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ADMIRAL BAY REPORTS RECORD PRODUCTION AND REVENUE FOR THE 3rd QUARTER OF 2008
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Date	Headlines
July 1, 2008	ADMIRAL BAY REPORTS RECORD PRODUCTION AND REVENUE FOR THE 3rd QUARTER OF 2008
June 13, 2008	ADMIRAL BAY ANNOUNCES THE CLOSING OF FT. SCOTT AND BCPL ACQUISITIONS
June 3, 2008	ADMIRAL BAY UPDATES ACTIVITY IN SE KANSAS PROJECTS
May 23, 2008	ADMIRAL BAY ACQUIRES 29 WELLS AND 39,000 NET ACRES IN DEVON PROJECT AREA AND PARTNERS INTEREST IN PIPELINE
May 7, 2008	ADMIRAL BAY ANNOUNCES NEW CBM LEASES IN THE REVLOC PROJECT IN THE APPALACHIAN BASIN, PENNSYLVANIA
April 28, 2008	ADMIRAL BAY RECEIVES COMMITMENT FROM GASROCK TO BEGIN PHASE II OF PROGRAM
April 21, 2008	ADMIRAL BAY UPDATES THE REVLOC PROJECT IN THE APPALACHIAN BASIN, PENNSYLVANIA
April 17, 2008	ADMIRAL BAY REPORTS THAT GROSS SALES HIT 3.0 MMCFGPD AND WITH CURRENT GAS PRICES IT IS CASH FLOW POSITIVE
April 2, 2008	Admiral Bay to Present at the IPAA OGIS Conference in New York
March 5, 2008	ADMIRAL BAY UPDATES REVLOC PROJECT IN THE APPALACHIAN BASIN, PENNSYLVANIA
February 11, 2008	ADMIRAL BAY UPDATES MOUND VALLEY PROJECT IN THE CHEROKEE BASIN IN KANSAS • Drilling of three wells complete at the Revloc Project in Pennsylvania
February 8, 2008	ADMIRAL BAY TO PRESENT AT THE IPAA SMALL CAP CONFERENCE ON FEBRUARY 14, 2008
January 25, 2008	ADMIRAL BAY TO BEGIN DRILLING OF SEVEN WELL TEST PROGRAM AT ITS REVLOC PROJECT IN THE APPALACHIAN BASIN
December 5, 2007	ADMIRAL BAY ANNOUNCES DRILLING TO BEGIN AT ITS REVLOC PROJECT IN THE APPALACHAIN BASIN IN PENNSYLVANIA
November 28, 2007	ADMIRAL BAY FILES ITS ANNUAL RESERVES AND OTHER OIL AND GAS INFORMATION DATA
October 15, 2007	ADMIRAL BAY ANNOUNCES NEW VICE-PRESIDENT OF OPERATIONS FOR ITS CHEROKEE BASIN PROJECTS
September 7, 2007	ADMIRAL BAY UPDATE - Near Term Development Program for Cherokee Basin Projects
August 30, 2007	ADMIRAL BAY ANNOUNCES COMPLETION OF US$100,000,000 CREDIT FACILITY
July 27, 2007	Admiral Bay Update
July 3, 2007	ADMIRAL BAY PROVIDES UPDATE ON REVLOC PROJECT
July 2, 2007	ADMIRAL BAY PROVIDES UPDATE ON DEVON PROJECT
June 26, 2007	ADMIRAL BAY PROVIDES UPDATE
June 3, 2007	ADMIRAL BAY UPDATES ACTIVITY IN SE KANSAS PROJECTS
May 16, 2007	ADMIRAL BAY UPDATE
April 12, 2007	PRODUCTION SURPASSES 3.4 MMCF/DAY AT ADMIRAL BAY PROJECTS IN THE CHEROKEE BASIN - Operational Update For Devon And Mound Valley Projects
April 5, 2007	ADMIRAL BAY 2nd QUARTER FINANCIAL RESULTS – REVENUE INCREASES BY 74% OVER PREVIOUS QUARTER
March 14, 2007	ADMIRAL BAY ANNOUNCES GAS PRODUCTION AT ITS CHEROKEE BASIN PROJECTS SURPASSES 3.0 MMCF/DAY
January 24, 2007	ADMIRAL BAY RECEIVES DRILLING PERMITS FOR ITS REVLOC PROJECT IN THE APPALACHIAN BASIN IN PENNSYLVANIA • Operational Update
