Winstar Announces Management Change

    CALGARY, Feb. 1 /CNW/ - The Company today announces the departure of
Mr. Donald Milne, Chief Financial Officer of the Company, effective January
31, 2008. Winstar wishes him continued success in his future endeavours.
Mr. David Monachello, President of Winstar, will assume the role of
Chief Financial Officer on an interim basis.

    Winstar Resources Ltd. is a Calgary-based junior oil and gas company,
which explores for, develops, produces and sells crude oil, natural gas
liquids and natural gas in Tunisia, Alberta and Hungary. Winstar's common
shares trade on the Toronto Stock Exchange under the symbol WIX.

For further information:

For further information: Winstar Resources Ltd.: Mr. David Monachello,
President, (403) 513-4200, Email:; Or, Winstar
Resources Ltd., Mr. Charles de Mestral, Chief Executive Officer, Toll-free
(Canada and USA): 1-800-875-1217, or +41 22 949 10 40, (Note: Mr. de Mestral
is based in Europe, in a time zone eight hours ahead of Calgary time), Email:

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Winstar Resources Ltd.

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