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Research Profile Issues a Strongly Favorable Report on CanWest Petroleum Corp.

Posted on: Wednesday, 30 November 2005, 09:00 CST

CALGARY, Alberta, Nov. 30 /PRNewswire-FirstCall/ -- CanWest Petroleum Corporation (BULLETIN BOARD: CWPC) , announced today that Research Profile has issued a strongly favorable corporate profile on the Company. The report highlights the Company's current projects, breaking news and investment considerations. Interested parties can view the report online at http://www.otcfn.com/cwpc.

An excerpt from the report states, "CanWest Petroleum Corporation is a non-conventional energy company with two world-class projects in the Athabasca Oil Sands and a Saskatchewan oil shale prospect in Canada that have significant exploration and development potential ... Canada's oil sands industry is established and profitable. One half of all oil produced in Canada is from oil sands. (And) Canada is the No. 1 supplier of crude oil and petroleum products to the U.S ... CanWest is prepared for a major exploration program starting late November 2005 as to 150 drill holes at the Firebag East project with the potential to discover a world class oil resource of several billion barrels, which is in keeping to Suncor's reserves to the west."

Research Profile serves as special advisor to CanWest Petroleum Corp. and has received fees for writing and publishing the report in the amount of $4,000 paid in cash. This is not an offer to buy or sell securities. Information or opinions in this release and the report mentioned herein are presented solely for informative purposes, and are not intended nor should they be construed as investment advice. Full disclaimer information can be requested by contacting CanWest Petroleum Corp.

For more information please visit http://www.canwestpetroleum.com/. Contacts: Steve McGuire (800) 877-1626 or 604-606-7979 Randal Pow (888) 858-7759 E-Mail investor@canwestpetroleum.com

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

CanWest Petroleum Corporation

CONTACT: Steve McGuire, +1-800-877-1626 or +1-604-606-7979, or RandalPow, +1-888-858-7759, investor@canwestpetroleum.com, both for CanWestPetroleum Corporation

Web site: http://www.canwestpetroleum.com/


Source: PRNewswire-FirstCall

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