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 39% working interest in 160 acres in the Wapella area of
southeast Saskatchewan. Gulf will pay 39% of the drilling, completion and
equipping costs of an additional 3 vertical Bakken oil wells on the 160 acres to
earn a 39% working interest in each well. Gulf also earns the right to
participate on the same basis on an adjacent 320 acres.


The acreage is centered on a seismically defined structure located one mile from
existing Bakken oil production.


The first well is expected to be drilled this month.

ON BEHALF OF THE BOARD

Michael Turko, President & CEO

Gulf Shores Resources Ltd. (TSXV:GUL)
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