LongBow Acquires Stake in Canadian CBM Properties

LongBow Energy has farmed into 4 sections of land in the Three Hills and Lone Pine Creek area of Alberta. The farm-in will enable LongBow to participate in up to 16 coal bed methane and shallow gas wells in the area with working interests varying from 12.5 to 25 per cent. At least one well will be licensed in each of the 4 sections prior to August 1, 2005.