Blackpool drills at Dimsdale

    CALGARY, March 21 /CNW/ - Blackpool Exploration Ltd. has entered into an
agreement with participants to drill a test well on Company lands in the Grand
Prairie area of northwestern Alberta. The prospect lands offset a gas pool
which has produced more than 50 billion cubic feet of natural gas from a
sandstone reservoir in the Cretaceous age Paddy Formation. The best well in
this Paddy gas pool directly offsets Company lands, has produced more than
20 billion cubic feet, and has yielded gas at maximum daily rates exceeding
15 million cubic feet. A recently drilled well, also offsetting Company lands,
has penetrated a sandstone reservoir in the Paddy Formation with six metres of
gas pay. Based on stratigraphy, this well supports the possibility of a new
gas pool underlying Blackpool lands. Additional potential for natural gas and
oil could also be encountered in the Charlie Lake and Halfway Formations. The
test well, to be drilled at an up dip location, should reach total depth
before the end of March 2007. The Company will retain a working interest of
27% in the project.

    BOEs may be misleading, particularly if used in isolation. A BOE
    conversion ratio of 6 mcf: 1bbl is based on an energy equivalency
    conversion method primarily applicable at the burner tip and does not
    represent a value equivalency at the wellhead.

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

For further information:

For further information: Ron Shepherd, President, Blackpool Exploration
Ltd., phone: (403) 266-0955, fax: (403) 266-1955, email or;
Beaumont Capital Investor Relations, (403) 668-4880, email

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