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[MCGabriel]

Fidelis Partners with Miramar Petroleum at Hidalgo Prospect Gas Play



TUCSON, Ariz.--(BUSINESS WIRE)--Feb. 11, 2005--Fidelis Energy, Inc. (OTCBB: FDEI) today is pleased to announce further details on the acquisition of the 50% working interest in the Hidalgo Prospect. Fidelis signed a Lease Purchase and Development Agreement and Joint Operating Agreement with Miramar Petroleum, Inc. on the Hidalgo Prospect located in Hidalgo County, Texas.

Under the terms of the farm-in agreement, Fidelis advanced $260,000 to Miramar, the operator of the project, representing a two-thirds share of the costs for the drilling to completion of the 7,500-foot "Lepovitz A" natural gas well. Presently, Miramar Petroleum Inc., PI Energy and Discorbis Oil Company are the companies active in the Hidalgo field.

As reported earlier, the Hidalgo Prospect has under lease approximately 312 gross acres. The multi-objective gas reservoir target is Frio aged sands that have produced from 27 sand horizons 338 Bcf gas through 2004. The main objectives of the Hidalgo Project are the Bell and Cord sands that have a combined potential reserves of 16.1 Bcf gas. The Bell sand in the Miramar Petroleum, Inc. #2 Theser Gas Unit well has produced 20 Bcf gas at an average recovery of 2.96 Mmcf/day from seven wells. In addition, the Cord sand in the same well has a cumulative production over 62.9 Bcf from eight wells with an average recovery of 7.87 Mmcf/day.

Fidelis and Miramar are hopeful that if successful, the well could drain the entire lease acreage, however several wells may be required to fully exploit the lease. President Dan Hodges states, "The Company is pleased to have a strong, working interest partner in Miramar as they have a proven and successful track record in developing significant gas production from the Hidalgo field."

Fidelis has now been informed from Miramar that a potential spud date of the well could occur earlier than previously anticipated, possibly within two weeks, based on rig availability.

About Fidelis Energy Inc.

Based in Tucson, AZ, Fidelis Energy is an oil and gas company dedicated to solving North America`s complex energy problems. Fidelis Energy identifies, acquires and develops working interest percentages in smaller, underdeveloped oil and gas projects in California, Canada, and other promising locales that do not meet the requirements of larger producers and developers. Through the use of modern development techniques such as horizontal drilling and 3-D seismic, the company enhances production from underdeveloped and under-utilized projects, as it pursues oil and gas production throughout North America.

Safe Harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Fidelis Energy, Inc. has little or no control.

For more information, please visit our website at www.FidelisEnergy.com, or contact:


Investor Relations
1-888-894-3334 (Contact: Dan Hodges)

ON BEHALF OF THE BOARD
Fidelis Energy Inc.Dan Hodges - President



CONTACT: Fidelis Energy, Inc.
Investor Relations
Dan Hodges, 888-894-3334

SOURCE: Fidelis Energy, In

[MCGabriel]

Und das war 2 Tage vorher

Fidelis Announces Acquisition of Hidalgo Prospect -- Texas Natural Gas Play



TUCSON, Ariz.--(BUSINESS WIRE)--Feb. 9, 2005--Fidelis Energy Inc. (OTCBB: FDEI) today is pleased to announce that the company has executed a Lease Purchase and Development Agreement and Joint Operating Agreement on a farm-in to the "Southeast Hidalgo Prospect, Hidalgo County, Texas."

The Hidalgo Field was discovered in 1946 by The Texas Co.`s #1 El Texano Land Co. well. As gas markets became available, numerous wells were drilled to develop the field. The Hidalgo Field produces gas from depths of 6,200 feet to 8,100 feet. Texaco was the major operator in the field until the late 1980s. The Hidalgo Prospect has under lease approximately 312 gross acres. The multi-objective gas reservoir target is Frio aged sands that have produced from 27 sand horizons 338 Bcf gas through 2004. The main objectives of the Hidalgo Project are the Bell and Cord sands that have a combined potential reserve of 16.1 Bcf gas.

Of significance are the analog wells that are producing. The Bell sand in the #2 Theser Gas Unit well has produced 20 Bcf gas at an average recovery of 2.96 Mmcf/day from seven wells. In addition, the Cord sand in the same well has a cumulative production over 62.9 Bcf from eight wells with an average recovery of 7.87 Mmcf/day.

Fidelis and other working interest partners will be testing up-dip to these highly productive sands and have developed the drilling targets based on high-quality 3-D Seismic. The strong amplitude event anomalies give a high chance of success for the drilling of the test well.

