Oakridge

Wichita Falls, Texas - November 29, 2006 - Oakridge Energy, Inc. (OTC BB: OAKR) (“Oakridge” or the “Company”) announced today that First City Realty Development Corp. (“First City Realty”), the buyer under Oakridge’s contract to sell approximately 1,852 acres of land it owns on Ewing Mesa adjacent to the City of Durango, Colorado for a price of $35,000,000, has failed to make the first two earnest money deposits required by the contract.

The Company believes First City Realty’s failure to make the first two earnest money deposits constitutes a default by First City Realty under the contract.

First City Realty’s failure to make the earnest money deposits followed the death of Larry Day, the owner and president of First City Realty, which occurred after the contract was signed.

Oakridge is exploring its remedies with respect to First City Realty’s failure to make the required deposits, but the Company’s current intentions are to pursue the collection of the total $2,000,000 in earnest money deposits that were to be made pursuant to the contract from First City Realty and Mr. Day’s estate.

Based on First City Realty’s failure to pay the first two required earnest money deposits and based on certain representations made to the Company by representatives of First City Realty and Mr. Day’s estate, the Company believes there is a substantial likelihood that First City Realty will not complete the proposed purchase of Oakridge’s Ewing Mesa property.

Headquartered in Wichita Falls, Texas, Oakridge is also engaged in the exploration, development, production and sale of oil and gas primarily in Texas.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as “expects,” “intends,” and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports for additional factors. These filings can be accessed over the Internet at http://www.sec.gov.

For additional information about Oakridge Energy, contact CTA Integrated Communications, (303) 665-4200, or visit www.oakridgeenergy.com.

###

OAKRIDGE ENERGY ANNOUNCES SIGNING OF AGREEMENT FOR PROPOSED SALE OF COLORADO LAND

Wichita Falls, Texas - October 18, 2006 - Oakridge Energy, Inc. (OTC BB: OAKR) (“Oakridge” or “the Company”) announced today that it has signed a contract to sell the approximately 1,852 acres of land it owns on Ewing Mesa adjacent to the City of Durango, Colorado, to First City Realty Development Corp. for the price of $35,000,000.

First City Realty Development Corp., an experienced residential and golf course development company with projects throughout Colorado, indicated that it is looking forward to entering the Durango market.

Sandra Pautsky, President of Oakridge, said the contract contains a 30-day period for the buyer to determine whether the Company’s title to the property is acceptable but there are no conditions in the contract allowing the buyer to terminate the contract based on the buyer’s due diligence or inspection of the property. The agreement provides for an initial earnest money deposit of $500,000 and three additional deposits of $500,000 each at ensuing 30-day intervals. All of the $2,000,000 in earnest money is non-refundable, except under limited circumstances.

Ms. Pautsky further said that consummation of the agreement would not occur for at least 120 days, and the agreement is conditioned upon the approval of the Company’s shareholders holding a majority of its outstanding shares of common stock at a meeting called for such purpose. Ms. Pautsky has agreed to vote all of the shares she owns or has the right to vote (approximately 62% of the total outstanding shares) in favor of the sale of the property.

Headquartered in Wichita Falls, Texas, Oakridge is also engaged in the exploration, development, production and sale of oil and gas primarily in Texas.

For additional information about Oakridge Energy, contact CTA Integrated Communications, (303) 665-4200, or visit www.oakridgeenergy.com.

OAKRIDGE ENERGY ANNOUNCES TERMINATION OF AGREEMENT FOR PROPOSED SALE OF COLORADO LAND

Wichita Falls, Texas – June 16, 2006 – Oakridge Energy, Inc. (OTC SB: OAKR) (“Oakridge” or the “Company”) announced today that Denali Partners, LLC (“Denali”) elected to terminate the Contract to Buy and Sell Real Estate (the “Purchase Agreement”), by and between Denali and the Company, under which the Company agreed to sell approximately 1,965 acres of land that it owns on Ewing Mesa adjacent to the City of Durango, Colorado to Denali for the price of $40,000,000.

Denali sent the Company written notice of its election to terminate on June 12, 2006. The Purchase Agreement initially provided for a 60-day inspection and study period by Denali during which Denali could terminate the Purchase Agreement for any reason without further obligation to the Company. The initial $2,000,000 earnest money deposit has been returned by the Company to Denali.

