GX Guardian Exploration Inc

Guardian Exploration Inc. (TSX VENTURE:GX) ("Guardian" or the "Company" or the
"Corporation") is pleased to announce that on July 7, 2008 Guardian's operating
partner completed drilling and testing the third Girouxville light oil pool.
Initial flow tests over a four hour period produced 156 barrels with stable
pressures. Extrapolated over a 24 hour period the flow rate would equal
approximately 936 barrels of oil per day. As of July 12, production data
indicates the well is flowing at a restricted rate of approximately 530 barrels
of oil per day with stable pressures, and no water. Guardian has a 55% WI
(working interest) in this well, approximately 300 net barrels of oil per day to
Guardian.


This well qualifies for Alberta's new pool royalty holiday program which allows
for the first million dollars of sales to be royalty free. The oil from the
Girouxville area is very high quality light, sweet crude that had an average
sale price of approximately $145 per barrel in the first half of July.


Girouxville Project Update

03-21-76-22W5M (first farm-in well)

This well is currently flowing at an ERCB (Energy Resources Conservation Board)
MRL (Maximum Rate Limitations) allowable rate of approximately 87 BOPD with no
signs of water. Guardian's partner has applied for GPP in May and is still
awaiting this approval. Guardian owns a 50% WI in this well.


02-29-74-21W5M (second farm-in well)

Flowing at 30 barrels of oil per day, this well has encountered a water cut,
typical of these reservoirs. Guardian is currently evaluating a water disposal
or a water injection well in the area for the produced water to increase
netback. Guardian owns a 55% WI in this well.


Future Girouxville Project Wells

Guardian is evaluating the next farm-in well location in the area to be drilled.
Under the terms of the farm-in agreement, Guardian has a rolling option to drill
11 more locations with its operating partner.


Cut Bank, Montana

The wells in this region are continually producing approximately 40 BOE per day.

Future Montana Wells

Guardian is reviewing a 100% owned seismic program over its solely owned Tesoro
field. A title opinion is nearing completion. Guardian foresees no issues and
will enter the next phase of the exploration program and applying for well
approvals. Management is optimistic that the Tesoro project has the potential to
yield the largest amount of production in Guardian's current portfolio.


Ft. Nelson, British Columbia - Kotcho Lake Project

The purchase of additional working interest in Guardian's Kotcho Lake field has
been producing very well to date. Guardian owns 100% of the two flowing wells,
B-71-H-94P-4, and B-100-E-94-P-3. These wells' combined; flow rate is 300 BOE,
with a manageable amount of water. Guardian, is negotiating with its 3 partners
on a third well, C-68-E/94-P-3, 32.5% owned by Guardian, to be brought on in the
coming months. A trial period will be established and given no issues with
current productions, be brought on.


Future Ft. Nelson Operations

Guardian is negotiating with two large producers in the area to purchase
production from these companies' non-core assets. Guardian is confident these
negotiations will be successfully closed in the near future. The Company has
received a statement of claim from a third party relating to before payout
earning in the B-100-E well. The position of the Company is that the claimed
earning did not occur and intends to defend the claim vigorously.


About Guardian Exploration Inc.

Guardian Exploration Inc. is an Alberta-based oil and natural gas company.
Guardian is engaged in the exploration for, and the acquisition, development and
production of, natural gas and crude oil with emphasis on the shallow to
mid-depth hydrocarbon rich zones of Canada's Western Sedimentary Basin focusing
on Alberta and northeastern British Columbia.


The term barrels of oil equivalent ("BOE") may be misleading, particularly if
used in isolation. In accordance with NI 51-101, a BOE conversion ratio of six
thousand cubic feet per barrel (6mcf/bbl) of natural gas to barrels of oil
equivalence is based on an energy equivalency conversion method primarily
applicable at the burner tip and does not represent a value equivalency at the
wellhead. All BOE conversions herein are derived from converting gas to oil in
the ratio mix of six thousand cubic feet of gas to one barrel of oil.


Investors are cautioned that the preceding statements of the Corporation may
include certain estimates, assumptions and other forward-looking information.
The actual future performance, developments and/or results of the Corporation
may differ materially from any or all of the forward-looking statements, which
include current expectations, estimates and projections, in all or part
attributable to general economic conditions and other risks, uncertainties and
circumstances partly or totally outside the control of the Corporation,
including natural gas/oil prices, reserve estimates, drilling risks, future
production of gas and oil, rates of inflation, changes in future costs and
expenses related to the activities involving the exploration, development and
production of gas and oil hedging, financing availability and other risks
related to financial activities. The Corporation undertakes no obligation to
update forward-looking statements if circumstances or management's estimates or
opinions should change. The reader is cautioned not to place undue reliance on
forward-looking statements.

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