GUL

Gulf Shores Resources Ltd. (TSX VENTURE:GUL)(FRANKFURT:GFU) (Gulf) has entered
into an agreement with a private arm's length Saskatchewan Company whereby Gulf
will pay 60% of the cost of drilling, completing and equipping a vertical Bakken
oil well to earn a 51% working interest before payout and a 42% working interest
after payout in 640 acres in the Rocanville area of south east Saskatchewan.
Gulf will pay 42% of the drilling, completion and equipping costs of the
remaining 15 Bakken oil wells on the acreage to earn a 42% working interest in
each well.


The acreage is centered on a seismically defined structure that is similar to
the prolific Rocanville field that is located four miles to the east and has
produced in excess of 4.8 million barrels of Bakken oil.


The first well is expected to be drilled during next month.

ON BEHALF OF THE BOARD

Michael Turko, President & CEO

Gulf Shores Resources Ltd. (TSXV:GUL)
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Gulf Shores Resources Ltd. (TSXV:GUL)
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