Released on = June 13, 2006, 8:30 am

Press Release Author = Econ Corporate Services, Inc

Industry = Energy

Press Release Summary = NaturalGasStocks.com Looks at How Oil and Natural Gas
Industry Participants, Chesapeake Energy, Eden Energy, Petrol Oil and Gas and
Goodrich Petroleum Prepare for the Summer Months

Press Release Body = Hurricane Season Sparks Concerns Over Oil and Natural Gas
Supply Disruptions and Higher Energy Prices
NaturalGasStocks.com Looks at How Oil and Natural Gas Industry Participants,
Chesapeake Energy, Eden Energy, Petrol Oil and Gas and Goodrich Petroleum Prepare
for the Summer Months

POINT ROBERTS, Wash., Delta B.C., June 13, 2006 - www.NaturalGasStocks.com (NGS) and
www.OilandGasStockNews.com (OGSN), global investor websites for the natural gas,
energy and oil industries, take a look at speculation surrounding the 2006 hurricane
season in terms of potential impacts on oil and natural gas supplies and prices.
With the oil and gas sector, and in particular the Gulf region, still recovering
from the devastation caused by Katrina, a damaging 2006 storm season could escalate
industry pressures through additional disruptions and shut-ins, leading to higher
energy prices. Industry participants Chesapeake Energy, Eden Energy Corp, Petrol Oil
and Gas and Goodrich Petroleum forge ahead with their pursuit of increased
exploration, development and production levels, with a close eye on Gulf coast
weather activities.

The National Oceanic & Atmospheric Administration (NOAA) anticipates this season to
be highly active with predictions of between 13 to 16 named storms, with 8 to 10
becoming hurricanes, of which 4 to 6 could become \'major\' hurricanes reaching
Category 3 strength or higher.

While there is anticipation for an active storm season due to numerous variables,
most experts do not anticipate the level of activity we saw last year. Jon Davis,
Meteorologist with Chesapeake Energy Corp (NYSE: CHK) explains, "Last year was an
exceedingly unique situation on many different levels and based on the significant
differences in last year's conditions that produced a record number of storms in the
Gulf, and what we have going on right now, we do not expect the same level this
year."

In addition to the highly anticipated activity of storms along the coast, the nation
is also facing the challenges of hot temperatures that accompany the summer months
ahead. Paul Branagan, President of Petrol Oil and Gas, Inc. (OTCBB: POIG) explains,
"Most of the country is already experiencing some pretty high temperatures and given
that summer is still about two weeks off this means that the utilities usage of
fossil fuels is and will probably continue at high levels throughout the summer.
That demand mixed with the potential adverse effects of the hurricane season
suggests that the oil and gas market will remain extremely volatile and producers
both big and small will have to work hard to maintain supply."

Goodrich Petroleum's (NYSE:GDP) President, Robert Turnham adds, "The impact to the
supply system for oil and gas depends on the path of the hurricanes. If they take
the same path as last year we will once again have a tremendous amount of production
shut-in and potentially lost due to wind and storm surge damage and we could also
see further destruction of demand."

With a pull back on natural gas prices due to a mild winter, weather once again
holds the wildcard on price influence as we move forward into the summer months.
Jeff Mobley, Vice President, of Investor Relations and Research for Chesapeake
Energy states, "To the extent that you take production offline in the Gulf of Mexico
that would very quickly fix the short term supply and demand imbalance and gas
prices would go up materially."

With this in mind, many domestic oil and gas companies are working to increase
exploration, development and production to continue to meet the growing energy
demands. As Don Sharpe, CEO of Eden Energy Corp. (OTCBB: EDNE), an oil and gas
exploration and development company describes, "Our company continues to acquire and
develop a very high quality portfolio of large prospects in the US with the
objective of finding and developing major sources of oil and gas for America."
To Read the Hurricane Season Overview:
http://www.naturalgasstocks.com/Articles/061306.asp

NaturalGasStocks.com (NGS) and OilandGasStockNews.com (OGSN) are portals within the
InvestorIdeas.comT content umbrella. Our sites do not make recommendations, but
offer investors research, news and links to public companies within the oil and gas
sector.

NGS and OGSN also include one of the most comprehensive free oil and gas stock lists
in the investment industry:
http://www.naturalgasstocks.com/Companies/NaturalGas/Stock_List.asp

Featured Oil and Gas Portal Sponsors: (OGSN and NGS are compensated by EDNE and POIG
as indicated in disclaimer below)

Petrol Oil and Gas, Inc. (OTCBB: POIG) For more info click here:
http://www.NaturalGasStocks.com/Petrol_Oil_and_Gas/Default.asp

Eden Energy Corp. (OTCBB: EDNE) For more info click here:
http://www.oilandgasstocknews.com/CO/EDNE/Default.asp


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are currently compensated by its "featured companies" - Eden Energy Corp. (OTCBB:
EDNE) Three thousand five hundred dollars per month. Petrol Oil and Gas, Inc.
(OTCBB: POIG) Four thousand dollars per month, plus six thousand dollars per month
in one forty-four shares.

For more information contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com
Web Site: www.InvestorIdeas.com

Source: NaturalGasStocks.com, Chesapeake Energy, Eden Energy Corp., Petrol Oil and
Gas, Goodrich Petroleum


Web Site = http://www.naturalgasstocks.com

Contact Details = Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com
Web Site: www.InvestorIdeas.com