Domestic Energy Announces Appalachian Shale Plan

HONEOYE FALLS, NY, Apr 28 (MARKET WIRE) --
Domestic Energy Corp. (PINKSHEETS: DMEC), an independent oil and gas
exploration and development firm, announced here today it plans to become one
of the early participants in the new Chattanooga Shale natural gas
development in Tennessee.

"Domestic Energy has people in the gas fields of Tennessee today,
launchingits bid to become one of the large independents operating in the
state," said
Larry Hillabrandt, President, Domestic Energy Corp.

"We will initially focus on acquiring existing wells and shale leases,
thenbegin the construction of a gas gathering system and finally putting the
newly acquired and drilled wells into production for oil and gas," he added.

"We believe that the Chattanooga Shale on the Cumberland Plateau in
Tennessee will prove to be as economically productive as the Barnett Shale in
Texas and the Marcellus Shale, that stretches from New York through West
Virginia," he added.

"Last year, Consol Energy, Inc. drilled the first horizontal well in the
region that had initial production of 3.9 MMCF of gas per day. That put
theenergy industry on notice that the Chattanooga shale is, in fact, an
economically viable source of natural gas.

"There are several advantages to producing the Chattanooga Shale," Larry
Hillabrandt noted. "The Chattanooga Shale is substantially shallower than the
Marcellus, and Barnett shale with the Chattanooga shale being only about 1,500
to 2,000 feet deep. "In addition we feel the greatest advantage for us is that
there are more than 1,000 abandoned and shut in gas wells in Tennessee that
can be recompleted in the shale. We expect to acquire several hundred of these
wells at a cost of well below what it would cost to drill new wells. This will
be a substantial savings, and give us a competitive advantage we need," he
added.

Industry sources believe the Tennessee Chattanooga shale gas play could
eventually encompass 6,000 square miles and contain 5 trillion cubic feet of
recoverable natural gas.

This Press Release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Act of 1934. A statement identified by the words "expects," "projects," "plans,"
"feels," "anticipates" and certain of the other foregoing statements may be
deemed "forward-looking statements." Although Domestic Energy Corp. believes
that
the expectations reflected in such forward-looking statements are reasonable,
these statements involve risks and uncertainties that may cause actual future
activities and results to be materially different from those suggested or
described in this press release. These include risks inherent in the drilling
of oil and natural gas wells, including risks of fire, explosion, blowout, pipe
failure,casing collapse, unusual or unexpected formation pressures,
environmental hazards, and
other operating and production risks inherent in oil and natural gas drilling
and production activities, which may temporarily or permanently reduce
production or cause initial production or test results to not be indicative of
future well performance or delay the timing of sales or completion of
drilling operations; risks with respect to oil and natural gas prices, a
material decline in which could cause the Company to delay or suspend
planned drilling operations or reduce production levels; and risks relating to
the availability of capital to fund drilling operations that can be adversely
affected by adverse drilling results, production declines and declines in oil
and
gas prices and other risk factors.

For additional information:
DomesticEnergyCorp.com
Larry Hillabrandt
Email Contact

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