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From the Wires
Probe Announces Gas Discovery at East Cameron 36

By: Marketwire .
Aug. 25, 2008 12:01 AM

THE WOODLANDS, TEXAS -- (Marketwire) -- 08/25/08 -- Probe Resources Ltd. (the "Company" or "Probe") (TSX VENTURE: PBR) announced today that it has discovered commercial reserves in multiple horizons in its East Cameron 36 No. 1 well located in the U.S. Gulf of Mexico. The well was spud on August 5, 2008 and was drilled under budget to a total depth of 10,450 feet. Production casing will be run in the well, a caisson will be over-driven, and a caisson deck will be installed. Production from the field is expected to commence in the fourth quarter of 2008. Additional drilling in the field will also commence in 2008.

Scott Broussard, Chairman and CEO of Probe, commented; "We are pleased that our 2008 Drilling Program commenced with a successful gas discovery that was consistent with our expectations which are fully described in the Company's National Instrument 51-101 report filed June 5, 2008 and available for review at www.sedar.com and on the Company's website."

In addition, the Company expects to mobilize the Blake 303 rig to the East Cameron 246 location within the next several days. Probe also has a drilling rig under contract to drill its South Timbalier 214 well which is currently expected to spud in mid September, 2008.

About Probe Resources Ltd.

The Company along with its wholly owned subsidiary Probe Resources US Ltd. located in The Woodlands, Texas, is an oil and natural gas exploration and production company focused on generating, acquiring, developing, and operating drilling prospects within the Texas and Louisiana Outer Continental Shelf of the Gulf of Mexico.

ON BEHALF OF PROBE RESOURCES LTD.

Scott Broussard, Chief Executive Officer and Chairman of the Board

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities in the United Sates. The Units have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Statements in this press release may contain forward-looking information including expectations of future operations (including drill rig commitments and use of proceeds), commerciality of any gas discovered, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.



The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Probe Resources Ltd.
Scott Broussard
Chief Executive Officer and Chairman of the Board
(281) 210-1170
Email: sbroussard@probe-resources.com
Website: www.probe-resources.com

Published Aug. 25, 2008
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