Buffalo Consolidates Pincher Creek Interests

Buffalo Resources Corp. ("Buffalo" or the "Company") (TSX VENTURE:BFR) wishes to
announce that it has completed the purchase of an additional 25% working
interest in the Pincher Creek gas field for a price of $6.8 million. Buffalo
acquires approximately 120 boe/d of production at a price of $7.00 per boe of
proved reserves or $6.40 per boe of proved plus probable reserves. Buffalo now
has a 100% working interest in substantially all of the Pincher Creek field.


Bill Trickett, the Company's CEO, commented, "We are encouraged by the recent
interest in the Pincher Creek area by major industry players and having full
control of this property will allow Buffalo to expedite development of the deep
Mississippian gas as well as the exciting new Cretaceous play in the area".


Buffalo is a Canadian junior oil and gas company engaged in the exploration,
development and production of oil and gas reserves in the provinces of Alberta
and Saskatchewan.


Certain information set forth in this press release contains forward looking
statements. Readers are cautioned that the assumptions used in the preparation
of such information, although considered reasonable at the time of preparation,
may prove to be imprecise and, as such, reliance should not be placed on
forward-looking statements. Buffalo's actual results, performance or
achievements could differ materially from those expressed in, or implied by,
these forward-looking statements and accordingly, no assurance can be given that
any of the events anticipated by the forward-looking statements will transpire
or occur, or if any of them do so, what benefits Buffalo will derive therefrom.
Buffalo disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. 


Barrels of oil equivalent (Boe's) may be misleading, particularly if used in
isolation. A boe conversion ratio of 6 Mcf of gas = 1 Bbl of oil is based upon
an energy equivalency conversion method primarily applicable at the burner tip
and does not represent a value equivalency at the wellhead.