WIN Energy Corporation Operational Update

    CALGARY, March 27 /CNW/ - WIN Energy Corporation ("WIN" or the
"Corporation") is pleased to provide an operational update.

    Results on First 3-D Well
    WIN has completed the drilling, casing and initial flow test of its first
South Cowley well which was drilled based on the results of its recently
completed three dimensional (3-D) seismic program. WIN is the operator of this
well and its working interest is 100%. This well flow tested for 3 days with a
rate of 1.24 million cubic feet per day @ 240 psi on a 27/64 inch choke. Plans
are underway to tie-in this well to the WIN Gathering System that is less than
two miles away. With favourable weather conditions this well could be
connected to the WIN Gas Plant during the second quarter.

    3-D Seismic Prospects
    In December 2006, WIN completed the shooting of a 36 square mile 3-D
seismic survey over its lands in South Cowley. This 3-D seismic was shot over
prospects with similar characteristics to the most successful wells in the
area. WIN management's interpretation of the 3-D seismic indicates several
additional locations with analogous features to the successful wells in this
township. The drilling of the second well on the 3-D seismic is planned to
commence before the end of the second quarter of 2007.
    Management is confident that the 3-D drilling program will materially
reduce drilling risk and provide the corporation with an opportunity to
increase production volumes and reserves in the immediate future.

    Deep Well
    This well was drilled pursuant to a Joint Venture agreement with a third
party whereby WIN had a 50% working interest. Over the past six months, WIN
experienced delays in testing its deep exploration well (0.5 net well) due to
persistent mechanical and weather related problems. These delays have been
resolved and the testing on this well has been completed. Independent
petrophysical evaluations of logs and cores identified potential gas-bearing
zones however the final tests revealed extremely low permeability proving
uneconomical flow rates. A meeting with the joint venture partner is planned
to re-assess this deep prospect.

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

    This press release contains forward-looking statements, including but not
limited to operational information including drilling projections, production
and processing projections. These projections are based on current
expectations and are subject to a number of risks and uncertainties that could
materially affect the results. These risks include, but are not limited to,
risks associated with the oil and gas industry (e.g. operational risks in
development, exploration and production; delays or changes in plans with
respect to exploration or development projects or capital expenditures; and
the uncertainty of estimates and projections in relation to production, costs
and expenses), drilling equipment availability and the risk of commodity price
and foreign exchange rate fluctuations. Due to the risks, uncertainties and
assumptions inherent in forward-looking statements, prospective investors in
the company's securities should not place undue reliance on these
forward-looking statements.

For further information:

For further information: William J. Kiff, President and Chief Executive
Officer or Matthew Philipchuk, Vice President Corporate Development, WIN
Energy Corporation, Telephone: (403) 265-7787, Fax: (403) 265-7767

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