To: Taki who wrote (130083 ) 3/22/2004 11:36:19 AM From: Taki Respond to of 150070 MSEV.03,news several hours ago.COMTEX)B: Micron Enviro Systems, Inc. to Drill Next Well on Green Ranch rospect B: Micron Enviro Systems, Inc. to Drill Next Well on Green Ranch Prospect VANCOUVER, British Columbia, Mar 22, 2004 (BUSINESS WIRE) -- Micron Enviro Systems, Inc. ("MSEV") (OTCBB:MSEV) is extremely pleased to announce that it has been notified by the operator that the next well on the Green Ranch Prospect, the C-1 Well, is to be drilled. This well will be testing the coal bed zone that covers the Green Ranch Prospect. This target was determined based on the previous two successful wells drilled on this prospect. The C-1 is the third of a proposed 15 well program. Bernie McDougall, president of MSEV stated, "It is great to be resuming drilling on this prospect. It has been nearly a year since we drilled on the Green Ranch prospect and it is very exciting to be testing into the coal bed zone within the prospect. This is a well that could open up an entirely new region to exploit on the Green Ranch, as there have been no coal bed tests within this region. MSEV currently has two wells on the Green Ranch producing oil and gas for sales. Based on our philosophy to limit our risk, we have elected to go non-consent on the C-1 Well. This enables MSEV to have no cost to drill the well and yet still be able to recover the revenue if the well is successful over time. When you take into account that MSEV could now have three separate, independent work programs simultaneously drilling and/or testing in the next two weeks, this could be one of the most significant growth periods in MSEV's history. With oil being at a 12 year high, MSEV is positioned well to take advantage of this lucrative time for oil and gas production." The Green Ranch Prospect is a proposed 15 well program consisting of 4,131 acres of leasehold on the Green Ranch in Stephens County, Texas. This leasehold is located approximately 50 miles northeast of Abilene, Texas and approximately 10 miles northwest of Breckenridge, Texas, along the North Stephens-Shackelford County line. The Green Ranch Prospect lies within an oil and gas producing province identified as Texas Railroad Commission District 7B, which encompasses 24 counties in North Central Texas. TRRC reports indicate District 7B has produced a total of 2.225 billion barrels of oil from 1935 through to June 2001. These reports also indicate the district has made 2.277 TCF of unassociated gas (gas wells) from 1970 through to June 2001. It is estimated that this district accumulated approximately 2.78 TCF of casinghead gas. During the year 2000, District 7B made 14.1 million barrels of oil, 18.6 BCF of casinghead gas and 45.3 BCF of unassociated gas. There has been over $2.1 million spent on the Green Ranch Prospect to date. MSEV is an emerging oil and gas company that has both oil and gas producing properties. MSEV's goal is to become a mid-range oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. MSEV currently has twelve independent sources of oil and/or gas revenue. MSEV's production is from nine oil wells on the Kerrobert project in Canada, of which MSEV currently has the largest working interest of any company involved in this project that trade exclusively on the OTCBB, and three wells producing both oil and gas revenue in Texas. MSEV is currently involved in four separate multi-well oil and gas prospects, and we continue to look for additional projects that would contribute in building market capitalization. If you have any questions, please call MSEV at 604-646-6903. If you would like to be added to MSEV's update email list, please send an email to info@micronenviro.com requesting to be added. This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, volatility of oil and gas prices, product demand, market competition, and imprecision of reserve estimates, and actual ability to recovery oil and gas that is present or represented to the company by the operator. You should independently investigate and fully understand all risks before making investment decisions. SOURCE: Micron Enviro Systems, Inc. CONTACT: Micron Enviro Systems, Inc. Bernie McDougall, 604-646-6903 Fax: 604-689-1733 info@micronenviro.com www.micronenviro.com Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2004 Business Wire. All rights reserved. -0- KEYWORD: TEXAS INTERNATIONAL CANADA INDUSTRY KEYWORD: MINING/METALS UTILITIES ENERGY OIL/GAS *** end of story ***