BNP Petroleum Corporation Announces Engagement with Prominent Investor Relations Company IRVING, Texas, June 6 /PRNewswire-FirstCall/ -- BNP Petroleum Corporation (BPET), an independent oil and gas company, announced today that has agreement with a nationally-prominent investor relations firm Tribe Communications based in San Diego California to assist the Company with all aspects of its corporate communications and strategies. Tribe Communications is expected to provide a wide range of services, including: -- Market research and perception audits -- Shareholder communications -- Press release dissemination -- Investment community outreach, meetings and roadshows -- Development of corporate financial and operating materials -- Analyst/shareholder presentations -- Enhancing shareholder value -- Building and maintaining the company's reputation within constituent groups "The Company recognizes that corporate communications are at the heart of delivering results and winning support from stockholders and market participants," said Rafael Pinedo, Director of the Company. "A top notch investor relations firm can directly impact a company's profitability, growth and market share. Our goal in engaging a quality IR firm with national coverage is to ensure that this important corporate function is performed with the utmost professionalism and perfection." One of the first tasks assigned to the firm will be to assess the status of the Company's private equity memorandum plan. Finally, the Company is in the process of preparing the results from operations of its oil and gas production for the first quarter of 2004. The results should be completed in the next few weeks and will be made available to the stockholders at such time. ABOUT BNP BNP Petroleum Corporation, Inc. is a Irving based oil and gas exploration and development (E&D) company. BNP Petroleum Corporation, Inc. was formed for the purpose of development and operation of oil and gas properties with proven reserves. The Company's strategy is to focus in domestic areas where major oil and gas producing companies have reduced their exploration efforts to move offshore and overseas in search of the larger reserves. Considerable oil and gas in proven fields remain to be exploited by well-managed independent oil companies capable of extracting these reserves at lower risk and lower cost than unproved prospects. BNP Petroleum's initial development strategy has been to acquire such proven fields and increase production through the application of advanced technology and the exploration of other proven formations in the same fields. BNP Petroleum Corporation's primary operational strategy includes the operation of its own projects, giving it substantial control over drilling and production costs. The Company has associated with highly experienced exploration and development engineering and geology personnel that strive to add production at lower costs through development drilling, workovers, behind pipe recompletions and secondary recovery operations. INFORMATION REGARDING FORWARD-LOOKING STATEMENTS Under the Private Securities Litigation Reform Act--with the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the Company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. The Company does not assume, and expressly disclaims, any obligation to update these forward-looking statements. The information herein is subject to change without notice. BNP Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein. BNP Petroleum Corporation, 214-687-0000 ext. 222 DATASOURCE: BNP Petroleum Corporation CONTACT: Investor Relations: Edward Monet of Tribe Investment Partners, Inc., +1-888-309-5220 ext. 83 Web site: http://www.bpetroleum.com/ http://www.epowow.com/

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