January 18, 2007	ADMIRAL BAY ANNOUNCES SETTLEMENT OF ACTIONS
January 10, 2007	ADMIRAL BAY ENGAGES RBC CAPITAL MARKETS AS FINANCIAL ADVISOR TO EVALUATE STATEGIC ALTERNATIVES • Macquarie increases borrowing base on line of credit
December 15, 2006	ADMIRAL BAY ANNOUNCES THAT IT HAS RECEIVED A WRITTEN EXPRESSION OF INTEREST FOR THE ACQUISITION OF THE COMPANY
November 28, 2006	ADMIRAL BAY FILES ITS ANNUAL RESERVES AND OTHER OIL AND GAS INFORMATION DATA
November 24, 2006	Admiral Bay Announces Updated Reserve Report - Proved Reserves increase by 52% to 35.3 Bcf • Proved Developed Reserves increase 89% to 21.8 Bcf
October 10, 2006	ADMIRAL BAY BEGINS SELLING GAS AT ITS MOUND VALLEY PROJECT • Netback on gas sales increases by over 60%
October 3, 2006	ADMIRAL BAY PROVIDES OPERATIONAL UPDATE • To date in 2006, the Company has drilled over 155 wells
July 28, 2006	ADMIRAL BAY PROVIDES OPERATIONAL UPDATE
June 30, 2006	ADMIRAL BAY ANNOUNCES THAT IT WILL HOLD AN INVESTOR CONFERENCE CALL ON JULY 6, 2006 AT 10:30 EST
June 28, 2006	ADMIRAL BAY ANNOUNCES 3RD QUARTER FINANCIAL RESULTS FOR THE PERIOD ENDING APRIL 30, 2006 • Net Revenues increase to $1.40 mil from $95,224 over previous year
June 19, 2006	ADMIRAL BAY ANNOUNCES THAT IT HAS DRILLED OVER 75 NEW CBM WELLS AT ITS PROJECTS IN THE CHEROKEE BASIN IN 2006 • Company to increase focus on its Mound Valley project
May 16, 2006	ADMIRAL BAY ANNOUNCES COMPLETION OF US$40,000,000 CREDIT FACILITY
May 12, 2006	ADMIRAL BAY’S GAS PRODUCTION REACHES 1.5 MILLION CUBIC FEET PER DAY
May 3, 2006	ADMIRAL BAY IS PLEASED TO WELCOME GREG L. MCMICHAEL TO THE BOARD OF DIRECTORS
April 6, 2006	ADMIRAL BAY ANNOUNCES IT WILL BE PRESENTING AT THE IPAA OGIS CONFERENCE IN NEW YORK
March 13, 2006	ADMIRAL BAY PROVIDES GUIDANCE FOR FISCAL YEAR 2006 AND 2007 • Investor Conference Call Scheduled Tuesday, March 14, 2006 at 10:30 EST
March 9, 2006	ADMIRAL BAY PROVIDES OPERATIONAL UPDATE • Investor Conference Call Scheduled Tuesday, March 14, 2006 at 10:30 EST
March 6, 2006	ADMIRAL BAY'S BOARD OF DIRECTORS APPROVES US$26 MILLION DEVELOPMENT PROGRAM FOR 2006 • Company to focus on development at the Shiloh, Mound Valley, Devon and Revloc projects
February 27, 2006	ADMIRAL BAY WELCOMES VERN SWANSON TO THE BOARD
February 7, 2006	ADMIRAL BAY GETS COMMITMENT FOR US$40 MILLION CREDIT FACILITY FROM MACQUARIE BANK LTD. • Initial availability of US$15 million will fund accelerated drilling program
January 20, 2006	ADMIRAL BAY CLOSES PRIVATE PLACEMENT FINANCING AND PLANS ACCELERATED DEVELOPMENT PROGRAM • Operational Update and Annual General Meeting Results
December 23, 2005	ADMIRAL BAY CLOSES ON THE 10% WORKING INTEREST ACQUISITION ON ITS CBM PROJECTS • Company Signs Tap Agreement at Mound Valley Project
