EGPI Firecreek, Inc. Completes Evaluation for Acquisition of Three Well Work Program

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Mon Jun 29, 2009 10:01am EDT

SCOTTSDALE, Ariz., June 29, 2009 (GLOBE NEWSWIRE) -- EGPI Firecreek, Inc.
(OTCBB:EFIR) is pleased to announce that it has completed its initial evaluation
of an anticipated acquisition and turn-key work program for a 50% working
interest in a program consisting of three existing wells, associated lease
acreage and equipment.

Whitt Oil and Gas, Inc., ("Whitt") has offered a 50% working interest for
participation in the rehabilitation of three (3) existing wells on a turn key
basis, and the rights for the drilling of up to four (4) Barnett Shale wells on
one of the leases. The three existing wells are proved, previously producing
wells, which only need rehabilitation work in order to restore production.
Additionally, the evaluation shows that there are other potential oil producing
formations in each of the wells. The leases are located in Shackelford and
Haskell counties, Texas. Now that the initial evaluation has been completed,
EGPI anticipates the completion of this acquisition for the three well program
to occur within the next 30-45 days.

Dennis Alexander, CEO and President stated, "From our recent merger with M3
Lighting, Inc., we believe we are making progress in diversifying our business
model by strategically acquiring business endeavors with companies that have
substantiated operations and revenue streams." He also stated, "We are now
looking forward to the rebuilding and deployment of our oil and gas operations
which shall commence with a new series of targeted acquisitions starting with
the Whitt three well turn-key work program."

The acquisition of the Whitt Oil and Gas, Inc. three well oil program, its
working interest, lease acreage and equipment is subject to Board of Directors
and other third party, financial, and regulatory approvals.

About EGPI Firecreek, Inc.

EGPI Firecreek, Inc. is historically focused on oil production with an emphasis
on acquiring existing oil fields with proven reserves, the rehabilitation of
potentially high throughput oilfields, resource properties and inventories on an
international basis. Other companies in the oil sector include, Exxon Mobil,
Pantina Oil and Gas Inc., Frontier Oil Inc., and Cabot Oil & Gas Inc.

The EGPI Firecreek, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6259

Safe Harbor

This release contains statements that constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all statements that are
not statements of historical fact regarding the intent, belief or current
expectations of EGPI Firecreek, Inc., its directors or its officers with respect
to, among other things: (i) financing plans; (ii) trends affecting its financial
condition or results of operations; (iii) growth strategy and operating
strategy. The words "may," "would," "will," "expect," "estimate," "can,"
"believe," "potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are cautioned that
any such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond EPGI Firecreek Inc.'s
ability to control, and that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors. More
information about the potential factors that could affect the business and
financial results is and will be included in EGPI Firecreek, Inc.'s filings with
the Securities and Exchange Commission.

-0-
CONTACT:  EGPI Firecreek, Inc.
          Public Relations and Shareholder Information
          Joe Vazquez
          (754) 204-4549
          info@egpifirecreek.net
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