PRESS RELEASE

Date: November 24, 2008

Information:  Chester F. English
Investor Relations
Tel:  (601) 713-4011

Fax:  (601) 713-4013

E-mail: cenglish@columbiapetroleum.com

Website: www.columbiapetroleum.com

Columbia Petroleum LLC announces the well log analysis for its Nick Ross 24-11 #2 well in Little Cedar Creek Field, Conecuh County, Alabama.  This well represents an extension of the Little Cedar Creek Field and is located adjacent to 4 successful drilling units already established in the field unit. The primary target of the well is the Smackover Limestone; this is the primary producing formation of the Little Cedar Creek Field and is known as a prolific oil producer throughout southern Alabama.  Timothy W. Hurst - Chief Geologist for Columbia Petroleum, LLC analyzed the well log and his report is as follows:

The top of the Smackover was encountered at a log depth of 11,451 feet (11,273 feet subsea depth). Immediately below the formation top, a large gas show (2004 units) was observed in the mud log, indications that the upper portion of the Smackover is fully pressurized and of virgin character. Crossover of the density and neutron curves, indicating a strong concentration of hydrocarbons, was noted from 11,459’- 11,476’. Slight separations in the shallow and deep resistivity measurements throughout this zone imply that the probable pay is oil. Confirmed 84 oil shows at the mud log.

The formation then exhibits a notable tightening from 11,478’- 11,503’. A pullback in the gamma ray curve in the top eight feet of this zone is indicative of an anhydrite lamer. This anhydrite signature is characteristic of all well logs in the field and represents an impermeable barrier separating the Smackover into two independent acting reservoirs. Immediately below the anhydrite, extremely dense limestone is observed. This was also observed in the logs of the neighboring Midroc Tisdale 23-9 well, where it proved to be non-productive following perforation and multiple acidation treatments.

Below the tight zone, porosity increases and crossover of the density and neutron curve is observed again from 11,506’-11,508’ and 11,518’-11,532’. High resistivities and near-crossovers are present in the intervent 10’, implying that the entire range 11,506’-11,532’ is productive oil pay. Below the Smackover and extending to the well TD are a series of igneous and metamorphic conglomerates that form the Paleozoic basement, the original foundation strata of the region. Within this zone is a well developed sand formation with the concentrations of conglomerate inclusions. This sand is tentatively identified as the Norphlet Sandstone based on the concentration of orange sands reported in the drilling returns by the mudlogger. The absence of this sand in the Midroc Tisdale 24-3 well implies that it is the extreme updip portion of a sand lens extending and thickening to the south. Crossover of the density and neutrons curves was observed in this sand from 11,706’-11,716’. In combination with high resistivities, gamma ray and RNA indications, it is possible that this represents oil pay.

In summary, the following pay zones were identified by various logging techniques and tests:

Upper Smackover: 11,459’-11,476’ (27’ total)   200,000 barrels probable

Lower Smackover: 11,506’-11,532’ (26’ total)   400,000 barrels probable

Norphlet Sandstone: 11,706’-11,716’ (10’ total) 150,000 barrels possible

                                                                        750,000 barrels Total Probable/Possible

Further results will be released upon completion of the well, now scheduled for the first week in December, 2008

Columbia Petroleum LLC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.  The Company’s oil and gas assets and activity are concentrated primarily in Oklahoma, Mississippi, Alabama and Louisiana.

This press release includes statements, which may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital for development of mineral projects and other projects, acceptance of the Companies' products and services in the marketplace, competitive factors, dependence upon third-party vendors, and other risks detailed in the Companies' periodic report filings with the "Securities and Exchange Commission". By making these forward-looking statements, the companies undertake no obligation to update these statements for revision or changes after the date of this release. There can be no assurance that the transactions discussed in this press release will be consummated.

Date: October 27, 2008
Website: www.columbiapetroleum.com
E-mail: cenglish@columbiapetroleum.com

Information: Chester F. English
Investor Relations
Tel: (601) 713-4011  Fax:  (601) 713-4013

Columbia Petroleum LLC Provides Update on its Little Cedar Creek Field Activity

COLUMBIA, MS – Columbia Petroleum ("Columbia" or the "Company") announced the Company has started drilling on its Nick Ross No. 2 well.  Surface casing has been set to approximately 2500 feet and the project is drilling ahead.  Planned total drilling depth on the well is approximately 11,600 feet.  The Nick Ross #2 is Columbia’s first Smackover formation well to be drilled in the Company’s southern acreage position in both Alabama and Mississippi.

Log analysis identified the Smackover and other potentially productive zones in addition to two gas zones in Columbia’s Baxterville, MS well.  The Nick Ross 24-11 #2 can be considered as an infill development well as other independent oil companies have been active in the section for over 3 years with successful wells drilled.  The Ross well is an offset to the Midroc Tisdale 24-3 and the Sanders 23-1.  These have been the most successful wells to date in the field and are expected to be geologically similar.

“The Smackover formation soon to be drilled in the Nick Ross #2 well is comparable in thickness and quality to the formations currently being produced by operators in Little Cedar Creek Fields,” stated Timothy Hurst, Chief Geologist for Columbia Petroleum.

Columbia anticipates completion operations in the Smackover to begin on the Nick Ross #2 within 15 days.  Columbia has a 45% working interest in this well.

Columbia Petroleum LLC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.  The Company’s oil and gas assets and activity are concentrated primarily in Oklahoma, Mississippi, Alabama and Louisiana.

