NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES.


Border Petroleum Corp. (TSX VENTURE:BOR) ("Border" or the "Corporation") is
pleased to announce that it is granting stock options to directors, officers,
employees and consultants to purchase an aggregate of 12,550,000 Common Shares
of the Corporation exercisable at $0.23 per share for a period of five years.
After this grant, the Corporation's total outstanding stock options will
represent 7.0% of Border's issued and outstanding common shares.


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