Headquartered in Wichita Falls, Texas, Oakridge is also engaged in the exploration, development, production and sale of oil and gas primarily in Texas.

OAKRIDGE ENERGY ANNOUNCES SIGNING OF AGREEMENT
FOR PROPOSED SALE OF COLORADO LAND

Wichita Falls, Texas – April 4, 2006 - Oakridge Energy, Inc. (OTC BB: OAKR) (“Oakridge” or “the Company”) announced today that it has signed a contract to sell the approximately 1,965 acres of land it owns on Ewing Mesa adjacent to the City of Durango, Colorado to Denali Partners, LLC for the price of $40,000,000.

Sandra Pautsky, President of Oakridge, said: “We are pleased that, after more than a year of diligent work on evaluating Oakridge’s alternatives on the Colorado property, the Company has signed a contract that we believe gives full value to Oakridge’s prior investment and work on this site.”

Ms. Pautsky stressed that the consummation of the agreement would not occur for at least 120 days and is subject to a number of conditions that must be satisfied. The agreement provides for an initial earnest money deposit of $2,000,000 and a 60-day inspection and study period for the buyer to be satisfied with all aspects of the property, including the overall economic viability of the buyer’s intended use of the property, the availability or likelihood of obtaining all approvals and permits required for the buyer’s intended use of the property, access to the property by public roads, title to and zoning of the property, the availability of all utilities to the property in adequate capacities and in appropriate locations and the effect of mineral reservations on the value and utility of the property. If the buyer is not satisfied with the results of its investigation at the end of the 60-day period, it can terminate the contract without any further obligation to Oakridge and the initial earnest money deposit will be returned to the buyer. If the buyer elects to go forward with the agreement at the end of the inspection period, an additional $2,000,000 earnest money deposit is required and all of the earnest money becomes non-refundable, except under limited circumstances.

The agreement is further conditioned upon the approval of the Company’s shareholders holding a majority of its outstanding shares of common stock at a meeting called for such purpose. Ms. Pautsky has agreed to vote all of the shares she owns or has the right to vote (approximately 62% of the total outstanding shares) in favor of the sale of the property.

Headquartered in Wichita Falls, Texas, Oakridge is also engaged in the exploration, development, production and sale of oil and gas primarily in Texas.

###

OAKRIDGE ENERGY ANNOUNCES SECOND QUARTER RESULTS
FOR FY 2005

Wichita Falls, Texas – Oct. 19, 2004 – Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its fiscal second quarter ended August 31, 2004.

For the three months ended August 31, 2004, the company reported a net loss of $9,000, or ($0.00) per share, on total revenues of $343,000, compared to a net loss of $17,000, or ($0.00) per share, on revenues of $335,000 for the same period the previous year. Results for the quarter were affected by higher oil and gas revenues due to a significant increase in the company’s average oil price received. The company’s gravel revenues declined approximately $53,000 during the second quarter as a result of reduced gravel sales and road usage fees, and the lack of rentals for surface use.

For the six months ended Aug. 31, 2004, the company had a net loss of $248,000 or ($0.06) per share on revenues of $635,000, compared to a net loss of $75,000 or ($0.02) per share on revenues of $615,000 in the same six-month period of the prior year.

At August 31, 2004, the company had no indebtedness. Cash and cash equivalents totaled approximately $2.5 million. Real estate held for development is carried at cost on the company’s balance sheet at approximately $3.0 million, which the company considers to be a considerable discount to the current market value of the project.

Oakridge does not expect to make any material expenditures during the remainder of fiscal 2005 toward further development of its proposed real estate project at Durango, Colorado, given the company’s decision to attempt to sell the site of the proposed project.

The property that is held for sale consists of approximately 1,965 acres, with approximately 1,400 acres located within an already approved Area Plan atop scenic Ewing Mesa adjacent to the city of Durango. The proposed master planned development calls for a mixed-use project that targets residential, commercial and resort development opportunities within minutes of downtown Durango, the largest city in southwestern Colorado. Years of public meetings and preliminary governmental approvals resulted last January in the approval of the Area Plan by the City of Durango. The proposed project, which is approved for the development of 1,500 to 6,000 residential units, is ready to move forward after a new owner or ownership group is in place and petitions the City of Durango to approve the annexation of the property.

