Brownstone's Llanos Block 21 Operator Abandons Calacho-1 and Rocamao-1 Wells

Brownstone Energy Inc. (TSX VENTURE:BWN)(OTCQX:BWSOF) ("Brownstone" or "the
Company") has been informed by Omega Energy Colombia, the operator of the Llanos
21 block in the Llanos basin in Colombia, that it has abandoned the Calacho No.
1 and the Rocamao No. 1 wells. The wells were part of a continuous two well
drilling and testing program carried out by the operator in fulfillment of the
exploration requirements on the block. Completion and testing of the wells was
delayed by a combination of weather conditions and blockades of industry access
roads in the area by local citizens.


The C7 formation in the Calacho No. 1 well was recently tested. During the test
period the C7 formation produced a total of 5857 barrels of fluid, consisting of
5669 barrels of water and 188 barrels of 35 degree API oil. The maximum fluid
production rate was approximately 1450 barrels per day. The testing program was
ended when the water cut reached 100%. With no further oil production, the
operator made the decision to abandon the well.


The C7 formation in the Rocamao No. 1 well was also tested. The C7 formation
produced 64 barrels of water in 3 hours at rates that fluctuated between 192 and
336 barrels of fluid per day. Total testing resulted in the production of 329
barrels of water with no oil produced and the decision was made by the operator
to abandon the well. With no oil produced, the operator made the decision to
abandon the well.


Brownstone has satisfied its financial obligations in respect of the block and
following the abandonment of both the Calacho No. 1 and the Rocamao No. 1 wells,
intends to terminate its remaining interest in the block.


About Brownstone  

Brownstone Energy Inc. is a Canadian-based, energy focused company with direct
interests in oil and gas exploration projects, including varying interests in
three off-shore Israel concessions and in three Colombian blocks in the Llanos
basin, as well as other oil and gas interests worldwide. By owning and managing
a diversified portfolio of energy-based projects, Brownstone provides
shareholders with a unique energy alternative. For additional information,
please see Brownstone's website: www.brownstoneenergy.com.


Cautionary Statements

This news release contains forward-looking information and forward-looking
statements within the meaning of applicable securities laws (together,
"forward-looking information"). The use of any of the words "expect",
"anticipate", "continue", "estimate", "believe", "plans", "intends",
"confident", "may", "objective", "ongoing", "will", "should", "project",
"should" and similar expressions are intended to identify forward-looking
information.


The forward-looking information is based on certain key expectations and
assumptions made by the Company, including expectations and assumptions
concerning the operational results in the U.S.A. Although the Company believes
that the expectations and assumptions on which the forward-looking information
are based are reasonable, undue reliance should not be placed on the
forward-looking information because the Company can give no assurance that they
will prove to be correct.


Since forward-looking information addresses future events and conditions, by its
very nature it involves inherent risks and uncertainties. Actual results could
differ materially from those currently anticipated due to a number of factors
and risks. These include, but are not limited to, the inherent risks involved in
the exploration and development of oil and gas properties, the uncertainties
involved in interpreting drilling results and other geological data,
uncertainties relating to fluctuating oil and gas prices, the possibility of
cost overruns or unanticipated costs and expenses and other factors including
unforeseen delays. Anticipated exploration and development plans relating to the
Company's properties are subject to change.


The foregoing list of assumptions, risks and uncertainties is not exhaustive.
The forward-looking information contained in this press release is made as of
the date hereof and Brownstone undertakes no obligation to update publicly or
revise any forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Brownstone Energy Inc.
Jonathan Schroeder, P. Geoph.
President and COO
[phone]
[e-mail]


Brownstone Energy Inc.
Gerry Feldman CPA, CA
CFO
[phone]
[e-mail]


Brownstone Energy Inc.
Richard Patricio
Vice-President Corporate and Legal Affairs
[phone]
[e-mail]
www.brownstoneenergy.com