Dan Hodges, president of Fidelis, stated, "The acquisition of the Hidalgo Prospect that is a low risk, high probability of success gas play which, if successful, will add significant cash flow to the company almost immediately. The acquisition of the Hidalgo Project is a great step forward toward the development and expansion of quality projects in Fidelis."

Fidelis has acquired a 50% working interest in the play. A private Texas company is the operator of the project. Fidelis has now executed the AFE (Authority for Expenditure) for the initial 7,500-foot test well, named "Lepovitz A Well," and has advanced funds to the operator totaling $260,000 for dry hole costs up to completion. The well location has been chosen, surveyed and permitted.

Expected tie-in costs of a successful well are estimated at $150,000, as the prospect is approximately one mile from existing gas infrastructure in the area. Fidelis anticipates the spud date of the well to be in early March 2005.

About Fidelis Energy Inc.

Based in Tucson, Ariz., Fidelis Energy is an oil and gas company dedicated to solving North America`s complex energy problems. Fidelis Energy identifies, acquires and develops working interest percentages in smaller, underdeveloped oil and gas projects in California, Canada, and other promising locales that do not meet the requirements of larger producers and developers. Through the use of modern development techniques such as horizontal drilling and 3-D seismic, the company enhances production from underdeveloped and underutilized projects, as it pursues oil and gas production throughout North America.

Safe Harbor for Forward-Looking Statements

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Fidelis Energy Inc. has little or no control.

For more information, please visit our Web site at www.FidelisEnergy.com, or contact:


Investor Relations, 888-894-3334
ON BEHALF OF THE BOARD
Fidelis Energy Inc.Dan Hodges - President



CONTACT: Fidelis Energy Inc.Dan Hodges, 888-894-3334 (Investor Relations)

SOURCE: Fidelis Energy Inc.

[MCGabriel]

Es dürfte jetzt dann wieder über den Dollar gehen

[fhfe]

President`s message 11.2.2005 13,58H

Hidalgo/North Franklin

I spoke with our working interest partner and operator in the Hidalgo Prospect on Thursday, Feb 10th. He indicated that the pad is being prepared this weekend and a rig would be moving in from the Houston area to commence drilling ops on the initial test well within the next 8-10 days! (too soggy up there to drill for the next couple of weeks apparently)

Our working partner in the North Franklin prospect is keeping the boring contractor on "hot-idle" up near Sacramento for a quick, 4-day tie-in of the remaining pipeline as soon as USFWS gives the nod. We`ve attempted to contact the FWS office in Sacramento for the last 9 days and have been ignored so we`ll be making contact Monday with the Washington offices to request the OK for an immediate tie-in. Still "standing-by". Thanks for your patience.

Hidalgo/North Franklin, den mir unseren Arbeitsinteresse Partner und Operator in der Aussicht mit Hidalgo am Donnerstag sprach, Feb 10.. Er zeigte an, daß die Auflage dieses Wochenende vorbereitet wird und eine Anlage innen vom Houstonbereich bewegen würde, um bohrenops auf dem Ausgangstest mittendrin die folgenden 8-10 Tage zu beginnen! (zu feuchtes hohes dort zum anscheinend Bohren für die folgenden Paare von Wochen) hält unser Arbeitspartner in der Nordfranklinaussicht die langweilige Fremdfirma auf "heiß-untätigem" herauf nahes Sacramento für eine schnelle, 4tägige gleichzeitige Werbung der restlichen Rohrleitung, sobald USFWS das Kopfnicken gibt. Wir haben versucht, mit dem FWS-Büro in Sacramento für die letzten 9 Tage in Verbindung zu treten und ignoriert worden zu sein, also werden wir Kontakt Montag mit den Washingtonbüros um das O.K. für eine sofortige gleichzeitige Werbung bitten lassen. Noch "stehen-durch". Dank für Ihre Geduld. Im Namen der Direktion Daniel Hodges, Vorsitzender und Präsident
On behalf of the Board of Directors

Daniel Hodges, Chairman and President

[simmering]

weiß jemand, warum diese Nachrichten abverkauft werden ?
Seltsam ???



Viele Grüße
S.

[fhfe]

Fidelis Homepage:


PROJECTS

Southeast Hidalgo Prospect

Under the terms of the farm-in agreement, Fidelis advanced $260,000 to Miramar, the operator of the project, representing a two-thirds share of the costs for the drilling to completion of the 7,500 foot “Lepovitz A” natural gas well. Thus, Fidelis has acquired a 50% working interest in the play and Miramar Petroleum is the operator of the project. The well location has been chosen, is now being surveyed and permitted with a spud date estimated to be February 23rd subject to rig availability.

