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Message #10
From: NewsBot
Date: July 19, 2006 06:20:00 AM

FLWE News Fellows Energy Adds Two Former Questar Executives to its Development and Production Staff

BROOMFIELD, Colo.--(BUSINESS WIRE)--July 19, 2006--Fellows Energy Ltd. (OTCBB: FLWE)("Fellows"), an early stage oil and gas company focused on exploration and production of natural gas and oil in the Rocky Mountain Region, announced today that it has added experienced and accomplished exploration and development staff, formerly among the top management of Questar Corp. (NYSE:STR), to its management team. Gary L. Nordloh has joined Fellows as Chief Operations Advisor and Ronald E. Hogan has joined as Chief of Development. They will immediately commence evaluation and development activities on the various projects in Fellows' 230,000-acre portfolio, as well as on new projects currently under consideration.

Mr. Nordloh served from 1989-2002 as President and CEO of all of Questar Corp.'s non-regulated activities, including the exploration and development operations, mid-stream and marketing operations within the affiliated companies of Wexpro QGM, Questar Exploration and Production (including all predecessor companies, Celsius Energy, SEI, and Universal Resources), and Questar Energy Trading. Those operations covered all of the Rocky Mountain and mid-continent regions, as well as Canada and California. At the same time, Mr. Nordloh served as Executive Vice President and Director of Questar Corp. From 1984-1989 Mr. Nordloh served as the Engineering Manager to the Executive Vice President and Chief Operating Officer of the same companies. His previous positions included engineering and management positions with Hamilton Brothers Oil Company and Amoco Production Co. Mr. Nordloh received his B.S. degree in petroleum engineering from the Colorado School of Mines in 1971.

At Questar, Mr. Nordloh oversaw the growth of the non-regulated companies, which included a 15.6% compound annual growth rate (cagr) in production, a 19.3% cagr in reserves and a 17% cagr in earnings resulting in large part from new discoveries, project developments and acquisitions taking place during his tenure.

Mr. Hogan retired from Questar Exploration and Production Company in December 2005 after 17 years with the company. At Questar, Mr. Hogan served as General Manager of Wexpro (a Questar Corp. subsidiary) and General Manager of Questar Exploration and Production's Pinedale Division. He was primarily responsible for managing all aspects of drilling, completions, reservoir evaluation, production, personnel and budgeting for the Pinedale Project, considered one of America's largest tight sand development projects.

His nineteen years of experience prior to Questar included serving as the Production Engineer for the Rocky Mountain Region for Chevron Oil Co., and Production Engineer for MAPCO, with responsibilities in the Altamont-Bluebell field in Utah and the Coronation area of Alberta, Canada. Mr. Hogan graduated in 1969 from the Colorado School of Mines with Professional Degree in Petroleum Engineering and in 1974 with a Masters of Science in Petroleum Engineering.

"We are pleased to add Gary and Ron to our staff, and we are excited to have them join forces with our existing team," said George Young, President of Fellows Energy. "Their combined experience and track record are of the highest caliber in the oil and gas industry in the Rocky Mountain Region. We not only will benefit from that experience and knowledge, but will also be able to take advantage of their wealth of industry contacts for new project generation, access to drilling contractors and capital, and many other positive intangible factors. Along with our current staff and our strategic arrangement with Thomasson Partner Associates for project generation, they will add significantly to the base we are building for a dynamic, emerging energy enterprise."

About Fellows Energy

Fellows is an early stage oil and gas company led by an experienced management team focused on exploration and production of natural gas and oil in the Rocky Mountain Region using traditional and new technologies. Current strategy is to pursue both short- and long-term opportunities to leverage the 230,000 acres of current assets that management believes are characterized by reasonable entry costs, favorable economic terms, high reserve potential relative to capital expenditures and the availability of existing technical information. For additional information please go to www.fellowsenergy.com.

Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as probable, possible and potential, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-KSB, File No. 0-33321, available from us at 370 Interlocken Boulevard, Suite 400 Broomfield, Colorado 80021. You can also obtain this form from the SEC by calling 1-800-SEC-0330.

Examples of such disclosures would be statements regarding "probable," "possible," or "recoverable" reserves among others.

Management hopes these transactions will bring additional value to the shareholders of Fellows Energy. There is no guarantee that the projects that Fellows has recently acquired will increase the value of its shares of common stock, or that Fellows will acquire rights to explore and operate any other such projects, or that in the event that it acquires rights to explore and operate other such projects, that these actions will be successful or increase the value of Fellows' common stock.

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause our expectations and beliefs about our plans to acquire additional exploration or production properties, our plans to drill or our drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; the complexity of coal bed methane exploration and production; and prevailing prices for natural gas and general regional economic conditions. Fellows assumes no obligation to update the information contained in this press release.

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