Project Update

RNS Number:7006R
Wham Energy plc
26 September 2005



The 'Project Update' announcement for Wham Energy PLC released on 26 September
2005 at 07:01  under RNS No 7006R has been re-released to facilitate onward 
transmission by third party vendors.


The announcement is unchanged and is reproduced in full below.



                  DRILLING TO COMMENCE ON PROMETHEUS PROSPECT

WHAM Energy plc is pleased to announce that it has been advised by Centrica plc
that the Ensco 101 jack-up drilling rig is on location and is expected to start
drilling the Prometheus prospect on exploration licence P1132 covering blocks 
42/21 and 42/22 of the Southern North Sea. Drilling is expected to take
approximately 40 days.

WHAM Energy has a 20% working interest in the licence and is being carried
through the drilling costs by Centrica plc. The well is planned to test a gas
prospect in the Permian Leman sands at an approximate depth of 2745 metres.


Tom Windle, Chief Executive of WHAM, commented,

" WHAM has long pursued this prospect and is very pleased to see it drilled. It
is a vindication of the DTI's Promote Licence round initiative, having acquired
the prospect in the 21st licensing round. Now that we have achieved this goal we
are vigorously developing additional drilling opportunities on our 22nd Promote
licence awards.

" Since WHAM incorporated in early 2003, we have come a long way having acquired
10 licences with a number of potentially very attractive prospects; been awarded
an additional three blocks in the recent 23rd Licence Round; successfully
launched on the AIM market; and now we are participating in a very exciting
well."

                                        - ends -


Date: 26 September 2005
For further information contact:

WHAM Energy plc
Tom Windle                                020 7738 8730
                                          
Bridgewell Securities Limited
Greg Aldridge/Andrew Matharu              020 7003 3000

cityPROFILE
Oliver Winters                            020 7448 3244






                      This information is provided by RNS
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