Cork Exploration Inc. amends press release earlier today



    CALGARY, June 29 /CNW/ - Cork Exploration Inc. (the "Corporation" or
"Cork") (TSX: CRK) today amended its press release issued earlier today (the
"Previous Press Release") with respect to revision to 2007 guidance.
    In the last sentence under "Revision to 2007 Guidance" it was stated
"Further, the Corporation has reduced its 2007 exit production guidance to
approximately 3,000 boe/d from previous 2007 average guidance of between 3,500
boe/d and 4,000 boe/d."
    This should have stated that the previous 2007 exit production guidance
was between 4,000 boe/d and 4,500 boe/d. As a result, the last sentence of
that section should have read as follows: "Further, the Corporation has
reduced its 2007 exit production guidance to approximately 3,000 boe/d from
previous 2007 exit production guidance of between 4,000 boe/d and 4,500
boe/d."

    Cork Exploration Inc. is a Canadian junior oil and gas company engaged in
the exploration, development and production of natural gas in the Western
Canadian Sedimentary Basin. The Corporation currently has 51.1 million shares
common shares outstanding and 9.8 million stock options and performance
warrants outstanding.

    %SEDAR: 00023712E




For further information:

For further information: Cork Exploration Inc., 380, 435 - 4th Avenue
S.W., Calgary, Alberta, T2P 3A8, Raymond Smith, Interim President, CEO and
Chairman of the Board; Or Geoffrey D. Krause, Vice-President Finance and CFO,
Telephone: (403) 531-1695, Fax: (403) 531-1696, Website:
www.corkexploration.com

Organization Profile

CORK EXPLORATION INC.

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