Longbow Resources Engages CB Securities

Longbow Resources Inc. (TSX VENTURE:LBR) ("Longbow" or the "Company") wishes to
announce that it has retained CB Securities Inc. to assist Longbow in
identifying and evaluating all available strategic alternatives available to the
Company to maximize shareholder value. The Company believes that the current
trading price of its shares does not reflect the underlying value of the
Company's assets.


This review of strategic alternatives will include the consideration of a number
of transactions, including a sale, merger or recapitalization of the Company. No
decision on any particular alternative has been reached at this time and there
can be no assurance that any transaction will be entered into or completed as a
result of the engagement of CB Securities.


CB Securities (formerly Collins Barrow Securities Inc.) has extensive experience
in divestitures, mergers and acquisitions in the oil and gas industry acting to
optimize corporate value.


Longbow is a junior oil and natural gas company based in Calgary, Alberta with
properties located in Alberta, British Columbia and Saskatchewan.


Certain statements contained herein may constitute forward-looking statements.
These statements relate to future events or our future performance. All
statements other than statements of historical fact may be forward-looking
statements. Forward-looking statements are often, but not always, identified by
the use of words such as "seek", "anticipate", "plan", "continue", "estimate",
"expect", "may", "will", "project", "predict", "potential", "targeting",
"intend", "could", "might", "should", "believe" and similar expressions. These
statements involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those anticipated
in such forward-looking statements. We believe that the expectations reflected
in the forward-looking statements are reasonable based upon management's current
views but no assurance can be given that these expectations will prove to be
correct and such forward-looking statements should not be unduly relied upon. No
assurance can be given that actual results, performance or achievement expressed
in, or implied by these forward-looking statements will occur, or if they do,
that any benefits may be derived from them. Past results have been applied in
drawing a conclusion or making a forecast or projection set out in the
forward-looking information. The term barrels of oil equivalent ("boe") may be
misleading, particularly if used in isolation. A boe conversion ratio of six
thousand cubic fee per barrel (6mcf/bbl) of natural gas to barrels of oil
equivalence is based on an energy equivalency conversion method primarily
applicable at the burner tip and does not represent a value equivalency at the
wellhead. All boe conversions herein are derived from converting gas to oil in
the ratio mix of six thousand cubic feet of gas to one barrel of oil.