December 15, 2005	ADMIRAL BAY ANNOUNCES THE BEGINNING OF ADDITIONAL DRILLING AT SHILOH PROJECT IN KANSAS • Company acquires additional acreage at the Revloc Project in Pennsylvania
December 7, 2005	ADMIRAL BAY ENGAGES INTERIM CFO TO ASSIST IN FINANCING ACTIVITIES
December 2, 2005	ADMIRAL BAY WELCOMES NEW MEMBER TO THE PRODUCTION DEVELOPMENT TEAM • Gas Production at the Company's Cherokee Basin projects has totaled 180 MMcf
November 14, 2005	ADMIRAL BAY WELCOMES THOMAS R. TOUGH TO THE BOARD
November 4, 2005	ADMIRAL BAY ANNOUNCES CONSOLIDATION OF OPERATIONS TO ITS DENVER, COLORADO OFFICE
October 11, 2005	ADMIRAL BAY ANNOUNCES UPDATED RESERVE REPORT - 311 BCF OF PROVED, PROBABLE AND POSSIBLE GAS RESERVES • Total Net Reserves Increase 217% in First 8 Months of 2005
July 22, 2005	ADMIRAL BAY'S GAS PRODUCTION REACHES 1.2 MILLION CUBIC FEET PER DAY • Production at Shiloh project jumps to 938 versus 550 thousand cubic feet per day
July 12, 2005	ADMIRAL BAY BEGINS TO FLOW GAS AT NEW TAP/COMPRESSOR SITE AT THE SHILOH PROJECT, KANSAS • Company starts producing 550 MCF per day as new facility comes onstream
June 28, 2005	ADMIRAL BAY CLOSES C$5 MILLION PRIVATE PLACEMENT
June 17, 2005	ADMIRAL BAY ANNOUNCES PRIVATE PLACEMENT FINANCING
May 20, 2005	ADMIRAL BAY COMPLETES FIRST OF NINE WELLS AT MOUND VALLEY, KANSAS • New tap facility at Shiloh to significantly increase gas production
May 9, 2005	ADMIRAL BAY WELCOMES LOGAN MAGRUDER TO THE BOARD OF DIRECTORS • Senior Berry Petroleum executive to provide guidance on U.S. operations
April 27, 2005	ADMIRAL BAY CONTRACTS TO BUY GAS FROM INDEPENDENT OPERATORS IN THE DEVON PROJECT AREA, KANSAS • Shiloh and Devon Project Update
April 8, 2005	ADMIRAL BAY ACQUIRES ADDITIONAL 13,000+ ACRES AT THE DEVON PROJECT IN BOURBON COUNTY, KANSAS • Company close to reaching target of 50,000 acres for development in the Devon project area
April 1, 2005	ADMIRAL BAY ANNOUNCES SECOND QUARTER FINANCIAL RESULTS
March 29, 2005	ADMIRAL BAY ANNOUNCES OIL WELL DISCOVERY AT THE SWORDFISH PROJECT IN KANSAS
March 4, 2005	ADMIRAL BAY RECEIVES APPROVAL FOR ACQUISITION OF MOUND VALLEY CBM PROJECT IN KANSAS • Senior Petroleum Geologist added to Admiral Bay Team
February 25, 2005	ADMIRAL BAY ANNOUNCES GAS SALES HAVE RE-COMMENCED AT THE DEVON PROJECT IN BOURBON COUNTY, KANSAS
February 18, 2005	ADMIRAL BAY ACQUIRES 10,000 ACRE CBM PROJECT IN KANSAS • Development update on Shiloh and Devon projects
February 2, 2005	ADMIRAL BAY APPOINTS STEVEN TEDESCO PRESIDENT AND C.O.O. • Company buys minority 10% interest in U.S. projects
February 1, 2005	ADMIRAL BAY PROVIDES UPDATE ON ITS OPERATIONS IN THE UNITED STATES, ONTARIO AND MEXICO • Independent resource evaluation by Questa Engineering confirms potential for over 159 BCF of Proved, Probable and Possible recoverable reserves at three projects
