Entek provides High Island update

Entek Energy Limited reports receipt of revenue from itsHIGH ISLAND 24L producing interest for gas produced during November 2007.

Entek has received payment of US$492,426 (equivalent to A$551,738) as its net revenue share for gas and liquids produced during November 2007 from the HIGH ISLAND 24L gas field operation.

This revenue is in line with forecasts and reflects the stabilization of production rates following commissioning of the production facilities that commenced on October 18th 2007.

Entek expects to continue to receive monthly income from High Island 24L production, at approximately this level, for the foreseeable future.

Through its wholly owned subsidiary Entek USA Limited, LLC, the Company has a 5% Working Interest in production from two wells in the High Island 24L producing gas field.