VANCOUVER, British Columbia,, Sept. 2, 2005 (PRIMEZONE) -- Habanero Resources Inc. (Other OTC:HBNRF) (TSX Venture:HAO) ("HAO") wishes to report that its president, Jason Gigliotti, was interviewed by Audiostocks.com. The interviewed focused on the direction of HAO, its strong current financial position and the multiple oil and gas drill programs that are about to recommence. To listen to the interview please visit http://www.audiostocks.com.
HAO is expecting that the Pembina Well in Alberta is to be tested next week. Initial results from this well are expected 2-14 days after the testing is completed. This well is targeting multiple zones and the operator feels that it could be dual-produced for both oil and gas potentially. The target depth is approximately 6,000 feet in the prolific Viking Formation.
The Martex Prospect in Texas is also expected to recommence operations within the next 14 days. HAO is waiting for a rig to move onto the location once the rig has finished on its current well.
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Jason Gigliotti, president of HAO stated, "It is an honor to be selected for an interview on such a widely viewed website. It shows that the company is starting to gain some attention with the media. We currently have no long-term debt, over $300,000 in the bank, all of our current drill costs have been met and we have production from our interest in 15 wells in North America. We are about to start work again for the first time in over four months on at least two oil and gas drilling programs. When you take in the fact that the oil and gas prices are at all-time highs, I feel it is clear that Habanero is finally starting to capture some market share in the exploding, junior oil and gas market. This next month is going be extremely exciting for management and shareholders."
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.