VANCOUVER, British Columbia, Sept. 13, 2005 (PRIMEZONE) -- Habanero Resources Inc. ("HAO") (Other OTC:HBNRF) (TSX-V:HAO) wishes to report that the Pembina Well in Alberta has been successfully fraced. HAO first announced the Pembina Well in its news release dated March 18, 2005. The operator anticipates that it will be 1-2 weeks before initial flows rates could be reported. The operator feels that gas from both the upper and lower Viking formation in this well, barring any unforeseen issues, should warrant placing the well on production for sales.
The Martex Prospect in Texas is expected to recommence operations within the next 3-14 days. HAO is waiting for a rig to move onto the location once the rig has finished on its current well.
Jason Gigliotti, president of HAO stated, "This is a very busy drilling time for Habanero. We are finishing up on the Pembina Well in the next few weeks and are anticipating starting the next Texas well during this period as well. With oil and gas prices as high as they are, this would be a great time to be able to announce any kind of new production. Habanero has over $300,000 in the bank, with no long-term debt and all current drilling costs are paid. Couple this with our marketing plan for the quarter and it is shaping up to be one of the most important periods of growth for Habanero in the past five years."
HAO is currently in negotiations on a new multi-well oil and gas prospect in Alberta, Canada. The board is currently reviewing the project and a final decision is expected within the next 30 days.
HAO is an emerging junior oil and gas company focused on high reward, low risk oil and gas exploration and production in North America. HAO's goal is to become a mid range oil and gas producer. HAO currently earns oil and gas revenue from 15 wells located on multiple oil and gas fields located in Texas, Saskatchewan and Alberta.
If you would like to be added to HAO's email updates list, please send an email to ir@habaneroresources.com requesting to be added.
BY ORDER OF THE BOARD OF DIRECTORS
"Jason Gigliotti" Jason Gigliotti, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.