Franklin to Provide Rigs to Bolivian Operator

Franklin Mining, Inc. CEO, William Petty, is pleased to announce that Franklin Oil & Gas, S.A. (a wholly owned subsidiary of Franklin Mining, Inc.) has signed an agreement with SAE Group (an Argentine, Bolivian, Peruvian corporation) to provide rigs to an operating company in Bolivia.

To assist in fulfilling the agreement, Franklin Oil & Gas, Bolivia S.A. has retained the consulting and other professional services of Petraxel, a firm with more than twenty-five years experience in Bolivia's hydrocarbons industries.

SAE Group, Franklin Oil & Gas, Bolivia S.A's newest client, was recently awarded contracts to provide oil field services in Argentina, Bolivia and Peru.

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