Buffalo Resources Corp. ("Buffalo" or the "Company") (TSX VENTURE:BFR) is
pleased to announce that it has renewed its bank credit facility in the amount
of $70 million, which is unchanged from the previous year.


This renewal, together with the rapidly improving cash flows from operations,
will provide Buffalo with the financial flexibility to continue its 2009
exploration and development capital expenditure program. Buffalo has drilled the
fifth well of its planned 30 well heavy oil drilling program at Frog Lake,
Alberta and expects to complete the program before the end of September 2009.


Buffalo is a Canadian junior oil and gas company engaged in the exploration for,
and development and production of oil and gas reserves in the provinces of
Alberta and Saskatchewan.


Certain statements contained in this press release constitute forward looking
statements or forward-looking information under applicable securities
legislation. Such forward-looking statements or information are provided for the
purpose of providing information about management's current expectations and
plans relating to the future. Readers are cautioned that reliance on such
information may not be appropriate for other purposes, such as making investment
decisions. Forward-looking statements or information typically contain
statements with words such as "anticipate", "believe", "expect", "plan",
"intend", "estimate", "propose", "project", "seek", "continue", "forecast",
"may", "will", "potential", "could", "should" or similar words suggesting future
outcomes or statements regarding an outlook. All forward looking statements are
based on the Company's beliefs and assumptions based on information available at
the time the assumption was made. Forward-looking statements or information are
based on a number of factors and assumptions that have been used to develop such
statements and information but which may prove to be incorrect. Although the
Company believes that the expectations reflected in such forward-looking
statements or information are reasonable, undue reliance should not be placed on
forward-looking statements because the Company can give no assurance that such
expectations will prove to be correct. In addition, forward-looking statements
or information are based on current expectations, estimates and projections that
involve a number of risks and uncertainties which could cause actual results to
differ materially from those anticipated by the Company and described in the
forward-looking statements or information. These risks and uncertainties may
cause actual results to differ materially from the forward-looking statements or
information. The forward-looking statements contained in this press release are
made as of the date hereof and Buffalo undertakes no obligation to update
publicly or revise any forward-looking statements or information, whether as a
result of new information, future events or otherwise, unless so required by
applicable securities laws.


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