MENA Hydrocarbons Inc. ("MENA" or the "Company") (TSX VENTURE:MNH) is pleased to
announce the results of its Lagia 6 re-entry, the first of 2 re-entries in its
six well, first phase development program on its 100% owned Lagia Development
Lease in Egypt. 


Commencement of first oil production 

PetroSinai, the joint venture operating company operating the Lagia Development
Lease in Egypt on behalf of the Egyptian Petroleum Company and MENA, has
successfully started production operations in the Lagia oil field. The Lagia 6
well, drilled in 2000, has been re-entered, re-perforated in the Nukhul
formation and has now been on production for one week. The well has flowed at
rates of up to 150 barrels of fluid per day under clean up (including load
fluid) and is currently producing clean oil into a tank at approximately 60
barrels of oil per day utilising a progressive cavity pump at an appropriate
setting. The rig has now moved to the Lagia 7 well, also originally drilled in
2000, to undertake a similar work-over programme. The rig will then move to
drill the first of a four new drill well programme, Lagia 8. The Lagia 8 well
will be fractured to further enhance the production capacity of Nukhul completed
wells. The engineered development plan calls for up to 55 wells for full
development of this current fault block. MENA believes adjacent fault blocks may
also be oil bearing. 


Mr. Graham Lyon, President and Chief Executive Officer of MENA commented on the
results: "We are very pleased with the Lagia 6 well results thus far and look
forward to the drilling of the four new wells. The joint venture plans to
subject these new four wells to more modern technology by utilising either
fracturing or cyclic steam technology, technologies which the Lagia 6 and 7
wells were unable to handle given the in place down hole design of those wells.
The application of these technologies will undoubtedly further enhance flow
rates from the Nukhul formation." 


Lagia Oil Field 

MENA is the sole participant in the joint venture company with EGPC, PetroSinai
which operates the Lagia Development Lease covering a 32 square kilometre block
of land located on the Sinai Peninsula, directly adjacent to the Gulf of Suez.
Within the lease, four wells have been drilled between the years 1949 to 2000
that have identified the Lagia oil field. Three producing oil fields, Sudr,
Matarma and Asl, are located as close as 26 km to the north of the Lagia oil
field. 


About MENA Hydrocarbons 

MENA Hydrocarbons is an international oil and gas company focused on growing an
asset base of production, development and high impact exploration in the Middle
East and North Africa region. In Egypt, MENA owns and operates the development
lease for the Lagia oil field, a 32 square kilometre onshore block located on
the Sinai Peninsula, directly adjacent to the Gulf of Suez. In Syria, MENA owns
a 30% participating interest in Block 9 in Syria, a 10,032 square kilometre
onshore block prospective for crude oil, natural gas and condensate. In the
United States, MENA owns 6,242 gross acres (with an 81.2% average working
interest) in Northwestern Montana with light/medium oil reserves, and 36,201
gross acres (with a 99.5% average working interest) in East-Central Utah
prospective for both commercial gas sand and coal bed methane. MENA's shares
currently trade on the TSX Venture Exchange under the symbol "MNH". 


For more information, please see MENA's corporate presentation on
www.menahydrocarbons.com.


Forward looking information 

This news release contains forward-looking information relating to adding to
planned development and exploration activities on the properties in which the
Company has interests, and other statements that are not historical facts. Such
forward-looking information is subject to important risks, uncertainties and
assumptions. The results or events predicated in this forward-looking
information may differ materially from actual results or events. As a result,
you are cautioned not to place undue reliance on this forward-looking
information. 


Forward-looking information is based on certain factors and assumptions
regarding, among other things, the impact of increasing competition; the general
stability of the economic and political environments in which the Company
operates or owns interests; the timely receipt of any required regulatory
approvals; the ability of the Company to obtain qualified staff, equipment and
services in a timely and cost efficient manner; drilling results; the ability of
the operator of the projects which the Company has an interest in to operate the
field in a safe, efficient and effective manner; the ability of the Company to
obtain financing on acceptable terms; field production rates and decline rates;
the ability to replace and expand oil and natural gas reserves through
acquisition, development of exploration; the timing and costs of pipeline,
storage and facility construction and expansion and the ability of the Company
to secure adequate product transportation; future oil and natural gas prices;
currency, exchange and interest rates; the regulatory framework regarding
royalties, taxes and environmental matters in the jurisdictions in which the
Company operates; and the ability of the Company to successfully market its oil
and natural gas products, and other similar matters. While the Company considers
these assumptions to be reasonable based on information currently available to
it, they may prove to be incorrect. 


Forward looking-information is subject to certain factors, including risks and
uncertainties that could cause actual results to differ materially from what is
currently expected. These factors include risks associated with instability of
the economic and political environments in which the Company operates or owns
interests, oil and gas exploration, development, exploitation, production,
marketing and transportation, loss of markets, volatility of commodity prices,
currency fluctuations, imprecision of reserve estimates, environmental risks,
competition from other producers, inability to retain drilling rigs and other
services, incorrect assessment of the value of acquisitions, the inability to
settle the definitive terms of the farmout arrangements, failure to realize the
anticipated benefits of acquisitions, delays resulting from or inability to
obtain required regulatory approvals and ability to access sufficient capital
from internal and external sources, reliance on key personnel, regulatory risks
and delays, including risks relating to the acquisition of necessary licenses
and permits, environmental risks and insurance risks. 


You should not place undue importance on forward-looking information and should
not rely upon this information as of any other date. While the Company may elect
to, the Company is under no obligation and does not undertake to update this
information at any particular time, except as required by law. 


Advisories 

The Company cautions readers that the production results to date are not
necessarily indicative of long-term performance or of ultimate recovery.