HotOilStocks.com - Winfield Resources Ltd. Announces Major Capital Project Developments

    Winfield Resources Limited
Suite 600 - 666 Burrard Street
Vancouver, B.C., V6C 2X8 Canada
T: 604 895 7463
F : 604 688 1320

APRIL REVIEW

/24-7PressRelease/ - ZARZIS, TUNISIA, March 05, 2007 - WINFIELD, Represented by President Robert Michael Foley and Mr. David McClement, P.Eng. consulting Engineer. attended a site inspection at the Port of Zarzis, Tunisia. the WINFIELD delegation was met by three levels of government each keen to see our ambition to build, own and operate a new 300,000 barrel per day oil refinery succeed. Contingent to regulatory acceptance WINFIELD has arranged 100% debt financing subject to certain performance covenants. WINFIELD is now awaiting approval from the Tunisian High Authority to build, own and operate a new 300,000 barrel per day oil refinery.

TRIPOLI, LIBYA
WINFIELD, Represented by President Robert Michael Foley and Mr. David McClement, P.Eng. consulting Engineer. attended a site inspection at the port of Azawiya, Libya. The WINFIELD Delegation made its presentation to Build, Own and Operate a 300,000 barrel per day oil refinery in the ZAWARAH Tax Free Zone. WINFIELD is now following up with a formal application in accord with Libyan Regulatory compliance. WINFIELD also wishes to announce that it has expanded its corporate registration to INCLUDE LIQUID Natural Gas [lng], Co-Generation Facilities and Desalination Facilities; this is in addition to our original registration allowing for WINFIELD to engage in the EPCM of oil refineries.

HIGH LEVEL ALBERTA ETHANOL - FEEDLOT FACILITY
WINFIELD is in possession of a full feasibility report from TDI TECHNOLOGY on a proposed new 20 million litre per year integrated ETHANOL - FEEDLOT Facility. WINFIELD is now engaged in the financing PHASE AND is seeking 100% debt financing.

NORTHERN BRITISH COLUMBIA ETHANOL FACILITY
WINFIELD's consultancy, TDI TECHNOLOGY INC., .has expanded its scope and is NOW REVIEWING three distinct approaches to deriving fuel ethanol from wood waste. particular technology license that uses wood waste as its feed stock to create fuel ETHANOL. The winning licencee will PROVIDE the HIGHEst YIELDS PER DRY TON AND LOWEst COSTS PER LITRE TO PRODUCE FUEL ETHANOL FROM WOODWASTE. WINFIELD will then engage TDI TECHNOLOGY INC., to prepare a full Feasibility Report on a wood waste to ETHANOL Facility for A NORTHERN BC location. Project finance is in place pending acceptance of the full feasibility report.

EAST AFRICA
WINFIELD's application for a non refundable Grant to finance a renewable sustainable fuel ETHANOL Facility using indigenous feed stocks has attained first stage approval. Final approval awaits the consent of the Rwandan Government. WINFIELD is seeking finance to build a 45 million litre per year fuel ETHANOL facility. Existing facilities of this size or greater are currently in commercial production in Thailand


On behalf of the Board

Winfield Resources Limited
Robert Michael Foley
President and CEO

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