alberta to test the Ellerslie sands at a depth of approximately 1200 meters. LongBow conducted a 3-D seismic survey over the prospect this summer and has identified a target at LSD 9-13-39-18W4. This well is expected to spud in early October 2004 and will take approximately one week to drill. LongBow is participating with partners and will earn a 30% interest in the well and lands. In the same area, LongBow currently has production from 6-2-39-18W4.