BPG Bpi Energy Holdings,

BPI Energy Holdings, Inc. (Amex:BPG), an independent energy company producing and drilling for coalbed methane (CBM) in the Illinois Basin, today announced that management will make a presentation at the IPAA Oil & Gas Investment Symposium on Wednesday April 25th at 11:20 AM Eastern Time. The presentation will be broadcast live over the Internet. James G. Azlein, Chief Executive Officer and President, and James E. Craddock, Chief Operating Officer, will make the presentation, which will highlight the company�s fiscal 2007 second-half drilling program. Listeners may access the web cast via the Company�s web site at http://www.bpi-energy.com . For those able to listen to the live web cast, an archived replay will be also be available on the company�s website following the presentation. Additional requests for one-on-one meetings in New York should be forwarded to James Constas at jconstas@enercominc.com Accompanying slides for the investor presentation can be found on company�s web site. The conference runs from April 23 through April 25, 2007, and is being held at the Sheraton New York Hotel & Towers. About BPI Energy BPI Energy (BPI) is an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, which covers approximately 60,000 square miles in Illinois, southwestern Indiana and northwestern Kentucky. The company currently controls the dominant CBM acreage position in the Illinois Basin at approximately 500,000 acres. News releases and other information on the company are available on the Internet at: http://www.bpi-energy.com Some of the statements contained in this press release and related presentation may be deemed to be forward-looking in nature, outlining future expectations or anticipated operating results or financial conditions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results or conditions to differ materially from the information expressed or implied by these forward-looking statements. Some of the factors that could cause actual results or conditions to differ materially from our expectations, include, but are not limited to: (a) our inability to generate sufficient income or obtain sufficient financing to fund our operations or drilling plan through July 31, 2007, (b) our inability to retain our acreage rights at our projects, at the expiration of our lease agreements, due to insufficient CBM production, or for other reasons; (c) our failure to accurately forecast CBM production, (d) displacement of our CBM operations by coal-mining operations, which have superior rights in most of our acreage, (e) our failure to accurately forecast the number of wells that we can drill, (f) a decline in the prices that we receive for our CBM production, (g) our failure to accurately forecast operating and capital expenditures and capital needs due to rising costs or different drilling or production conditions in the field, (h) our inability to attract or retain qualified personnel with the requisite CBM or other experience, and (i) unexpected economic and market conditions, in the general economy or the market for natural gas. We caution readers not to place undue reliance on these forward-looking statements.