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April
11, 2006
Storm
Cat Energy Files Reserves Disclosure
CALGARY
and DENVER ¬ (PR Newswire) ¬ April 11, 2006 - Storm Cat
Energy Corporation (the 'Company') (AMEX:
SCU; TSX.V:
SME) announces that it has filed its 2005
year-end reserves information in accordance with National
Instrument 51-101. E stimates of reserves
and projections of production were based on an
independent reserves evaluation prepared for
the Company by Netherland Sewell and Associates using data
to December 31, 2005. The evaluation was prepared
in accordance with standards set out in the Canadian Oil
and Gas Evaluation Handbook (the "COGE Handbook").
The Company has also filed Form 20F along with its annual
financials. A copy of the reserve report, Form 20F
and the annual financials filed by the Company are available
on SEDAR at www.sedar.com
under the profile for the Company.
About Storm Cat Energy
Storm Cat Energy is an independent oil and gas company focused
on the pursuit, exploration and development of large unconventional
gas reserves from fractured shales, coal beds and tight
sand formations. The Company has producing properties in
Wyoming's Powder River Basin, exploration and development
acreage in Canada and Alaska. The Company's shares trade
on the American Stock Exchange under the symbol 'SCU'
and in Canada on the TSX Venture Exchange under the symbol
'SME.'
Company Contact:
Scott Zimmerman, President and Chief Executive Officer
Paul Wiesner, Chief Financial Officer
Phone: 87-STORMCAT
www.stormcatenergy.com
By
Order of the Board of Directors
Storm Cat Energy Corporation
J. Scott Zimmerman
President and Chief Executive Officer
Forward-looking Statements
CAUTIONARY
STATEMENT: This publication contains certain 'forward-looking
statements', as defined in the United States Private Securities
Litigation Reform Act of 1995 relating to matters such as
the Company's drilling and other exploration plans, and
projected well economics. Forward-looking statements are
statements that are not historical facts; they are generally,
but not always, identified by the words 'expects,' 'plans,'
'anticipates,' 'believes,' 'intends,' 'estimates,' 'projects,'
'aims,' 'potential,' 'goal,' 'objective,' 'prospective,'
and similar expressions, or that events or conditions 'will,'
'would,' 'may,' 'can,' 'could' or 'should' occur.
Forward-looking statements are based on the beliefs, estimates
and opinions of Storm Cat's management on the date the statements
are made; they involve a number of risks and uncertainties.
Consequently, there can be no assurances that such statements
will prove to be accurate and actual results and future
events could differ materially from those anticipated in
such statements. Storm Cat undertakes no obligation
to update these forward-looking statements if management's
beliefs, estimates or opinions, or other factors, should
change. Factors that could cause future results to
differ materially from those anticipated in these forward-looking
statements include, but are not limited to the volatility
of natural gas prices, the possibility that exploration
efforts will not yield economically recoverable quantities
of gas, accidents and other risks associated with gas exploration
and development operations, the risk that the Company will
encounter unanticipated geological factors, the Company's
need for and availability of additional financing, the possibility
that the Company may not be able to secure permitting and
other governmental clearances necessary to carry out the
Company's exploration and development plans, and the other
risk factors discussed in greater detail in the Company's
various filings on SEDAR
with Canadian securities regulators and its filings with
the U.S. Securities and Exchange Commission, including the
Company's Form 20-F dated April 6, 2006.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES
NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
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