Western Standard Energy Creates Expert Advisory Board

Wednesday April 9, 9:30 am ET

WILLISTON, N.D.--(BUSINESS WIRE)--Western Standard Energy Corp., (OTC BB: WSEG.OB) (hereafter ?Western Standard? or ?the Company?), an oil and gas exploration company, is pleased to announce the formation of its Board of Advisors. Established to draw upon the expertise and know how of key experts from the energy and finance industries, the Advisory Board will meet regularly to evaluate and discuss various projects and proposals which are on offer to the Company. Western Standard is also pleased to announce the enlisting of the initial three members of the Board.

Patrick E. McGuire

Patrick E. McGuire currently consults financial groups on energy investment and development, both international and domestic. Schooled as a Petroleum Engineer, Mr. McGuire served most of his nearly 40-year career serving several management roles including Chief of Staff to the President and CEO and as Vice President, International for Texaco, Inc. (now part of Chevron Corporation). McGuire?s comprehensive expertise with oil and gas business development includes opportunity identification, contract and agreement negotiation and commercialization of assets.

Vickiy Zaman

Vickiy Zaman is currently the President of Crescent Geo LLC, which provides clients with time, depth and specialized seismic data processing services. Crescent Geo LLC has also developed an innovative combination of computing technology, seismic processing applications and project workflows in both land and marine environments. Ms. Zaman?s background includes roles entailing electrical engineering, software development, project management and quality assurance. Ms. Zaman?s experience spans a career with previous employment with GX Technology, Aspen Technology and Shearson Lehman.

William Divine

William Divine is currently Western Standard?s Vice President of Exploration and will be the in-house representation on the Advisory Board. Bringing more than 35 years of oil and gas exploration experience to the Board, Mr. Divine delivers established relationships with nearly every company that has participated in upstream development internationally in the last 20 years; long-term relationships with government officials of most of the world?s petroleum controlling countries; and a database of thousands of new venture opportunities worldwide.

CEO of Western Standard, Dan Bauer states, ?We?re pleased to have formed this board as another step towards achieving previously set goals for the company. Western Standard will look to capitalize on the many combined decades of experience these three individuals bring to the fold. We look forward to working together with these new members and towards possible future additions to the board as we grow.?

About Western Standard Energy Corp. (the ?Company?)

Western Standard Energy Corp. is an independent oil and gas exploration company. The Company aims to secure and develop a portfolio of oil and gas properties throughout the Central and Western United States of America. The Company is a publicly traded company and trades on the OTC BB under the ticker symbol: WSEG. Shareholders are invited to contact corporate communications toll free at (888) 956-7843 for further information or to visit our website at www.western-standard.com.

Western Standard Energy Corp.

Dan Bauer,

President

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements in this news release include that the Company will pay the completion and testing costs for State Well 7-16, that upon the Company?s payment of the completion costs F Cross Resources LLC will assign 50% of its interest in the leases to our company, that we will complete and test of our shallow gas discovery on Federal 1-19 and then State 7-16 during the summer drilling season and that the Company will aim to secure and develop a portfolio of oil and gas properties throughout the Central and Western United States of America. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, and the likelihood that no commercial quantities of gas are found or recoverable. Readers should also refer to the risk disclosures outlined in the Company?s quarterly reports on Form 10-QSB, annual reports on Form 10-KSB and the Company?s other disclosure documents filed from time-to-time with the Securities and Exchange Commission available at www.sec.gov.

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 document, such as ?estimated potential for production around 500,000 to 1 million barrels of oil per producing well,? ?highly graded? and ?we have identified approximately 350 Logdepole Reef prospects ? that the SEC?s guidelines may prohibit us from including in filings with the SEC. U.S. investors are urged to consider closely the disclosure in our annual report on Form 10-KSB and quarterly reports on Form 10-QSB available from us or the SEC.

For Further Information, Contact:
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