VANCOUVER, British Columbia, April 20, 2006 (PRIMEZONE) -- Habanero Resources Inc. (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) ("Habanero") wishes to announce that it has been informed by the operator of the Cardium Burnstick Prospect (announced December 29, 2005,) that the drilling has been successfully completed and the engineering contractor is designing the completion program. A service rig has been contracted to conduct the completion. Barring any unforeseen issues, the well should be tested shortly and potentially tied in to be on stream by the end of May. Habanero has a 10% interest in this prospect
Jason Gigliotti, President of Habanero Resources stated, "It is exciting to have a new conventional oil and gas project nearing completion, especially with the current all time high prices of oil. Considering we have just increased our interest in the Athabasca Oil Sands to include three new leases, along with our two other Oil Sands prospects, we are moving towards achieving our goal of becoming a mid-range oil and gas producer. As it stands now, we are one of if not the smallest market capitalized company with interests in five separate Alberta Oil Sands leases."
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BY ORDER OF THE BOARD OF DIRECTORS
"Jason Gigliotti"
Jason Gigliotti, President
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