Gulf Western Petroleum Announces Fourth Shamrock Well Test

    Red Breast No. 1 Flow Tests at 315 MCFD

    HOUSTON, TX, Nov. 6 /CNW/ - Gulf Western Petroleum Corporation ("Gulf
Western") (OTCBB: GWPC / Frankfurt: GER), is pleased to announce flow test
results of the Red Breast No. 1 gas unit. The operator has advised Gulf
Western that the Red Breast No. 1 well stabilized at a flow rate of 315 mcfd
with a (FTP) Flowing Tubing Pressure of 1220 psi. The Red Breast No. 1 was
drilled to a total depth of 3120' and completed from 2896' to 2906'.
    The Shamrock Project, located in Dewitt County, Texas is a five (5) well
Frio-age prospect identified through newly acquired 3-D seismic. The Project
target formation is the Jameson Sand at approximately 3200 feet. Frio-age
wells have proven to be prolific natural gas producers throughout the Texas
Gulf Coast region. Typical Frio wells produce at approximately 200 to 300 Mcf
per day with estimated total recoverable reserves of approximately 500 million
cubic feet to 1 Billion cubic feet.
    Gulf Western currently has four of the five wells completed and tested.
These wells are the Polinard-Lee No. 1 well; the Miller-Thomas No. 1 well; the
Bushmill No. 1, and the Red Breast No.1. All four wells flow tested in excess
of 300 Mcfd and are awaiting meters to be set at the delivery point of the
    The Michael Collins No. 1 gas unit, the fifth and final well to be
drilled in this project has reached TD at 3126' and is currently undergoing
completion and testing.

    This press release may include forward-looking statements based on the
Company's current expectations as to future events. The forward-looking events
and circumstances discussed in this press release might not occur, and actual
results could differ materially from those anticipated or implied in the
forward-looking statements. For example, the extraction and sale of natural
gas from the wells involves a number of costs and risks, which may limit our
ability to generate cash flow from the wells. In addition, the business of
Gulf Western Petroleum Corporation is subject to a number of risks typical of
an oil and gas exploration and development company including, among other
things, the inherent uncertainties associated with oil and gas exploration;
laws, environmental, judicial, regulatory, political and competitive
developments in areas in which Gulf Western Petroleum Corporation operates;
and technological, mechanical and operational difficulties encountered in
connection with Gulf Western Petroleum Corporation's activities.

For further information:

For further information: Company: Gulf Western Petroleum Corporation:
Sam Nastat, President & Director, Telephone: (713) 355-7001,; North America: RedChip Companies, Inc., Investor
Relations, (800) REDCHIP,,; Canada: Renmark
Financial Communications, Jason Roy, Telephone: (514) 939-3989,,; Europe: Vicarage Capital
Limited, London England, (44) (0) 207 060 1303,

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