The Management Board of Activa Resources AG announces that its drilling programme is now accelerating after a series of successful test wells in 2005 and 2006. Activa has made significant strides in developing its portfolio of projects since the commencement of drilling activities in the summer of 2005.

Drilling successes in the Hidalgo Frio, Adams Ranch and several of our other conventional oil and gas projects have put Activa in a position to fully develop these projects. Activa currently has 11 wells being completed or waiting to go on production as well as 8 wells set to spud in the coming 120 days. More than 30 wells are expected to be drilled in 2007.

As a result, we expect our production revenues to increase substantially as we progress into 2007. In addition, significant progress has been made in our shale projects and Activa continues to explore additional projects and opportunities for growth.

Activas CEO Leigh A. Hooper adds: “I am pleased to report that Activa is making significant progress across its portfolio of projects. We are now seeing a significant increase in drilling momentum. Our portfolio approach to managing the inherent risks in the oil and gas industry is a formidable asset which is providing Activa with a growing production and revenue base. It is the combination of this base from low and medium risk projects and Activa’s continued participation in “high-risk / high-return” opportunities that will accelerate the growth and value of the company.”