FDEI Fidelis Energy Inc (CE)

Fidelis Energy, Inc. (OTCBB:FDEI), today announces the commencement of commercial gas production at the "Archer-Wildlands #1" well on the Company's North Franklin Project, Sacramento, California. The well was successfully completed in the Winters pay zone, following which the well was connected to the existing pipeline infrastructure. The analysis of the gas returned a value of 945 B.T.U, in keeping with the gas value being produced from the "Archer-Whitney" well. The "Archer-Wildlands #1" well has been initially brought online at a rate of 1.0 Mmcf per day. This I.P.R. (initial production rate) will be closely evaluated by the operator and stepped up over time once stable rates are achieved. Now that this second gas well has been put into production, the partners are gaining important information on the North Franklin gas reservoir integrity. As a result, the operator has stated that gas flow rates at the "Archer-Whitney #1" well can be safely increased. Fidelis will shortly report updated production rates from the well when they are made available to the Company. Fidelis receives PGE-Citygate gas pricing from North Franklin production, which on August 5th was in the $7.60 per Mcf range. NYMEX natural gas futures have risen to between $8.47 and $9.67 for 2005-2006 giving Fidelis an indication of what the revenue from upcoming gas production may be in the near future. ABOUT FIDELIS ENERGY INC. Based in Tucson, AZ, Fidelis Energy is an oil and gas company dedicated to solving North America's complex energy problems. Fidelis Energy identifies, acquires and develops working interest percentages in smaller, underdeveloped oil and gas projects in California, Canada, and other promising locales that do not meet the requirements of larger producers and developers. Through the use of modern development techniques such as horizontal drilling and 3-D seismic, the company enhances production from underdeveloped and under-utilized projects, as it pursues oil and gas production throughout North America. Safe harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Fidelis Energy, Inc. has little or no control. For more information, please visit our website at www.FidelisEnergy.com, or contact: Investor Relations, 1-888-894-3334, (Contact: William Marshall). ON BEHALF OF THE BOARD Fidelis Energy Inc. William Marshall -- President