| ||April 11, 2005|
MBA Energy Commences Completion of First New Brunswick Well
| ||April 11, 2005, (Vancouver, British Columbia) MBA Energy Corporation a wholly owned subsidiary of MBA Gold Corp. (TSX-V: MBA) is pleased to announce that completion operations have commenced on the Contact MBA Gautreau F-59-2328 well that was drilled to the planned total depth of 564 meters in February 2005. Completion operations, which will include perforating and testing at least 2 prospective hydrocarbon zones, are anticipated to take approximately 2 weeks.|
The Gautreau well was designed to twin a gas well that was drilled and tested in 1958. The 1958 well had oil shows and gas flow rates of approximately 700 thousand cubic feet per day from multiple zones. Upon completion of the Gautreau well, MBA will earn a 50% working interest in the well and 3 sections of surrounding land, as well as the right to participate in future prospects in the region.
MBA Energy Corporation is a wholly-owned subsidiary of MBA Gold Corp., a natural resource company whose strategy is to acquire a portfolio of properties that have indicated resources and require further exploration or development work. MBA will add value to these projects by providing capital, exploration expertise and where justified, development and production planning.
For more information, contact Mr. Cam White at 604-707-0373.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the accuracy or the adequacy of this press release.
Visit our website at www.mbagold.com
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