Altus Explorations, Inc. Announces Update on Kansas Lake Creek Prospect.

OLIVE BRANCH, Miss. -- Altus Explorations, Inc. (the "Company" or "Altus") (OTCBB:ATUX) announces an update on its Lake Creek development activity, located in Southeast Kansas. The Lake Creek No. 3 has been completed with gross initial test flows rates of approximately 130 Mcf natural gas production per day. The Lake Creek No. 2 is in the process of being completed and initial flow tests are being conducted. Recent wet weather has limited access to and delayed completion of the Lake Creek No. 4. The Lake Creek No. 1 commenced commercial production on January 18, 2005.

Altus' participation in the drilling and development of the Lake Creek Prospect is pursuant to its Amended Farmout Agreement with Orbit Energy, LLC. The Amended Agreement provides Altus the right to participate in the Lake Creek Prospect with a working interest up to 25%, for which the Company is responsible for its proportionate share of capital expenditures attributable to its working interest in the wells.

Altus is a development stage oil and gas company primarily focused on developing its natural gas reserve holdings in Texas, and the continuing participation in building its Kansas producing reserve base.

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, production rates and schedules, and drilling and development plans.