The Board of Directors of XGEN Ventures Inc. (the "Company" or "XGEN")(TSX
VENTURE:XGN.H) is pleased to announce that as part of its continuing effort to
add shareholder value, the Company has now activated its Montag Gas Processing
Facility located in the Peace River Arch region of North Western Alberta.


XGEN is currently processing and delivering natural gas to market from one of
the Company's wellsites in the area. The stabilized production is from a gas
formation at an average rate of 460 Mcf/day. The Company's net share of this
production is 40%.


In its capacity as Operator of the Montag Gas Processing Facility and numerous
wellsites in the area, XGEN intends to add additional production on a
progressive basis, as it evaluates its various additional wellsites, production
prospects, and properties in the area.


Forward-Looking Statements

Information provided herein contains forward-looking statements. The reader is
cautioned that assumptions used in the preparation of such information, which
are considered reasonable by the company at the time of preparation, may prove
to be incorrect. Actual results achieved may vary from the information provided
and the variations may be material. There is no representation by the Company
that actual results achieved will be the same in whole or in part as those
indicated in the forward-looking statements.