Magnum Energy Inc. (TSX VENTURE:MEN) announces that in accordance with National
Instrument 51-101, Standards of Disclosure for Oil and Gas Activities of the
Canadian Securities Administrators, the Company has filed its reserves data and
other oil and gas information (51-101F1, F2 and F3) for the years ended August
31, 2006 and August 31, 2007, copies of which may be obtained on www.sedar.com
or by contacting the Company.


About Magnum Energy Inc.

Magnum Energy Inc. is a junior oil and gas exploration company operating in the
Western Canadian Sedimentary Basin. The Company is headed by Ted Konyi, CEO, who
has had extensive experience in the financing of oil and gas projects in Western
Canada. The Company has established an initial core area in South Eastern
Alberta which it believes will produce significant cash flow for the Company
upon completion of a comprehensive drilling program.