Westbow Energy Inc. Extends Closing of Debenture Financing

Westbow Energy Inc. ("Westbow" or the "Company") (TSX VENTURE:WBW) announces
that it is extending the closing date of its non brokered financing via Offering
Memorandum of up to 4,000 10.5% Redeemable Retractable Subordinated Debentures
at a price of $1,000 per Debenture, for maximum gross proceeds of $4,000,000,
from January 31, 2008 to February 29, 2008.


To date, three interim closings of the debenture offering have resulted in the
sale of 2,054 debentures for gross proceeds to the Company of $2,054,000 and net
proceeds after agents fees, of $1,889,680.


Proceeds of the offering will be used to reduce the Company's long term debt and
bank debt and for general corporate purposes.


Certain statements contained herein constitute forward-looking statements. The
use of any of the words "anticipate", "estimate", "expect", "may", "will",
"project", "should", "believe", and similar expressions are intended to identify
forward-looking statements. 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. The
Corporation believes the expectations reflected in those forward-looking
statements are reasonable but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements included in this
report should not be unduly relied upon. These statements speak only as of the
date of this presentation. The Corporation does not undertake any obligation to
publicly update or revise any forward-looking statements.