Following the approval of the Area Plan earlier this year, the Durango Herald quoted Vicki Vandergrift, a senior city planner as saying, “One of the things that everybody agreed on in the community was that Ewing Mesa was a good place for growth. It is very developable and it is really desirable.”

Oakridge’s president Sandra Pautsky is currently responding to inquiries regarding the sale of this prime development property and is moving forward with plans to sell the property. Pautsky, who has been diagnosed with a serious illness, has responded extremely well to a treatment program.

Headquartered in Wichita Falls, Texas, Oakridge Energy is engaged in the exploration, development, production and sale of oil and gas primarily in Texas. The company owns approximately 1,965 acres in Colorado that are held for development.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as “expects,” “intends,” and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at http:www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200, or visit www.oakridgeenergy.com.

OAKRIDGE ENERGY ANNOUNCES FIRST QUARTER RESULTS
FOR FY 2005

Wichita Falls, Texas – July 30, 2004 – Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its fiscal first quarter ended May 31, 2004.

The company reported a net loss of $238,000, or ($0.06) per share, on total revenues of $292,000 for the three months ended May 31, 2004, compared to a net loss of $59,000, or ($0.01) per share on revenues of $280,000 for the three months ended May 31, 2003. The company reported $8.1million in total assets with $2.8 million in cash and equivalents, $383,000 in total liabilities, and no long-term debt.

Oakridge Energy carries its Colorado real estate assets on its balance sheet at cost, which it believes is only a small portion of its current market value, based on factors such as the proposed development’s location in a fast growing and desirable region of the country, its close proximity to downtown Durango, Colorado, and the strong desire expressed by the people of Durango to direct the City’s expansion onto the Oakridge property.

An Area Plan has been approved by the Durango City Council that will allow Oakridge’s property to accommodate 1,500 to 6,000 residential units, a proposed 27-hole golf course, as well as resort, office and light commercial uses in the context of an upscale, “new urban” residential village community design concept. The approved Area Plan encompasses approximately 1,400 acres of the company’s prime 1,965-acre parcel located adjacent to the City of Durango.

“We are continuing to respond to inquiries from developers, investors and other parties with an interest in our Durango, Colorado, real estate assets,” said Sandra Pautsky, president of Oakridge Energy, referring to the company’s proposed mixed-use Colorado real estate development.

Parties with an interest in purchasing the 1,965-acre property should contact Randy Camp, 1400 11th St., Wichita Falls, TX 76301, (940) 767-9256.

Headquartered in Wichita Falls, Texas, Oakridge Energy has been engaged in the exploration, development, production and sale of oil and gas primarily in Texas and the planning and development of its real estate development site adjacent to the City of Durango, Colorado.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as “expects,” “intends,” and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200 or visit www.oakridgeatdurango.com for information about the company and its proposed Colorado real estate development.

Oakridge Energy Completes its 35th Year in Business and
Announces Year-End Results
Company is Considering Offers for its Prime Colorado
Real Estate Development Property

Wichita Falls, Texas – June 8, 2004 – Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its fiscal year ended February 29, 2004, marking the company’s 35th year of operations.

For the fiscal year ended Feb. 29, 2004, the company reported a net loss of $151,000, or ($0.03) per share, on revenues of $1.2 million, compared to a net loss of $50,000, or ($0.01) per share on revenues of $1.3 million for the fiscal year ended Feb. 28, 2003. The principal reason for the increase in the company’s net loss in fiscal 2004 was attributed to a $100,000 increase in the company’s reserve for coal mine reclamation costs that was made as of year-end. Approximately 83% of the company’s FY 2004 revenues were generated by oil and gas operations, and approximately 17% by gravel mining operations. The company reported total assets of $8.4 million with total liabilities of $374,000 with no long-term debt.

In January 2004, a final Area Plan was approved by the City of Durango City Council with respect to the company’s planned real estate development atop its 1,965-acre Ewing Mesa property in Durango, Colorado. The area plan covers approximately 1,400 acres of the total acreage owned by Oakridge.

