Running Fox Announces Nine Month Revenues of $5.15 Million With Net Income of $844,000


VANCOUVER, British Columbia, Oct. 31, 2006 (PRIMEZONE) -- Steven Schurman, CEO of Running Fox (Pink Sheets:RFXRF) (TSX-V:RUN) (Frankfurt:C8Q), reports:

For the nine-month period ended August 31, 2006 the Company revenue was $5,149,002 with net income for the same period of $844,122. For the three-month period ended 31 August 2006, the Company revenue was $1,589,705 with net income of $204,162, with continued natural gas sales and oilfield service demand.

Financial statements have been filed on SEDAR.

Running Fox is in the energy sector and is exploring, developing and producing oil and natural gas interests in Canada, while operating in the oilfield service sector, earning revenues from gas pipeline tie-in, facilities construction, and servicing of oil and natural gas wells in addition to the construction of field locations, gas plants, oil and gas battery facilities. Running Fox contracts out services to other energy producers. Visit www.foxgold.ca for further information on 100% owned subsidiary, Claymore Field Services, which is also building a strong equipment inventory.



 On behalf of the Board of Directors;
 Steven Schurman, CEO, U.S. Professional Geologist
 www.foxgold.ca

The Company relies on legislation applicable to forward looking statements, and seeks safe harbour. The TSX-V has neither approved nor disapproved of the contents of this news release.


            

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