This press release includes statements, which may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital for development of mineral projects and other projects, acceptance of the Companies' products and services in the marketplace, competitive factors, dependence upon third-party vendors, and other risks detailed in the Companies' periodic report filings with the "Securities and Exchange Commission". By making these forward-looking statements, the companies undertake no obligation to update these statements for revision or changes after the date of this release. There can be no assurance that the transactions discussed in this press release will be consummated.

Date: September 26, 2008

Information:  Chester F. English
Investor Relations
Tel:  (601) 713-4011

Fax:  (601) 713-4013

E-mail: cenglish@columbiapetroleum.com

Website: www.columbiapetroleum.com

Columbia Petroleum LLC Provides Update on its Fayette Field Activity

Columbia Petroleum announces the drilling of the Burt Pohlmann #1 well in the Fayette Field (Jefferson County, Mississippi).  The well was drilled to a total depth of 10,506 feet and is presently undergoing completion.  Log analysis and core data confirmed 84 feet of oil pay in the Lower Tuscaloosa Massive Sand, the primary drilling objective of the well. 

The well is also sufficiently high on structure to allow several of the Upper Tuscaloosa sands to be productive for natural gas.  Reserves in the Lower Tuscaloosa Massive are estimated at 500,000 barrels of oil. 

Timothy Hurst, Chief Geologist for Columbia Petroleum LLC said, “Three more similar prospects have been identified at Fayette and are scheduled for drilling in the first quarter of 2009”.   

Further results will be released upon completion of the well, now scheduled for the first week in November, 2008

Columbia Petroleum LLC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.  The Company’s oil and gas assets and activity are concentrated primarily in Oklahoma, Mississippi, Alabama and Louisiana.

This press release includes statements, which may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital for development of mineral projects and other projects, acceptance of the Companies' products and services in the marketplace, competitive factors, dependence upon third-party vendors, and other risks detailed in the Companies' periodic report filings with the "Securities and Exchange Commission". By making these forward-looking statements, the companies undertake no obligation to update these statements for revision or changes after the date of this release. There can be no assurance that the transactions discussed in this press release will be consummated.

Date: August 11, 2008

Information:  Chester F. English
Investor Relations
Tel:  (601) 713-4011

Fax:  (601) 713-4013

E-mail: cenglish@columbiapetroleum.com

Website: www.columbiapetroleum.com

Columbia Petroleum LLC Provides Update on its Mallalieu Field

Columbia Petroleum, LLC announces the completion of the Nick Ross 19-11 #1 well in the West Mallalieu Field (Lincoln County, Mississippi).  The well was drilled to a total depth of 10,673 feet and completed in the Lower Tuscaloosa Sandstones.  Current production is 150 BOPD at a flowing pressure of 950 psi. 

The Ross well is a direct offset to a field presently in secondary recovery by carbon dioxide flooding and represents a previously unidentified extension of the Lower Tuscaloosa sands.  Further, nine additional pay zones were identified by log analysis. 

Lower Tuscaloosa reserves on the lease have been determined to be approximately 1,600,000 barrels of oil.  Another well location has been surveyed and staked on this lease and two additional similar wells are in planning. 

“This is the Company’s first well in the Mallalieu Field.  Further offset leases are being actively identified and pursued.  We expect to drill more wells in the area based on the success of the Nick Ross 19-11 #1 well,” said Bill Simmons, Managing Member for Columbia Petroleum LLC.

Columbia Petroleum LLC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.  The Company’s oil and gas assets and activity are concentrated primarily in Oklahoma, Mississippi, Alabama and Louisiana.

This press release includes statements, which may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital for development of mineral projects and other projects, acceptance of the Companies' products and services in the marketplace, competitive factors, dependence upon third-party vendors, and other risks detailed in the Companies' periodic report filings with the "Securities and Exchange Commission". By making these forward-looking statements, the companies undertake no obligation to update these statements for revision or changes after the date of this release. There can be no assurance that the transactions discussed in this press release will be consummated.

Date: July 29, 2008

Information:  Chester F. English
Investor Relations
Tel:  (601) 713-4011

Fax:  (601) 713-4013

E-mail: cenglish@columbiapetroleum.com

Website: www.columbiapetroleum.com

Columbia Petroleum LLC Provides Update on its Baxterville Field

COLUMBIA, MS –  Columbia Petroleum LLC announces the completion of the Tim Hurst #1 well in the Baxterville Field (Lamar County, Mississippi).  The well was drilled to a total depth of 3763 feet and completed in the Wilcox Sandstones.  Current production is 400 MCF of gas per day at a flowing pressure of 1300 psi from the first of five pay sections identified by log analysis.  Total reserves are estimated at 2 BCF. 

This well is particularly important as it is the first commercially successful well to be completed in the Wilcox within the field, opening the opportunity for further Wilcox exploration in a field historically dominated by deeper production.

Additional prospects similar to the Tim Hurst #1 are in various stages of the development process.   “We are particularly pleased with the log analysis identifying multiple pay sections of the Wilcox formation thereby supporting our belief that meaningful hydrocarbon reserves - that have historically been overlooked by others, remain to be recovered within known fields,” said Bill Simmons, Managing Member for Columbia Petroleum. 

Columbia Petroleum LLC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.  The Company’s oil and gas assets and activity are concentrated primarily in Oklahoma, Mississippi, Alabama and Louisiana.

This press release includes statements, which may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital for development of mineral projects and other projects, acceptance of the Companies' products and services in the marketplace, competitive factors, dependence upon third-party vendors, and other risks detailed in the Companies' periodic report filings with the "Securities and Exchange Commission". By making these forward-looking statements, the companies undertake no obligation to update these statements for revision or changes after the date of this release. There can be no assurance that the transactions discussed in this press release will be consummated.