PRB Energy to Present at IPAA 2007 OGIS New York.

DENVER -- PRB Energy, Inc. ("PRB" or the "Company") (AMEX:PRB), an oil and gas exploitation and development company operating in the Rocky Mountain States, today announced that Robert W. Wright, Chairman and CEO, and William F. Hayworth, President and COO, will be presenting at the Independent Petroleum Association of America ("IPAA") Oil and Gas Investment Symposium (OGIS) being held in New York from April 23 - 25, 2007 at the Sheraton NY Hotel & Towers. PRB's presentation will take place on Wednesday, April 25th, at 10:55 AM in the Empire East Presentation Room.

OGIS New York is the premier outlet for publicly traded independent exploration and production and service and supply companies to present their company profiles to the investment community. Last year's Symposium attracted over 1,600 attendees, including more than 700 buy/sell-side analysts and portfolio managers and 100 presenting companies.

The information to be presented is currently available on the Investor Relations page of the Company's website, www.prbenergy.com, by clicking the link "PRB Energy, Inc. Investor Presentation". After April 25th, a webcast of the presentation may also be accessed on this page of the Company website.

Independent Petroleum Association of America

The IPAA (www.ipaa.org) is a national trade association headquartered in Washington, D.C., which represents the thousands of independent oil and natural gas producers and service companies across the United States. It serves as an informed voice for the exploration and production segment of the industry, and advocates its members' views before the U.S. Congress, the Administration and federal agencies. IPAA provides economic and statistical information about the domestic exploration and production industry. IPAA also develops investment symposia and other opportunities for its members.

PRB Energy, Inc.

Having commenced operations in January, 2004, PRB Energy has evolved into an exploitation and gathering company with development activities in the Rocky Mountain States. The Company is vertically integrated, combining upstream E&P (exploration and production) with midstream gathering and processing. This model is intended to increase PRB Energy's access to and acquisition of high-potential development properties at attractive prices, to deliver cost savings, and to provide additional revenue through the gathering of third-party gas.