The Hidalgo Field was discovered in 1946 by The Texas Company’s #1 El Texano Land Company well. As gas markets became available, numerous wells were drilled to develop the field. The Hidalgo Field produces gas from depths of 6,200 feet to 8,100 feet. Texaco was the major operator in the field until the late 1980’s. Presently Miramar Petroleum Inc., PI Energy and Discorbis Oil Company are the companies active in the field. The Hidalgo Prospect has under lease, approximately 312 gross acres. The multi-objective gas reservoir target is Frio aged sands that have produced from 27 sand horizons 338 Bcf gas through 2004. The main objectives of the Hidalgo Project are the Bell and Cord sands that have a combined potential reserves of 16.1 Bcf gas. Of significance are the analog wells that are producing. The Bell sand in the Miramar Petroleum, Inc. #2 Theser Gas Unit well has produced 20 Bcf gas at an average recovery of 2.96 Mmcf/day from seven wells. In addition, the Cord sand in the same well has a cumulative production over 62.9 Bcf from eight wells with an average recovery of 7.87 Mmcf/day.

Fidelis and Miramar are hopeful that if successful, the well could drain the entire lease acreage, however several wells may be required to fully exploit the lease. The companies will be testing up-dip to the highly productive sands and have developed the drilling targets based on high quality 3D Seismic. The strong amplitude event anomalies give a high chance of success for the drilling of the test well. The expected completion and tie-in costs of a successful well are estimated at an additional $300,000, as the prospect is proximal to and approximately one mile from existing gas infrastructure in the area.

[Klatsch]

Ich versteh es einfach nicht. Die Aktie steigt fast jeden Tag bei guten Umsätzen in den USA und hier schlafen alle...

[halde]

North Franklin Gas Field Flows Gas
North Franklin Gas Field Flows Gas



BW5200 MAR 22,2005 6:02 PACIFIC 09:02 EASTERN



( BW)(AZ-FIDELIS-ENERGY)(FDEI) North Franklin Gas Field Flows Gas

Business Editors/Energy Editors

TUCSON, Ariz.--(BUSINESS WIRE)--March 22, 2005--Fidelis EnergyInc. (OTCBB:FDEI) announces that the pipeline connecting the NorthFranklin Gas Field to the gas buyers´ delivery system is flowing gas.
The operator of the project has choked down and metered the flowat an initial rate of 2.0MMcf and will be increasing the flow in smallincrements until the pressures from the reservoir stabilize at anacceptable rate that will not damage the casing or productive sandlayer. It is critical for the field health to inhibit a simple openflow and to choke down pressures to prevent gas reservoir "coning" anddrawing water into the sands by the outgoing gas.
The Company and its partners anticipate a final flow rate of 4MMcfto 5MMcf. When the Initial Production Rate (IPR) has been determined,expected within 10-15 days, the Company will release the figure.
As of today, the Company has entered "the black" and anticipatesbeing cash-flow and earnings positive for the foreseeable future.

Closing Citygate gas price as at 21 March was $7.19/Mcf.

ABOUT FIDELIS ENERGY INC.

Based in Tucson, Ariz., Fidelis Energy is an oil and gas companydedicated to solving North America´s complex energy problems. FidelisEnergy identifies, acquires and develops working interest percentagesin smaller, underdeveloped oil and gas projects in California, Texas,Canada, and other promising locales that do not meet the requirementsof larger producers and developers. Through the use of moderndevelopment techniques such as horizontal drilling and 3-D seismic,the company enhances production from underdeveloped and under-utilizedprojects, as it pursues oil and gas production throughout NorthAmerica.

Safe harbor for Forward-Looking Statements:

Except for statements of historical fact, the informationpresented herein constitutes forward-looking statements within themeaning of the Private Securities Litigation Reform Act of 1995. Suchforward-looking statements involve known and unknown risks,uncertainties and other factors, which may cause the actual results,performance or achievements of the company to be materially differentfrom any future results, performance or achievements expressed orimplied by such forward-looking statements. Such factors includegeneral economic and business conditions, the ability to acquire anddevelop specific projects, the ability to fund operations and changesin consumer and business consumption habits and other factors overwhich Fidelis Energy Inc. has little or no control.

For more information, please visit our Web site atwww.FidelisEnergy.com, or contact:

Investor Relations 1-888-894-3334 (Contact: Dan Hodges)

ON BEHALF OF THE BOARD

Fidelis Energy Inc.