Buffalo Updates Drilling Operation

Buffalo Resources Corp. ("Buffalo" or the "Company")(TSX VENTURE:BFR) wishes to
announce the completion of the drilling phase on its Pincher Creek 13-28
Mississippian horizontal well. The well, spudded on March 8, 2008, was drilled
to a vertical depth of 3,742 metres. Subsequently, two separate horizontal legs
were drilled into the Mississippian formation for a total of 671 metres. The
horizontal sections of the wellbore were drilled under-balanced with natural
gas, utilizing a closed system to recover all produced hydrocarbons. Natural gas
from the Mississippian formation was encountered throughout the under-balanced
horizontal drilling operation.


While drilling at approximately the 280 metre point in the second horizontal
leg, the drill string parted in the vertical cased section of the wellbore.
Buffalo has recovered all but the bottom 35 metres of drillpipe from the
wellbore and drilling operations have been terminated.


Operations will now focus on completion, stimulation and tie-in of the 13-28
well for production testing.


This news release contains forward-looking statements which involve known and
unknown risks, delays and uncertainties not under Buffalo's control which may
cause actual results, performance or achievements of Buffalo to be materially
different from the results, performance or expectations implied by these
forward-looking statements. Forward-looking statements such as the estimates of
reserves, are based on the opinions and estimates at the date the statements are
made, and are subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from those
anticipated in the forward-looking statements. In addition, there are numerous
uncertainties inherent in estimating reserves, including many factors beyond
Buffalo's control, and no assurance can be given that the indicted level of
reserves or the recovery thereof will be realized. In general, estimates of
reserves are based upon a number of factors and assumptions made as of the date
on which the estimates were determined, such as geological and engineering
estimates which have inherent uncertainties. Further, estimates of net present
value do not represent fair market value. Buffalo undertakes no obligation to
update forward-looking information if circumstances or management's estimates or
opinions should change except as required by law. The reader is cautioned not to
place undue reliance on forward-looking statements.