Ridgeway Petroleum tests 2.1 mmcfpd from Amos Wash zone

    Listed: TSX Venture Exchange (Symbol: RGW)

    HOUSTON, April 10 /CNW/ - Ridgeway Petroleum Corp. (the "Company") is
pleased to provide an update to the 12 well winter drilling program initiated
earlier this year.
    To date, the Company has completed the drilling of 5 wells and is
currently engaged in drilling operations on 3 additional wells. In addition,
the Company has completed testing on four of the wells and is continuing with
test operations on one other well.
    Since the last update of March 21, 2007 the Company has completed testing
of the Amos Wash zone in the 11-29-30 well that had previously tested gas from
the Ft Apache formation. The well was open hole tested over the Amos Wash
interval from 1,740ft to 1,907ft at a stabilized, natural rate of 2.1mm cubic
feet per day. The results of this well have confirmed that the deliverability
of the Amos Wash interval over this part of the field is exceptional and that
the current air drilling method is improving productivity. This is the highest
natural flow rate achieved in the field to date and augers well for future
field wide development and productivity. The Company will review performing a
low pressure fracture treatment over this interval later this summer that
could significantly increase this rate.
    The Company is also pleased to report that the State 11-06-31 well,
located approximately 7 miles northeast of the 11-21-30 well that had
previously produced gas from the Granite Wash interval has encountered the
Granite Wash at approximately 2,435ft with strong CO2 gas shows being recorded
over several intervals until total depth of 2,666ft in fractured Basement. The
well was drilled through the Granite Wash to total depth without encountering
any water returns and appears to have extended the lowest known gas by 55ft to
a depth of 4,250ft above sea level. The well will soon be flow tested for
several days to determine the productivity of this zone and to confirm the
extension of the field limits to the north east.
    The test results to date have confirmed that natural production from the
Ft Apache, Amos Wash and Granite Wash reservoirs can occur without reservoir
stimulation, and based on past results could be significantly improved with
low pressure fracture treatments and potentially, horizontal completions.
    Mr Barry Lasker reports, "The Company is very pleased with the latest
test results. We are improving on our drilling and completion practises and we
remain very excited about improving well productivity through air drilling and
open hole completing these wells. The latest results have made us revisit past
water production from several wells that may have resulted from aggressive
fracture treatments rather than intersecting water contacts. We expect to
learn more as we continue with the program."

    Ridgeway Petroleum is a development stage, enhanced oil recovery (EOR),
company that controls approximately 200,000 acres of land within the St Johns
Helium/CO2 field in Arizona and New Mexico where the Company is developing
what is thought to be the largest undeveloped resource of helium and carbon
dioxide gases in North America. Independent engineering firms have estimated
that the St Johns field contains approximately 15 trillion cubic feet of in
place resources, with a potential recoverable resource of 5 trillion cubic
feet. Development of the project could result in the Company becoming one of
North America's largest CO2 suppliers and EOR producers. The Company's
strategic focus for CO2 delivery and EOR production is the Permian Basin where
significant potential exists for enhanced oil recovery from mature, depleted
oil fields.


    Barry D Lasker, CEO


    %SEDAR: 00004538E

For further information:

For further information: visit our Website at www.ridgewaypetroleum.com,
or Retail Investors please call Don Currie on 1-888-990-3551; Institutional
Investors please call Jonathan Buick at The Buick Group on 1-877-748-0914 Or
email jbuick@buickgroup.com.

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