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To: Canuck Dave who started this subject	2/23/2004 8:16:37 PM
From: dara	Read Replies (1) of 313061

ADB news: Admiral Bay Acquires 90% Working Interest In 35,000+ Acre Swordfish Gas Project In The Cherokee Basin 2/23/04 TORONTO, ONTARIO, Feb 23, 2004 (CCNMatthews via COMTEX) -- Two shut-in wells capable of producing 200 Mcf of gas per day to be re-activated Admiral Bay Resources Inc. (TSX.V: ADB) is pleased to announce that its wholly owned subsidiary, Admiral Bay (USA), Inc. has acquired a 90% working interest in the Swordfish Gas Project, located in the western half of Chautauqua County, Kansas. This 35,000+ contiguous acre project was acquired from M &S Methane Development LLC of Denver, Colorado, and lies in the heart of the Cherokee Basin and on the western edge of the growing coalbed methane development in southeastern Kansas and northeastern Oklahoma. There are two existing conventional gas wells shut-in on the property. These wells are capable of producing 200 Mcf of gas a day and will be re-activated shortly. stockhouse.ca

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