CURLEW LAKE RESOURCES INC V.CWQ

Update

[kirkland49]

July 30, 2006 Langley , BC , Canada : The Company provides Métis Project information and updates other current operations. Métis Project presentation click here Métis Project , Alberta - The Company has published to the corporate website a presentation giving an overview of the Métis project in Alberta . We think this presentation will help shareholders and interested parties to understand the scope of this project. The company and its partners are currently working on plans to drill the first 10 wells, expected to commence in September. This phase will be followed by a program to drill an additional 30 infill wells on the same lands. Production rates ranging up to 3 MMCF/day are possible on some of these wells. The company and its partners consider this to be a low risk development project based on a review of both 2D & 3D seismic. After the first 10 wells are drilled the company will be working with its partners Métis Moccasin Resources (A Private Métis-Owned Alberta Company) and Propel Energy Corporation (A Private Alberta Company) to acquire oil and natural gas rights to develop an additional 48 sections (approx. 31,000 acres) on the Kikino Settlement Lands. The company has also been notified that the opportunity exists to acquire rights to a multitude of sections on the adjacent Buffalo Lake Métis Settlement. Management is very excited about this project, as it will probably become the largest project in the corporate portfolio. The Company has been advised that Frontier Engineering staff has prepared plans for the initial drilling program, expected to be reviewed by the partners in the next week. Fosterton , Saskatchewan - The Company is currently waiting for the final processing agreement after which production will commence. The company is expected to be in a net income position in Q3 based on projected production from this well. Clear Creek , Yukon - The Company has completed the first stage of the Summer Yukon program. The magnetic survey completed should assist in further defining the intrusive target. The company has been notified that a drilling rig is currently in Whitehorse and available. The drilling company has indicated crews, which have been in short supply, may be available in August. The program is intended to target a number of locations with approximately 1000 metres of trenching and 450 metres of core drilling expected to take 2-3 weeks. The company will release results as soon as they are available. Aidan Capital Agreement - Curlew Lake has been working with Aidan capital to proceed with the second stage of the agreement announced Dec 14, 2004. Aidan Capital has completed the restructuring of the Curlew Lake subsidiary and this week communicated to the company its plans to bringing revenue-generating properties to the company. The company is pleased with the latest developments and is hopeful something can be finalized and released in the coming weeks. Turner Valley project - - The Company has been notified that production from our Turner Valley interest producing wells will be increased later this year as a result of changes planned at the gas processing plant. The 6-8 well is currently producing at a reduced rate and is at approx. 44% of payout. The companies' interest increases considerably after payout. This project will continue to make a significant impact on the financial position of the Company. Ekho Oil Project, San Joaquin Valley, California - The Company has confirmed that partners have resumed testing of the Ekho No. 1 deep well some 40 miles northwest of Bakersfield, California after a flare from an estimated 750,000 cubic feet per day initial rate of produced gas could easily be seen from Interstate Highway 5 three miles to the east. Updates will follow on the above-mentioned projects as developments occur. For additional information or to be added to the corporate mailing list please visit the following page https://www.curlew-lake.com/cwq/mail.html On behalf of the Board of Directors, “David D. McKee” Chief Financial Officer For more information contact: Curlew Lake Resources Inc. David D. McKee, Chief Financial Officer Tel: [phone] Fax: [phone] Email: [e-mail]