Columbia Petroleum LLC

 PRESS RELEASE

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.