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Sea Dragon Energy Inc. ("Sea Dragon") (TSX VENTURE:SDX) is pleased to provide
the following Operational Update on its Drilling Campaign in Egypt.


Kom Ombo Block 2:

The Al Baraka #6 appraisal well has now reached a depth of 4,375 ft in the Six
Hills "E" Formation. In order to adequately evaluate and obtain reservoir
characteristics an extensive coring operation was undertaken with two cores cut
in the Abu Ballas formation and five in the Six Hills "F" formation. At the time
of this release one core was cut in the Six Hills "E" reservoir. Oil Staining
was encountered in the three cored reservoirs. Once the well has reached its
proposed total depth of 5,200 ft, logging and testing operations will commence.
Upon completing the Al Baraka #6 well the rig will move to Al Baraka #5 well
located some 2 km to the northwest.


NW Gemsa:

The Al Amir SE #6 well has now reached a depth of 13,900 ft in the Lower Rudeis
Formation. The primary targets, the two oil bearing sands in the Kareem
Formation were cored and logged. Petrophysical evaluation indicate 30 ft of pay
in the Upper Shagar sand and 24 ft of pay in the lower Rahmi sand. While
drilling in the Lower Rudeis Formation significant gas readings were encountered
over a large section, requiring the operator to increase the mud weight to stop
the well from flowing. Due to safety concerns, drilling operations were
terminated before reaching the Nubia zone. The plan is to case the well and test
all hydrocarbon zones. Significant hydrocarbon shows in the Lower Rudeis are
indicative of the presence of a trap that could also contain the secondary
target being the prolific Nubia sands. Testing the Nubia will now require
engineering and drilling of a new well.


For further information please see the website of the Company at
www.seadragon.ca or the Company's filed documents at www.sedar.com.


Statements in this release that are forward-looking statements are subject to
various risks and uncertainties concerning the specific factors disclosed under
the heading Risk Factors and elsewhere in the Company's filings with Canadian
securities regulators. Specifically that there is no assurance that any
hydrocarbon reserves will be discovered nor is there any assurance that any
hydrocarbons encountered will be in commercially recoverable quantities. Such
information contained herein represents management's best judgment as of the
date hereof based on information currently available. The Company does not
assume any obligation to update any forward-looking statements, save and expect
as may be required by applicable securities laws. 


Sea Dragon is an international exploration and development company with a focus
on the Middle East and an office in Cairo Egypt.

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