Stonebridge Acquires Langley Levine Properties

Houston-based Stonebridge Resources Exploration, Ltd., an energy company specializing in the development and acquisition of oil and gas assets, is pleased to announce the acquisition of the Langley Levine Properties in NE Oklahoma.

The acquisition, located on several hundred acres of lease properties, includes existing wells with proven undeveloped bbls of oil.

Stonebridge Resources expects to begin drilling and reconditioning of the initial existing wells in 3rd and 4th quarters 2007 and has scheduled the completion of the remaining wells before the end of 2nd quarter 2008. Stonebridge will report additional details and production expectations when they are made available.



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