SOURCEHighpine Oil Gas LimitedJonathan A

Despite lower near-term projected cash- lows, we belie e thatshareholders are best ser ed by undertaking these projects at this time. Weare ortunate to ha e the inancial lexibility to execute on this plan."Updated Corporate PresentationAn updated corporate presentation will be posted on the Highpine website at be ore the market opens tomorrow.Highpine is a Calgary-based oil and natural gas company engaged in exploration or and the acquisition, de elopment and production o natural gas and crudeoil in western Canada. Highpine's current exploration and de elopment e ortsare ocused in the West Pembina Nisku and West Central Alberta Gas airway,both located in Central Alberta.

The Company's common shares trade on theToronto Stock Exchange under the symbol "HPX".Reader Ad isory-Certain in ormation in this news release contains orward-looking statementsincluding management's assessment o uture plans and operations o Highpine,expectations o uture production, and plans or and results o explorationand de elopment acti ities and other operational de elopments. These orward-looking statements are subject to numerous risks and uncertainties,certain o which are beyond Highpine's control including, without limitation,risks associated with oil and gas exploration, de elopment, exploitation,production, marketing and transportation, risks associated with sourhydrocarbons, changes to the proposed royalty regime prior to implementationand therea ter, loss o markets, olatility o commodity prices, currency luctuations, imprecision o reser e estimates, en ironmental risks,competition rom other producers, inability to retain drilling rigs and otherser ices, capital expenditure costs, including drilling, completion and acilities costs, unexpected decline rates in wells, delays in projects and/oroperations resulting rom sur ace conditions, wells not per orming asexpected, delays resulting rom or inability to obtain required regulatoryappro als and ability to access su icient capital rom internal and externalsources. As a consequence, actual results may di er materially rom thoseanticipated in the orward-looking statements. Readers are cautioned that the orgoing list o actors is not exhausti e. Additional in ormation on theseand other actors that could e ect Highpine's operations and inancialresults are included in reports on ile with Canadian securities regulatoryauthorities and may be accessed through the SEDAR website () andat Highpine's website (). urthermore, the orward-lookingstatements contained in this news release are made as at the date o this newsrelease and Highpine does not undertake any obligation to update publicly orto re ise any o the orward-looking statements, whether as a result o newin ormation, uture e ents or otherwise, except as may be required byapplicable securities laws.Boes may be misleading, particularly i used in isolation. A boe con ersionratio o six mc to one bbl is based on an energy equi alency con ersionmethod primarily applicable at the burner tip and does not represent a alueequi alency at the wellhead.The Toronto Stock Exchange has neither appro ed nor disappro ed thein ormation contained herein.SOURCEHighpine Oil & Gas LimitedJonathan A.

Lexier, President and Chie Executi e O icer, Tel: (403)508-9550, ; Chuck Buckley, Senior ice President,Exploration, Tel: (403) 508-9535, ; ax: (403)508-9503, Website: ATLANTA(Business Wire)Na ajo Wind Energy Corp. (the "Company" and ormerly Caliber Energy Inc.) (PinkSheets: CLBN), today announced that it has secured a line o credit inancing or up to $2.5 Million USD with pri ate energy und Xiyas De elopment CapitalLtd (XDCL). Barry Doyle, CEO o Na ajo, commented, "We are ery pleased to announce thissigni icant inancing rom XDCL that will pro ide the Company with the necessarycapital to expand and de elop our wind energy projects in China during 2009." China is one o the worlds largest and most attracti e markets or renewableenergy projects. Wind power generation has increased by more than 100 percentper year since 2005 in China, but it still relies hea ily on coal which supplies65 per cent o the countrys energy needs. China currently ranks i th globallyin installed wind energy capacity with o er 9,000 MW in 2008, with orecastsprojecting an increase to 50,000 MW by 2015. Thisinitiati e combined with the population-dri en demand or energy will likely seeChina become the worlds largest consumer o wind-generated power About Na ajo Wind EnergyNa ajo Wind Energy, Corp.