WW Energy Announces Update on Texas and New Mexico Properties

  
    
  
  
    
      WW Energy (Pink Sheets: WWNG) announces the third well on the Gray 
      Property to be re-entered and completed to produce oil and gas, using 
      the same method that is being proposed on the existing two wells. This 
      should increase the production by 25%-35%. When this well was 
      commercially producing, it was producing 35 bbls. of oil per day.
    
    
      WW Energy intends to do an additional study on the southern New Mexico 
      oil and gas leases that would include Seismic, Geological and 
      Physiological Surveys to determine the feasibility of drilling a very 
      high-risk wildcat exploratory test well.
    
    
      The potential for this well, if proven, would bear an enormous return. 
      So, if we go forward with drilling arrangements and it proves to be a 
      non-productive event, it would result in a total loss of infused 
      capital, or potentially give the company and shareholders a major oil 
      and gas discovery.
    
    
      Forward-Looking Statements 
    
    
      This press release contains "forward-looking statements" within the 
      meaning of the Private Securities Litigation Reform Act of 1995. 
      Statements in this release that are forward-looking statements are based 
      on current expectations and assumptions that are subject to known and 
      unknown risks, uncertainties, or other factors which may cause actual 
      results, performance, or achievements of the company to be materially 
      different from any future results, performance, or achievements 
      expressed or implied by such forward-looking statements. Actual results 
      could differ materially because of factors such as the effect of general 
      economic and market conditions, entry into markets with vigorous 
      competition, market acceptance of new products and services, continued 
      acceptance of existing products and services, technological shifts, and 
      delays in product development and related product release schedules, any 
      of which may cause revenues and income to fall short of anticipated 
      levels. All information in this release is as of the date of this 
      release. The company undertakes no duty to update any forward-looking 
      statement to conform the statement to actual results or changes in the 
      company's expectations.