Trophy Resources to Reopen Oil Well, Rework Contract

Trophy Resources, Inc. (PINKSHEETS: TRSI) announces they have begun the process of reopening their O&G holdings in Runnells County, Texas.

Trophy and their operating partner, IRA Oil and Gas of Addison (Dallas), TX (IRA) have worked through their management issues that stalled this project just prior to the end of 2006 and have scheduled the repair of the initial producing well on the site as well as commencing rework of the two additional wells as was originally planned for 2006.

"We are please to get this project back on track. With over 600,000 barrels of oil in the estimated reserve and oil currently trading at over $74.00/bbl, we should be able to quickly realize capital income from this project," said Eric Leonetti, Trophy President/CEO. "This should be accomplished by bringing the initial well back on line, achieving the average 18 bbl/day production it was producing and adding the two additional wells for which we have similar expectations."

The plans call for the formerly producing initial well to be back on line in the next three weeks, followed by the rework of the second and third wells prior to the end of September. This time table anticipates acceptable weather in Texas and the ability to get the equipment on site.

This project offers a unique opportunity to take advantage of re-completion and redevelopment technologies that are now main stream. Trophy plans to continue their association with IRA to further explore opportunities in the Bend Arch, Ft. Worth and Permian Basins.

Trophy Resources assesses all projects on the basis of defined investment criteria including the preservation of capital and mitigation of risk.

About Trophy Resources

Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas and the Casper Arch/Wind River Basin in Wyoming. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," "planned," "will," "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration company with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.