DPE Drake Energy Ltd.

Drake Pacific Enterprises Ltd. ("Drake") (TSX VENTURE:DPE) announces the
successful tie-in and production start-up of the Retlaw 12-32-12-18 natural gas
well, the spudding of which was announced on June 23, 2008. The well has been
producing since October 11, 2008 at steadily increasing rates and has now
stabilized at 750 mcf/d (Drake's net working interest 28.875 %). This addition
brings Drake's current production to approximately 220 boed. This will be
further augmented by the restoration of approximately 60 boed of shut-in natural
gas at Sousa, anticipated by year-end.


This news release contains forward-looking information, Implicit in this
information are assumptions regarding commodity pricing, production , royalties
and expenses that, although considered reasonable by the Company at the time of
preparation, may prove to be incorrect. These forward-looking statements are
based on certain assumptions that involve a number of risks and uncertainties
and are not guarantees of future performance. Actual results could differ
materially as a result of changes in the Company's plans, commodity prices,
equipment availability, general economic, market, regulatory and business
conditions as well as production, development and operating performance and
other risks associated with oil and gas operations. There is no guarantee made
the Company that the actual results achieved will be the same as those
forecasted herein. Barrel of oil equivalent ("boe") amounts may be misleading,
particularly if used in isolation. A boe conversion ratio has been calculated
using a conversion rate of six thousand cubic feet of natural gas to one barrel
and is based on an energy equivalent conversion method application at the burner
tip and does not necessarily represent an economic value equivalent at the
wellhead.

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