Ambra Resources Group Inc. Announces Major Progress in Cessford, Alberta Joint Venture Drilling Program.

    Business Editors

      VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 16, 2000--Ambra
Resources Group Inc. (OTCBB:ABRG) owns a 5.8% working interest with
partners in a Joint Venture Oil & Gas program in the Cessford area of
Alberta, Canada.
      The Joint Venture controls or owns 219 sections (over 140,000
acres) of Oil and Gas leases with high percent working interests and
has a gas gathering system in place totaling over 60 miles. When Ambra
Management toured this massive project in late October there were 17
Wells producing of a planned 36 Wells to be completed during this
current work program.
      The following illustrates the estimated dollar value based on
$7.14 (CDN) per thousand cubic feet of gas.
-0-
*T        GAS       NET GAS  UNDISCOUNTED         DISCOUNTED
         MMSCF/a     MMSCF   DOLLAR VALUE         DOLLAR VALUE

                                           10%      12%        15%

                                  $         $         $         $

Proven &    1,179     862    5,677,644  3,055,921 2,807,817  2,515,904
Producing Wells

Proven &
Developed   1,207     913    5,833,565  2,707,551 2,430,570  2,104,166
Non-Producing
Wells

Probable    1,750   1,392    8,403,768  3,080,849 2,659,053  2,179,874
Reserve
Wells

Land          ---     ---      249,647    249,647   249,647    249,647


Total       4,136   3,227   20,164,624  9,093,968 8,147,087  7,049,591
*T
    (a) Million Cubic Feet

      Current Monthly revenues from the sale of gas are being converted
to the continuing production work program of hooking-up additional
Wells.
      A Planned three or four month hiatus during the early new year
will result in monthly Revenue Cheques to be issued to Ambra in order
to shore up finances for the 2001 work program. With each additional
Well being hooked-up monthly revenue will increase. With the price of
gas over $5.00 MCF USD and expected to rise due to winter demands,
this puts Ambra in an excellent revenue position. The declining
Canadian dollar further enhances the projected revenues.

      By the Board of Directors, Ambra Resources Group Inc.

    --30--DS/se*

    CONTACT: Ambra Resources Group Inc., Vancouver
             Investor Relations, 800/698-3377 or 604/669-2723
             http://www.ambraresources.com
             or
             Information Technology Division, Princeton,  N.J.
             Steven J. Weiss, 609/452-5617

    KEYWORD: INTERNATIONAL CANADA
    INDUSTRY KEYWORD: ENERGY MINING/METALS OIL/GAS