January 24, 2005	ADMIRAL BAY COMPLETES $12 MILLION PRIVATE PLACEMENT FINANCING • Conference call to review Company progress; to be held on Wednesday February 2nd at 10:00 am Eastern Standard Time
January 10, 2005	ADMIRAL BAY ANNOUNCES $12 MILLION PRIVATE PLACEMENT
January 5, 2005	ADMIRAL BAY ANNOUNCES INDICATED OIL WELL AT SWORDFISH PROJECT IN EASTERN KANSAS • Questa Engineering Corporation contracted to do reserve report
December 21, 2004	ADMIRAL BAY BEGINS DRILLING AT THE SWORDFISH PROJECT IN EASTERN KANSAS • Twelve well joint venture program initiated
December 16, 2004	ADMIRAL BAY BEGINS PRODUCTION AT ITS DEVON PROJECT IN KANSAS • Company acquires additional acreage at Revloc Project in Pennsylvania
December 10, 2004	ADMIRAL BAY EXPANDS DISCLOSURE
December 6, 2004	ADMIRAL BAY BEGINS WINTER DRILLING PROGRAM AT ITS MOOSE RIVER COAL BED METHANE PROJECT IN NORTHERN ONTARIO • Targeting 12 holes over breadth of 250,000 acre Moose River project
November 23, 2004	ADMIRAL BAY ANNOUNCES DRILLING OF 8 NEW WELLS AT ITS CHEROKEE BASIN PROJECTS IN EASTERN KANSAS, USA • 39 wells completed and being connected to the pipeline
November 1, 2004	ADMIRAL BAY APPOINTS VICE-PRESIDENT OF ENGINEERING • Senior coal bed methane engineer to accelerate production
October 18, 2004	ADMIRAL BAY APPOINTS DON PARKER TO BOARD OF DIRECTORS • Admiral Bay closes C$1.4 Million Financing
October 7, 2004	ADMIRAL BAY COMPLETES DRILLING OF 4 NEW COALBED METHANE WELLS AT ITS DEVON PROJECT IN KANSAS
October 1, 2004	ADMIRAL BAY TO BE INCLUDED IN STANDARD & POOR'S MARKET ACCESS PROGRAM • Company shares to be cleared for secondary trading in 37 US states
September 13, 2004	ADMIRAL BAY ANNOUNCES RESULTS OF COALBED METHANE DESORPTION TESTING AT ITS DEVON AND SHILOH PROJECTS, LOCATED IN THE CHEROKEE BASIN, EASTERN KANSAS
September 2, 2004	ADMIRAL BAY TO SUBSTANTIALLY INCREASE LAND POSITION IN JALISCO STATE, MEXICO• Admiral Bay announces that it has suspended joint venture with Minera San Jorge at Monte Del Favor in Mexico
August 13, 2004	ADMIRAL BAY CLOSES FINANCING FOR $400,000
August 5, 2004	ADMIRAL BAY PROVIDES UPDATE ON OPERATIONS IN THE UNITED STATES, CANADA AND MEXICO • Conference call to review operations Thursday August 5th; 11:00 am Eastern Standard Time
July 27, 2004	ADMIRAL BAY BEGINS INITIAL PRODUCTION FROM ITS OIL & GAS OPERATIONS IN THE CHEROKEE BASIN, KANSAS, USA • Announces August 5th conference call to provide in-depth update to shareholders
June 29, 2004	ADMIRAL BAY ANNOUNCES FINAL PHASE I DRILL RESULTS FROM MONTE DEL FAVOR SILVER PROJECT IN MEXICO • Results show mineral extensions to the east and west; final report and Phase II program recommendation underway • $2,000,000 Private placement financing
June 1, 2004	ADMIRAL BAY COMPLETES SEISMIC PROGRAM AT ITS SANTA RITA PROJECT IN KANSAS, AND ACQUIRES 3,800 ACRES AT THE REVLOC PROJECT IN PENNSYLVANIA
