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Fidelis Reports November Gas Production From North Franklin Totaling 87.93 Mmcf

Posted on: Tuesday, 6 December 2005, 09:00 CST

Fidelis Energy, Inc. (OTCBB:FDEI), today is pleased to announce the November gas production at the North Franklin Project, Sacramento California. Production from the Company's two gas wells, the "Archer-Whitney #1" and "Archer-Wildlands #1" totaled 87.933 Mmcf. Fidelis has a 35% working interest in the North Franklin and a 28% net revenue interest.

The average daily production rate for the month of November totaled 2.93 Mmcf per day, up from 2.83 in October and 2.56 Mmcf in September. The "Archer-Whitney #1 well" produced a total of 51.094 Mmcf at an average rate of 1.704 Mmcf per day and the "Archer-Wildlands #1 well" produced 36.839 Mmcf at an average rate of 1.228 Mmcf per day.

Fidelis receives monthly revenue from the gas production of both wells, which for October production totaled over $198,000. The PGE-Citygate gas price was $12.55 per Mcf on December 5th.

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.

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the acquisition of oil and gas reserves, any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2004 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission

ON BEHALF OF THE BOARD

Fidelis Energy Inc.

-------------------

William Marshall - President

Source: Business Wire

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