GWPC Radio Update

RedChip Radio Update: Exclusive Oil & Gas Interview With Gulf Western Petroleum Corporation
Wednesday October 19, 9:00 am ET

RedChip Radio Interviews Sam Nastat, Director and President of Gulf Western Petroleum Corporation

ORLANDO, Fla., Oct. 19, 2007 (PRIME NEWSWIRE) -- RedChip Companies, Inc. today announced that Sam Nastat, President and Director of Gulf Western Petroleum Corpration (OTC BB: GWPC.OB), was featured in an exclusive RedChip Radio(tm) update. The interview included an update on the Company's progress with its Texas Shamrock Frio Project and a discussion on the Company's proven reserves, as well as short and long-term strategic objectives.

RedChip Radio(tm) is a radio news forum that addresses general market and small-cap news and interviews CEOs and executives of prominent small-cap companies.

To hear the interview in its entirety, visit: 10/17/07 Interview with President

About Gulf Western Petroleum Corporation

Gulf Western is focused on the exploration and development of domestic petroleum and natural gas reserves in the United States. The Company currently has a strong portfolio of lease acreage projects in Texas, Kansas and Kentucky. It is also actively seeking out additional oil and gas resource opportunities that would benefit from its range of core competencies. Gulf Western was formed through a merger between Wharton Resources Corp., a development stage company with oil & gas lease acreage in Texas, Kentucky and Kansas, and of Georgia Exploration, Inc.

Gulf Western's primary asset is a high caliber management team with both upstream and midstream segment experience, as well as a proven track record of finding and developing commercial reserves. Pursuant to the merger, the management team is comprised of W. Milton Cox as Chief Executive Officer, Bassam Nastat as President and Don Sytsma as Chief Financial Officer, Treasurer and Secretary. This team has extensive experience in the U.S. oil and gas industry and the ability to attract a steady stream of high quality oil & gas resource opportunities.

About RedChip Companies, Inc.

RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp.

For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751, (800) 733-2447,
Fax: (407) 644-0758, info@redchip.com