May 26, 2004	ADMIRAL BAY ANNOUNCES GAS AND OIL DISCOVERIES MADE AT THE SHILOH PROJECT, IN THE CHEROKEE BASIN, KANSAS
April 27, 2004	ADMIRAL BAY IDENTIFIES 943 MILLION CUBIC FEET OF POTENTIAL RESERVES ON ITS PROJECTS IN THE UNITED STATES • Estimated potential reserves of 943 million cubic feet at the Lemert #1 Well at the Swordfish Project in Chautauqua County, Kansas
April 22, 2004	ADMIRAL BAY PROVIDES UPDATE ON DRILLING IN KANSAS AND UTAH • Company begins production in Utah and Kansas • Investor Conference Call, 11:00 a.m. EST, Thursday, April 22nd
April 19, 2004	ADMIRAL BAY PROVIDES PROGRESS REPORT ON PHASE I PROGRAM AT MONTE DEL FAVOR SILVER PROJECT IN MEXICO • Phase I update includes trench panel sampling and drilling results • Conference call to review operations scheduled for 11:00am, Thursday, April 22nd
March 25, 2004	ADMIRAL BAY COMPLETES TWO GAS PRODUCING TEST WELLS AT ITS QUEST PROJECT IN UTAH AND THE COMPLETION OF TWO COAL BED METHANE WELLS AT ITS DEVON PROJECT IN KANSAS • Company to re-activate 15 shut-in wells at its Shiloh and Swordfish projects
March 15, 2004	ADMIRAL BAY COMPLETES SECOND WELL AT THE QUEST PROJECT IN UTAH AND BEGINS DRILLING OF FIRST WELL AT ITS DEVON PROJECT IN CHEROKEE BASIN, KANSAS
March 8, 2004	ADMIRAL BAY ACQUIRES MORE ACREAGE AT ITS SHILOH PROPERTY IN THE CHEROKEE BASIN, KANSAS
March 5, 2004	ADMIRAL BAY'S FIRST WELL AT QUEST PROJECT IN UTAH FLOWS AT 1 MILLION CUBIC FEET PER DAY • Second well at Kicker Field in Uintah Basin spudded early this morning
March 2, 2004	STEVEN TEDESCO JOINS ADMIRAL BAY BOARD
February 25, 2004	ADMIRAL BAY BEGINS AGGRESSIVE DRILLING PROGRAM IN THE UNITED STATES • First spudded well in Utah to begin Company's drive towards production target of 2.5 million cubic feet of gas per day by June 2004
February 23, 2004	ADMIRAL BAY ACQUIRES 90% WORKING INTEREST IN 35,000+ ACRE SWORDFISH GAS PROJECT IN THE CHEROKEE BASIN • Two shut-in wells capable of producing 200 Mcf of gas per day to be re-activated
February 12, 2004	ADMIRAL BAY'S MOOSE RIVER BASIN TEST WELL INTERSECTS 17.0 METRE COAL BED • Coal intersection 3 times greater than discovery hole in 2003; gas desorption continues
February 4, 2004	ADMIRAL BAY ACQUIRES INTEREST IN QUEST PROJECT, UTAH • Four Development Wells to Commence Prior to March, 2004
January 27, 2004	ADMIRAL BAY ANNOUNCES INITIAL DRILLING RESULTS AT ITS MONTE DEL FAVOR SILVER-GOLD PROJECT
January 22, 2004	INVITATION TO ADMIRAL BAY'S ANNUAL GENERAL MEETING
January 20, 2004	ADMIRAL BAY SURFACE GAS SURVEY IDENTIFIES FOUR STRONG ANOMALIES AT MOOSE RIVER
January 13, 2004	Admiral Bay Provides Drill Program Update on Coalbed Methane Gas Projects in Canada & the U.S., and Silver-Gold Property in Mexico
