EER Enterprise Energy Resources Ltd.

Enterprise Energy Resources Ltd. ("Enterprise" or the "Company") (TSX
VENTURE:EER) is pleased to announce that it has spudded its first well, Archer
#1, in Sheridan County, Montana. Enterprise holds a 100% working interest in
approximately 30,000 net acres (47 net sections), subject to a 10% back-in
right. 


The Archer #1 well is located on the northern edge of Enterprise's land package
and lies about 40km (25 miles) south west of several successful Bakken wells
drilled recently in Montana by one of the area's major operators. The well will
evaluate the oil potential of the underlying formations, including the thick
Bakken and Three Forks formations within the Williston Basin in North Eastern
Montana. 


The Archer #1 well, with a TVD of 2,470 m (8,100 ft), is anticipated to take
about 14 days to drill, evaluate and case at an estimated cost of approximately
US$1.1MM. 


"With the rapid north western migration of the productive Bakken and Three Forks
play, we anticipate that this well will demonstrate similar positive
prospectivity over Enterprise's land holdings. Historical wells in this area
have encountered both horizons and there is current local production from deeper
zones. Core taken from the well will be evaluated for potential future well
stimulation," commented Geoff Carrington, President & CEO of Enterprise. "A
successful well would have a significant impact on the Company."


ENTERPRISE ENERGY RESOURCES LTD. 

Geoffrey A. Carrington, President & CEO

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release constitute "forward-looking
statements". Such forward-looking statements include, without limitation,
statements relating to the extent and timing of its drilling programs and the
prospectivity of the Archer #1 well. While the Company has based these
forward-looking statements on its current expectations about future events, the
statements are not guarantees of the Company's future performance and are
subject to risks, uncertainties, assumptions and other factors which could cause
actual results to differ materially from future results expressed or implied by
such forward-looking statements. Important factors that could cause actual
results to differ materially from the Company's expectations include operational
risks, the effects of general economic conditions, and actions by government
authorities. Further, although the Company has attempted to identify factors
that could cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other factors that
cause actions, events or results not to be as anticipated, estimated or
intended. The Company's forward-looking statements reflect the beliefs, opinions
and projections on the date the statements are made. The Company assumes no
obligation to update forward-looking information should circumstances or
management's estimates or opinions change, except as required by law.


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