The approval of a final Area Plan constitutes a major step forward for Oakridge in its ongoing efforts to develop its Colorado property. The Area Plan that was adopted by the City of Durango incorporates large areas of open space and preserves hillsides, gulches and other natural features of the terrain, while allowing residential, commercial and resort development opportunities around the proposed golf course and other recreational properties as envisioned by the company’s Conceptual Plan.

The next step in the process will be for the City of Durango to approve the annexation application and Conceptual Plan as previously filed by Oakridge, or possibly as filed by a new owner of the property. The remaining steps would involve the filing of preliminary and final development plans for the property, discussions of these plans at public hearings, and, finally, approval of a final development plan by the Durango Planning Commission and City Council.

“The fact that we are at such an advanced stage in the planning and approval process for this highly regarded, locally supported, mixed-use development that will support up to 6,000 residential units in scenic and highly desirable Southwestern Colorado has not escaped the attention of a number of outside developers and others,” said Sandra Pautsky, president of Oakridge Energy. “Several parties approached us during the approval stage and following the approval of the area plan to express their interest in purchasing the property, but we have not seriously considered this option before now.”

For a variety of reasons, including the extremely high level of interest that the project has already received, the significant value of the development attributed to its prime Southwestern location, and the desire by the City of Durango to have up to 6,000 residences constructed at this location, the company believes that it is now in the best interest of its shareholders to actively seek proposals from all outside parties who have a serious interest in purchasing the 1,965-acre Ewing Mesa property in its entirety. Other reasons for selling the property result from health concerns about the company’s chief executive officer, Sandra Pautsky, who has been diagnosed with a serious illness.

Any parties with an interest in purchasing the 1,965-acre property should contact Randy Camp, 1400 11th St., Wichita Falls, TX 76301, (940) 767-9256.

Headquartered in Wichita Falls, Texas, Oakridge Energy has been engaged in the exploration, development, production and sale of oil and gas primarily in Texas and the planning and development of its real estate development site adjacent to the City of Durango, Colorado.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as “expects,” “intends,” and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200 or visit www.oakridgeatdurango.com for information about the company and its proposed Colorado real estate development.

Wichita Falls, Texas – Jan. 16, 2004 – Oakridge Energy, Inc. (OTC BB: OAKR) is pleased to report that the Durango, Colorado, City Council has approved the Ewing Mesa Area Plan, which calls for a combination live/work/shop/play community atop Ewing Mesa overlooking the City of Durango.

"This is a milestone for Oakridge Energy and the people of Durango, Colorado," said Sandra Pautsky, President of Oakridge Energy, which owns approximately 95% of the Ewing Mesa site. "After years of hearings, proposals and town meetings, the development of our property has at last been given the go-ahead by the city."

The development area, atop the sweeping mesa, is predominantly flat and offers a prime expansion location for this growing southwestern Colorado city. At numerous town meetings over the past three years, Durango residents have expressed overwhelming positive interest in expanding Durango onto the Oakridge Energy property.

Ewing Mesa contains approximately 1,965 acres in total, and is located roughly 300 feet above U.S. Highway 160 and Colorado Highway 3, adjacent to the City of Durango. Approximately 1,400 acres are designated for Oakridge’s planned mixed-use development which could incorporate the construction of anywhere from 1,500 to 6,000 homes. The additional 565 acres belonging to Oakridge are expected to be developed as larger parcels at a later date.

The area plan adopted by the city incorporates large areas of open space and preserves hillsides, gulches and other natural features of the terrain, while allowing unique residential, commercial and resort development opportunities around a proposed golf course and other recreational properties. The company’s proposed master planned development for this site is a mixed-use project that targets residential, commercial and resort development opportunities.

The next steps in the process will be for the City of Durango to approve Oakridge’s previously filed annexation application and conceptual development plan. Then the preliminary and final development plans for the property will have to be filed, reviewed by the city’s planning staff, discussed at public hearings and finally approved by the city’s planning commission and the Durango City Council. At this stage, the company is unable to estimate the timeline for all of the foregoing to occur, although it is optimistic that its annexation application will be acted upon in the near future.

Headquartered in Wichita Falls, Texas, Oakridge Energy has been engaged in the exploration, development, production and sale of oil and gas primarily in Texas and the planning and development of its real estate development site adjacent to the City of Durango, Colorado.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as "expects," "intends," and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at http:www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200 or visit www.oakridgeatdurango.com for information about the company and its proposed Colorado real estate development.

