Pacific Stratus Announces Updated Test Results for La Creciente

Pacific Stratus Energy says that Halliburton Latin America S.A. has issued the final report of the drill stem test executed at the La Creciente-1 (LC-1) discovery well in Colombia, increasing initial all open flow (AOF) estimates from 71.8 to 208.1 million cubic feet of gas per day. The test was conducted between the 10,933 and 11,572 foot interval within the Cienaga de Oro Formation. Actual production may differ from initial test results.

The previous AOF estimates announced November 14, 2006 were based on pressure data measured at the surface of the well head. Halliburton has now processed the data collected during testing and has calculated an updated AOF value using pressure data collected at reservoir depth during the final stabilized flow period of the test.

The Company is planning to spud the La Creciente-2 appraisal well during the first week of April 2007.