December 17, 2003	DRILLING OF TEST WELL BEGINS ON WEST OF GENTLES - Admiral Bay Commences Phase II Drilling Program, at the Moose River Basin CBM Project
December 15, 2003	ADMIRAL BAY TO ACQUIRE U.S. COALBED METHANE (CBM) PROJECTS - Forms U.S. Subsidiary and purchases three coalbed methane projects in the Mid-Continent and Eastern US - Potential for Q1 2004 CBM-Gas Production
December 9, 2003	UPDATE ON MONTE DEL FAVOR SILVER-GOLD PROJECT - Surface exploration program consistent with existing historical resource; potential zone extensions
December 4, 2003	ADMIRAL BAY ACQUIRES GARDEN PROPERTY AT THE MOOSE RIVER BASIN COALBED METHANE PROJECT - LAND POSITION INCREASED TO 257,680 ACRES
December 1, 2003	ADMIRAL BAY COMPLETES 231,440 ACRE STAKING PROGRAM AT THE MOOSE RIVER BASIN CBM PROJECT - COMMENCES SURFACE GAS SURVEY
November 20, 2003	DRILLING COMMENCES AT THE MONTE DEL FAVOR SILVER-GOLD PROJECT
November 20, 2003	COMPANY CLOSES FINANCINGS FOR AN ADDITIONAL $1,000,000
November 13, 2003	COMPANY CLOSES FINANCINGS FOR $5,000,000
November 11, 2003	STEVEN TEDESCO APPOINTED INAUGURAL MEMBER TO ADMIRAL BAY TECHNICAL ADVISORY BOARD
November 3, 2003	EDDY CANOVA APPOINTED VICE-PRESIDENT EXPLORATION - MEXICO
October 16, 2003	ADMIRAL BAY ANNOUNCES FINANCINGS OF UP TO $6 MILLION
October 7, 2003	EXPLORATION RESULTS AT MONTE DEL FAVOR EXTEND VEIN SYSTEM CONTINUITY - Five Silver-Gold Veins Traceable at Surface for Over 1 Kilometer
September 23, 2003	Admiral Bay Closes $1 Million Private Placement - Aggressive development program planned on both properties
August 27, 2003	ADMIRAL BAY APPOINTS MARK BRENNAN PRESIDENT AND C.E.O. - Company to raise $1 Million by way of Private Placement
August 5, 2003	Admiral Bay Initiates US$400,000 Exploration Program at its Silver Project in Mexico
July 11, 2003	TSX Approves $1.4 million Private Placement and Mexican Property Acquisition - Work to Commence on Monte del Favor Gold-Silver Project, Mexico
June 6, 2003	Private Placement Completes for $1.4 Million
May 21, 2003	Test Well Confirms CoalBed Methane at Moose River Basin Project
April 23, 2003	Private Placement Increased - up to $2,000,000
April 14, 2003	Company to Acquire Monte del Favor Gold/Silver Project in Mexico
March 26, 2003	Financial Results for the Six Months Ending January 31, 2003
March 24, 2003	Initial Test Well Completed on James Bay Lowlands CoalBed Methane Project
March 14, 2003	$595,000 Private Placement Announced
March 4, 2003	Drilling Begins on the James Bay Lowlands CoalBed Methane Project
February 27, 2003	Company Signs Investor Relations Agreements
February 5, 2003	Drilling to Commence on James Bay Lowlands
January 29, 2003	New Director Joins the Board
December 24, 2002	Corporate Update
December 12, 2002	James Bay Lowlands Coal Bed Methane Project Update
October 3, 2002	Corporate Update

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