Wichita Falls, Texas – Oct. 29, 2003 – Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its fiscal second quarter and six months ended August 31, 2003.

For the three months ended August 31, 2003, the company reported a net loss of $17,000, or less than one cent per share, on total revenues of $335,000, compared to a net loss of $38,000, or ($0.01), on revenues of $265,000 for the same period the previous year. For the six months ended August 31, 2003, the company reported a net loss of $75,000, or ($0.02) per share, on revenues of $615,000, compared to a loss of $49,000, or ($0.01) per share for the same period the previous year.

At August 31, 2003, the company had no indebtedness. Cash, cash equivalents and investment securities available for sale totaled approximately $3.4 million. Real estate held for development is carried at approximately $2.9 million.
"The company’s proposed Colorado real estate development located on Ewing Mesa in Durango, Colo., has taken an important forward step in the past three months," said Sandra Pautsky, President of Oakridge Energy. "A hearing before the City of Durango Planning Commission with respect to the Area Plan was held on October 6, 2003, at which time the Area Plan was approved by the Durango Planning Commission with solution of a couple of issues expected prior to going before the City Council. A public hearing before the Durango City Council to allow further public discussion and approval of the Area Plan is to be scheduled during the current quarter."

Oakridge has changed its primary focus from oil and gas exploration and production to the planning and development of its 1,100-acre real estate development site adjacent to the city of Durango. The company’s proposed master planned development for this site is a mixed-use project that targets residential, commercial and resort development opportunities.

Headquartered in Wichita Falls, Texas, Oakridge Energy is engaged in the exploration, development, production and sale of oil and gas primarily in Texas. The company owns approximately 1,965 acres in Colorado, including gravel deposits from which it receives lease and royalty income, and of which approximately 1,100 acres are held for development.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as "expects," "intends," and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at http:www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200 or visit http://www.oakridgeatdurango.com for details about the company’s proposed Colorado real estate development.

OAKRIDGE ENERGY ANNOUNCES FIRST QUARTER RESULTS FOR FY 2004

Wichita Falls, Texas – July 28, 2003 – Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its fiscal first quarter ended May 31, 2003.

The company reported a net loss of $59,000 or ($0.01) per share, on total revenues of $280,000, compared to a net loss of $11,000, or less than one cent per share, on revenues of $285,000 for the same period the previous year. Results for the quarter were affected by a decline in oil and gas revenues, a decline in interest income and the changeover of other income from an income item to a loss.

At May 31, 2003, the company had no indebtedness. Cash, cash equivalents and investment securities available for sale totaled approximately $3.5 million. Real estate held for development is carried at approximately $2.9 million.

"With respect to our proposed Colorado real estate development located on Ewing Mesa in Durango, Colo., in June the City of Durango delivered a draft of an area plan to us, and we have since responded with our revisions," said Sandra Pautsky, president of Oakridge Energy. "The City of Durango has expressed that it expects to have us present the proposed development before the planning commission in late August 2003."

Oakridge has changed its primary focus from oil and gas exploration and production to the planning and development of its 1,100-acre real estate development site adjacent to the city of Durango. The company’s proposed master planned development for this site is a mixed-use, project that targets residential, commercial and resort development opportunities.

Headquartered in Wichita Falls, Texas, Oakridge Energy is engaged in the exploration, development, production and sale of oil and gas primarily in Texas. The company owns approximately 1,965 acres in Colorado, including gravel deposits from which it receives lease and royalty income, and of which approximately 1,100 acres are held for development.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as "expects," "intends," and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at http:www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200.

OAKRIDGE ENERGY ANNOUNCES RESULTS FOR FY 2003
Wichita Falls, Texas – July 3, 2003 – Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its 2003 fiscal year ended Feb. 28, 2003.

The company reported a net loss of $50,000, or ($0.01) per share, on revenues of $1.3 million for the year ended Feb. 28, 2003, compared to a net loss of $288,000, or ($0.06) per share, on revenues of $1.2 million for the year ended Feb. 28, 2002.

