Cascadia Acquires Prospective Oil and Gas Rights

Cascadia Resources Inc. ("Cascadia") (TSX VENTURE:CCR) is pleased to announce
that it has entered in a Purchase and Sale Agreement and two Farm-In Agreements
with various operators to explore and develop resource style oil and gas plays
in Alberta and Saskatchewan.


Cascadia purchased a 100% working interest ("w.i.") in two sections in the East
Pembina area of Alberta with mineral rights from base of Cardium to basement
pursuant to the Purchase and Sale Agreement. A recent crown auction adjacent to
the two section parcel sold for $2,200 per hectare from base of Cardium to the
base of Mannville.


The first Farm-in Agreement signed with a private company in which Cascadia
currently owns 5% of the outstanding common shares of, is in a highly
perspective area of Western Saskatchewan, targeting the Bird Bear formation. The
terms of the farm-in require Cascadia to drill and core a vertical well in the
Bird Bear formation to earn a 70% w.i. in one section and up to 70% in an
additional four sections. The core taken from the well will be analyzed and
Cascadia will commence a horizontal drill program in the pool if the results are
as expected. A location has been surveyed and a drilling rig secured, with plans
to commence drilling in September. Cascadia will be the operator of the well and
lands. The Bird Bear formation is a developing resource play in west central
Saskatchewan.


In the second Farm-in Agreement, Cascadia has farmed in on one and one half
(11/2) sections of land in the Edson area of Alberta. The terms of the farm-in
require Cascadia to drill and complete (in one zone) a vertical test well to
earn a 50% w.i. in the lands. The area is characterized by multiple zones, and
horizontal drilling is utilized by operators in the area in several of those
zones. A location has been surveyed and a drilling rig secured to drill the
earning location by the end of October. Internal geological interpretation of
the land suggests that a number of horizontal wells could be drilled on this
acreage in the Notikiwin and Cardium formations. Cascadia will be the operator
of the lands.


The planned drilling program will be financed with existing funds.

For further information, please contact Gordon Bowerman, President and CEO at
[phone].