CALGARY, Alberta and DENVER, April 11 /PRNewswire-FirstCall/ -- Storm Cat Energy Corporation (the "Company") (AMEX:SCU)(TSE:SME) announces that it has filed its 2005 year-end reserves information in accordance with National Instrument 51-101. Estimates of reserves and projections of production were based on an independent reserves evaluation prepared for the Company by Netherland Sewell and Associates using data to December 31, 2005. The evaluation was prepared in accordance with standards set out in the Canadian Oil and Gas Evaluation Handbook (the "COGE Handbook"). The Company has also filed Form 20F along with its annual financials. A copy of the reserve report, Form 20F and the annual financials filed by the Company are available on SEDAR at http://www.sedar.com/ under the profile for the Company.
About Storm Cat Energy Storm Cat Energy is an independent oil and gas company focused on the pursuit, exploration and development of large unconventional gas reserves from fractured shales, coal beds and tight sand formations. The Company has producing properties in Wyoming's Powder River Basin, exploration and development acreage in Canada and Alaska. The Company's shares trade on the American Stock Exchange under the symbol "SCU" and in Canada on the TSX Venture Exchange under the symbol "SME." By Order of the Board of Directors
Storm Cat Energy Corporation J. Scott Zimmerman
President and Chief Executive Officer /s/ J. Scott Zimmerman Forward-looking Statements
CAUTIONARY STATEMENT: This publication contains certain "forward-looking statements", as defined in the United States Private Securities Litigation Reform Act of 1995 relating to matters such as the Company's drilling and other exploration plans, and projected well economics. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of Storm Cat's management on the date the statements are made; they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Storm Cat undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include, but are not limited to the volatility of natural gas prices, the possibility that exploration efforts will not yield economically recoverable quantities of gas, accidents and other risks associated with gas exploration and development operations, the risk that the Company will encounter unanticipated geological factors, the Company's need for and availability of additional financing, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration and development plans, and the other risk factors discussed in greater detail in the Company's various filings on SEDAR with Canadian securities regulators and its filings with the U.S. Securities and Exchange Commission, including the Company's Form 20-F dated April 6, 2006.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
--30-- DATASOURCE: Storm Cat Energy Corporation CONTACT: Scott Zimmerman, President and Chief Executive Officer, or Paul Wiesner, Chief Financial Officer, both of Storm Cat Energy Corporation, 87-STORMCAT Web site: http://www.stormcatenergy.com/
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