"We are continuing the process of seeking governmental approvals for our proposed real estate development in Durango, Colorado," said Sandra Pautsky, president of Oakridge Energy. "We are now awaiting the City of Durango to provide a time table for adopting the Ewing Mesa Area Plan."

Headquartered in Wichita Falls, Texas, Oakridge Energy is engaged in the exploration, development, production and sale of oil and gas primarily in Texas. The company owns approximately 1965 acres in Colorado, including gravel deposits from which it receives lease and royalty income, and is held for development.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as "expects," "intends," and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed at http:www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200 www.ctapr.com.

OAKRIDGE ENERGY ANNOUNCES THIRD QUARTER RESULTS FOR FY 2003

Wichita Falls, Texas – January 21, 2003 – Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its fiscal third quarter and nine months ended Nov. 30, 2002.

The Company reported a net loss of $31,000, or ($0.01) per share, on revenues of $245,000 for the three months ended November 30, 2002, compared to a net loss of $7,000, or less than one cent per share, on revenues of $273,000 for the three months ended November 30, 2001. For the nine-month 2002 period, the Company had a net loss of $80,000, or ($0.02) per share on revenues of $795,000, compared to net income of $2,900, or less than one cent per share, on revenues of $992,000 for the 2001 nine-month period. As has been the case in prior quarters of fiscal 2003, lower oil and gas revenues and reduced "other income" were primarily responsible for the net losses in both 2002 periods.

"We are continuing the process of applying for approvals for our real estate property in Durango, Colorado," said Sandra Pautsky, president of Oakridge Energy. "As previously discussed, we have amended our conceptual plan and filings with the City of Durango and will be proceeding with the proposed development once all necessary governmental approvals are obtained."

Headquartered in Wichita Falls, Texas, Oakridge Energy is engaged in the exploration, development, production and sale of oil and gas primarily in Texas. The company owns approximately 1965 acres in Colorado, including gravel deposits from which it receives lease and royalty income, and is held for development.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as "expects," "intends," and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at http:www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200 www.ctapr.com.

OAKRIDGE ENERGY ANNOUNCES THIRD QUARTER RESULTS FOR FY 2005

Wichita Falls, Texas - Jan. 25, 2005 - Oakridge Energy, Inc. (OTC BB: OAKR) announced results for its fiscal third quarter ended November 30, 2004.

For the three months ended November 30, 2004, the company reported a net loss of $7,000, or ($0.00) per share, on total revenues of $336,000, compared to a net loss of $2,000, or ($0.00) per share, on revenues of $311,000 for the same period the previous year. Reduced gravel revenues and interest adversely affected the three month results.

For the nine months ended Nov. 30, 2004, the company had a net loss of $254,000 or ($0.06) per share on revenues of $971,000, compared to a net loss of $77,000 or ($0.02) per share on revenues of $925,000 in the same nine-month period of the prior year.

At November 30, 2004, the company had no indebtedness. Cash, cash equivalents and investment securities available for sale totaled approximately $2.9 million. Real estate held for development is carried at cost on the company's balance sheet at approximately $3.0 million, which the company considers to be a considerable discount to the current market value of the project.

Given the company's decision to attempt to sell its Colorado real estate project, Oakridge does not expect to make any material expenditures on the project during the remainder of fiscal 2005.

The property that is held for sale consists of approximately 1,965 acres, with approximately 1,400 acres located within an already approved Area Plan atop scenic Ewing Mesa adjacent to the City of Durango. Currently Sandra Pautsky, Oakridge's president is responding to inquiries regarding the sale of this prime development property.

Headquartered in Wichita Falls, Texas, Oakridge Energy is engaged in the exploration, development, production and sale of oil and gas primarily in Texas. The company owns approximately 1965 acres in Colorado, including gravel deposits from which it receives lease and royalty income, and is held for development.

Certain information included in this news release contains forward-looking statements. Such forward-looking statements are based on management’s current projections and estimates and are identified by words such as "expects," "intends," and similar words. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from what is expressed in such forward-looking statements. Please refer to the Company’s SEC reports, including but not limited to the most recent Form 10-QSB and the annual report on Form 10-KSB for additional factors. These filings can be accessed over the Internet at http:www.sec.gov.

For additional information about Oakridge Energy, contact CTA Public Relations, (303) 665-4200 www.ctapr.com.

News Archives