WWNG WW Energy Inc (CE)

WW Energy Inc.'s (PK:WWNG), subsidiary WW Oil And Gas, Inc. and Biogenerics Limited (NQB:BIGN) today announced details and corrections regarding the oil leases that the joint venture will explore and develop in the state of New Mexico. As a correction to the press release dated May 31, 2005, there are five (5) prospective oil zones, instead of four (4) as stated in the recently announced press release. Additionally, WW Oil & Gas purchased three (3) leases in two (2) of High Plains Petroleum Corporation's exploitation projects = not two (2) leases, as previously announced. The 1st lease in the San Juan Basin in Northwest New Mexico primary objective is entering into the Jurassic Entrada Sandstone. In the late 70's the 1st oil discovery into the Jurassic Entrada sand dune led to over 2000 miles of seismic data encompassing over 200 + sand dunes in the Entrada. According to Vincelette and Chittum in their AAPG paper entitled "Exploration for Oil Accumulations in the Entrada Sandstone, San Juan Basin, New Mexico", that first well, encountered 24 feet of oil saturated Entrada Sandstone, even though it was not located on the top of the dune. WWOG has acquired certain leases in the state of New Mexico. WWOG intends to fully develop these leases and have identified based on engineering reports potential oil reserves in five (5) oil bearing zones. The Menefee, Gallup, Mancos, Dakota and the deepest at 6000 feet, Entrada. Currently, WW Energy, Inc.'s, trucking division, WW Trucking has a total of 17 trucks operation 24 hours/7 days a week and is working to expand operations just to meet the increasing demand that the oil and gas industry is currently experiencing. We will also continue to pursue additional opportunities for acquisition in the operation and exploration of certain oil and gas assets. However, until we have identified the best resources and raised the subsequent capital for these acquistions, the Company will continue to expand on its current business. WW Energy Inc.'s focus on business in the most immediate area will enable its growth to continue and increase operations in the near future. However, tentative plans to expand into the southern Colorado region and maintain a satellite office are a long-term goal. Both New Mexico and the surrounding Rocky Mountain region continue to rapidly grow in all areas of the oil and gas industry. WW Energy Inc. has identified the need to service this area and intends to meet the growing demand. WW Oil & Gas Inc., a wholly owned subsidiary is in the business of acquiring leases and oil and gas related assets. They also will contain the status of operator for any leases determined to be acquired or acquired for the purpose of development, exploration, completion, and exploitation. Currently, there are three (3) leases under agreements for development. A comprehensive drill program is being developed for full exploitation. To visit the company website please go to: http://www.wwenergy.com About WW Energy, Inc. WW Energy Inc. is a holding company that was created to acquire oil and gas related companies and services. WW Energy Inc.'s wholly owned subsidiary, WW Trucking Inc., dba Liquid Transport, a New Mexico corporation, is a leading transport company for the oil field services industry. Their existing business operations are in transporting fresh production water for oil drilling/exploration and waste water for disposal. They also provide services for heavy hauling of drilling and well equipment need in the oil and gas production and exploration industry. A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of WW Energy Inc. may achieve could differ materially from any forward- looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.