MAGNUM ENERGY INC. ("Magnum" or the "Corporation") (TSX VENTURE:MEN) - Magnum
announces the resignation of Mr. Rick Young as Chief Operating Officer of
Magnum. The Board and management of Magnum wish Mr. Young continued success in
his new ventures.


About Magnum Energy Inc.

Magnum is a junior oil and gas producer with operations located in the Western
Canadian Sedimentary Basin. The Corporation produces from Viking oil operations
in Alberta, gas operations in Alberta and maintains a 100% ownership of the
Sedalia gas facility in East-Central Alberta.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Magnum Energy Inc.
Richard Nemeth
President & CEO
604-948-2688
rnemeth@magnumenergyinc.com
www.magnumenergyinc.com
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