OTC: BFDE
MEDIA RELEASE
July 28, 2006
NON-STOP ACTION IN THE EAST CHANDLER FIELD
EDMOND, Oklahoma, July 28, 2006; Newswire - Bedford Energy, Inc. (OTC "BFDE") (Cusip 076110 105) announced today that its Grace #3 well located ain the East Chandler Field, Oklahoma, as reached a depth of 4,220 feet and has had excellent shows in both the Pru and Red Fork formations. A total depth (TD) of 5,100 feet is scheduled to be drilled through the Hunton Formation.
Grace #1 is in the final stages of completion and the Grace #4 location is being built and drilling is scheduled to begin the first week of August.
For more detailed information on the Company or for a current status of our drilling results, please contact BFDE@bedfordenergy.com or visit www.bedfordenergy.com
About Bedford
Independent Oil and Gas
Bedford Energy specializes in the recovery of oil & gas reserves through acquisition and project development, including existing field enhancement, and low-risk exploration opportunities. The Company has also created an oil field equipment division with specific industry alliances for resale.
SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Bedford believes the forward-looking statements are based on current reasonable assumptions but can give n assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood. Bedford assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Bedford Energy, Inc, 221-B W. Edmond RD, Edmond OK 73003