Georox Releases Presentation on Trinidadian Oil-Prone Acreage

KELOWNA, BC, Sept. 29 /CNW/ - Georox Resources Inc. ("Georox" or the "Company") (GXR:TSX-V; OF6A:FRA) has released a power point presentation based on the North Marine Block ("NMB") and has posted the presentation on the Company's website at www.georoxresources.com. The NMB is the property that Gulf Central Limited was awarded in the recent competitive bid conducted by the Government of Trinidad and Tobago. Gulf Central Ltd. is a new company 80% owned by Georox and 20% owned by Carbon Dioxide Caribbean Holdings Ltd.

Certain statements in this press release are forward-looking statements. Specifically, forward-looking statements relating to management's approach to operations, estimates, business plans for drilling and development, estimated amounts and timing of capital expenditures, anticipated operating costs, royalty rates, anticipated access to infrastructure or other expectations, beliefs, plans, goals, objectives, assumptions and statements about future events or performance. The reader is cautioned that the assumptions used in the preparation of such information, although considered reasonable by Georox at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Such factors include, but are not limited to: general economic, market and business conditions; industry capacity; competitive action by other companies; fluctuations in the oil and gas prices; the results of exploration and development drilling and related activities; the uncertainty of estimates and projections relating to productions, costs and expenses; uncertainties as to the availability and cost of financing; fluctuations in currency exchange rates; the imprecision in reserve estimates; risks associated with oil and gas operations, such as operational risks in exploring for, developing and producing crude oil and natural gas; risks and uncertainties involving geology of oil and gas deposits; the weather in the Company's area of operations; the ability of suppliers to meet commitments; changes in environmental and other regulations; actions by governmental authorities including changes in laws and increases in taxes; decision or approvals of administrative tribunals; risks in conducting foreign operations; the effect of acts of, or actions against international terrorism; and other factors, many of which are beyond the control of Georox. There is no representation by Georox that the actual results achieved during the forecast period will be the same in whole or in part as those forecast.

For further information: Burkhard Franz, Georox Resources Inc., [phone]; or visit the Company's website at www.georoxresources.com