Gulf Western Petroleum Corporation Appoints Vicarage Capital Limited as Financial Advisor

    HOUSTON, TX, Oct. 1 /CNW/ - Gulf Western Petroleum Corporation ("Gulf
Western") (OTCBB: GWPC/Frankfurt: GER), is pleased to announce that on
October 1, 2007 it appointed Vicarage Capital Limited ("VCL") as its Strategic
Financial Adviser. VCL acted as broker to Gulf Western in its recent
US$3,700,000 financing, and as Strategic Adviser will assist Gulf Western
Petroleum to secure its future capital requirements.
    Sam Nastat, Gulf Western President and Director stated, "We are very
pleased by the rapid progress that Gulf Western is making and the appointment
of VCL as our Strategic Financial Adviser is another step towards financing
the further development of our significant assets in the southern states of
the U.S.".

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,,; Europe: Vicarage
Capital Limited, London, England, (44) (0) 207 060 1303,

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