Enhanced Oil Resources Inc. Provides Milnesand CO(2) Pilot Update



    HOUSTON, April 22 /CNW/ - Enhanced Oil Resources, Inc. (TSX-V: EOR) today
provides the following update on the Milnesand CO(2) Pilot.
    Since September 1st, 2008, approximately 80 million cubic feet (MMCF) of
CO(2) has been injected in the Company's 40-acre, 5-spot test pattern. Current
oil production attributed to CO(2) injection is 33-38 BOPD and the trend
continues to improve. Through injection optimization, the Company continues to
find the current oil response encouraging and ahead of the initial modeled
predictions. Based on this response, the Company's technical team estimates
the CO(2) pilot is close to reaching its intended objective of proving the
applicability of tertiary oil recovery at the Company's wholly owned 6,800
acre Milnesand San Andres Field. The initial CO(2) slug injection phase is
expected to reach completion by the beginning of Q3 2009 where it will then
switch to the water-alternating-gas (WAG) phase evaluation stage of the CO(2)
Pilot.
    The Milnesand San Andres CO(2) pilot flood is located approximately 8
miles south east of the Company owned Chaveroo San Andres Field. Together,
these two San Andres fields are located in Roosevelt and Chaves Counties, New
Mexico along the northern margin of the Permian Basin. Several ongoing San
Andres CO(2) floods are operating along the Texas side of the basin and the
Milnesand pilot is the first such CO(2) pilot to be initiated on the New
Mexico side. The Company's independent EOR consultants, Advanced Resources
International (ARI), completed a proprietary study of these fields for the
Company and in reports dated 7th January, 2007 and 9th October, 2007 has
estimated that these two San Andres fields could recover an additional 53
million barrels of oil using state of the art CO(2) injection processes. These
are categorized as contingent resources under NI51-101. ARI also estimates
that these fields have the potential, once fully flooded, to reach an EOR peak
production rate of over 15,000 barrels of oil per day. Under NI51-101,
Contingent Resources are those quantities of oil and gas estimated, on a given
date, to be potentially recoverable from known accumulations but currently not
considered proven.
    A brief overview and Milnesand CO(2) Pilot Summary is located on our
website. www.enhancedoilres.com.
    Additionally, the Company continues to see improvement in our overall oil
production with an average daily volume greater than 200 BOPD for
approximately the past 45 days through continued optimization of fluid levels
and well cycling.

    
    About Enhanced Oil Resources Inc.
    ---------------------------------

    Enhanced Oil Resources Inc. is an early-stage company, with two principal
business segments of

    (i)  Crude oil and natural gas production through enhanced oil recovery
         ("EOR") projects it is initiating in the Permian Basin on oil fields
         acquired by the Company in 2007 and 2008 for that purpose.

    (ii) Helium and CO(2) resource exploration and production through
         property interests it controls in approximately 251,000 gross acres
         of land within the St Johns Helium/CO(2) field in Arizona and New
         Mexico, and where the Company is developing what is thought to be
         the largest undeveloped helium and carbon dioxide field in North
         America.

    Forward-Looking Statement
    -------------------------
    

    Certain statements contained herein are forward-looking statements,
including statements relating to Enhanced Oil Resources' operations; business
prospects, expansion plans and strategies. Forward-looking information
typically contains statements with words such as "intends," "anticipate,"
"estimate," "expect," "potential," "could," "plan" or similar words suggesting
future outcomes. Readers are cautioned not to place undue reliance on
forward-looking information because it is possible that expectations,
predictions, forecasts, projections and other forms of forward-looking
information will not be achieved by Enhanced Oil Resources. By its nature,
forward-looking information involves numerous assumptions, inherent risks and
uncertainties. A change in any one of these factors could cause actual events
or results to differ materially from those projected in the forward-looking
information. Although Enhanced Oil Resources believes that the expectations
reflected in such forward-looking statements are reasonable, Enhanced Oil
Resources can give no assurance that such expectations will prove to be
correct. Forward-looking statements are based on current expectations,
estimates and projections that involve a number of risks and uncertainties
which could cause actual results to differ materially from those anticipated
by Enhanced Oil Resources and described in the forward-looking statements or
information. The forward-looking statements are based on a number of
assumptions which may prove to be incorrect. Readers should be aware that the
list of factors, risks and uncertainties set forth above are not exhaustive.
Readers should refer to Enhanced Oil Resources' current filings, which are
available at www.sedar.com, for a detailed discussion of these factors, risks
and uncertainties. The forward-looking statements or information contained in
this news release are made as of the date hereof and Enhanced Oil Resources
undertakes no obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future
events or otherwise, unless so required by applicable laws or regulatory
policies.

    
    ON BEHALF OF THE BOARD OF DIRECTORS

    (signed)
    Barry D Lasker, CEO

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    

    %SEDAR: 00004538E




For further information:

For further information: visit our Website at www.enhancedoilres.com or
please call Don Currie on 1-888-990-3551

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Enhanced Oil Resources Inc.

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