Forest Gate To Drill Four Coalbed Methane Wells

Fully Funded Drilling Program to Commence Immediately

Montreal, QC - November 13, 2007 - Forest Gate Resources Inc. reports that it has entered into a joint venture agreement with Emerald Bay Energy Inc., Calgary, to acquire a working interest (see table below) in an Alberta property, which potentially hosts natural gas in coalbed methane.

Leases have been acquired by the consortium for the drilling of four coalbed methane (CBM) test wells in the Nevis area, located in Central Alberta. All four wells are scheduled to be drilled by the end of the fourth quarter of 2007. And Forest Gate's commitment to the four well drilling program is fully funded.

Four Nevis wells will be drilled in the Horseshoe Canyon Coalbed Methane fairway and completed consecutively to a total depth of 425 metres. These proposed locations are directly offsetting highly productive existing coalbed methane producers. Offset wells have had initial daily production rates between 125 and 400 thousand cubic feet of gas per day**.

The Horseshoe Canyon, has the largest deposits of coalbed methane in Canada. Estimates for the amount of gas from coalbed methane that can be recovered from this area in its entirety are between six and fifteen trillion cubic feet***.

Partners - Nevis Area License

*Subject to JFEC's gross overriding royalty or if wells not producing

The Nevis property is located in Twp 39, Rge 22 W4M, approximately 22 miles East of Red Deer, Alberta.

The project Operator is Emerald Bay Energy Inc. headquartered in Calgary, Alberta, with land holdings and operations in Alberta and South Texas.

Just Freehold Energy (JFEC), Calgary, is another partner in the consortium. The private Canadian energy company is focused on finding and developing oil and natural gas rights owned by individual freehold owners in a just and economically efficient manner. JFEC uses leases drafted by the Freehold Owners Association (FHOA), as opposed to energy industry lawyers, which are designed to fairly balance the rights of the freeholder with those of the energy company. One of the main advantages of using this type of lease for Forest Gate and its partners is that royalties are capped at 28% and are therefore not affected by the rising royalties in Alberta.

"We are excited to be working with Emerald Bay," said Michael Judson, President and CEO of Forest Gate. "We believe they understand this geological environment very well and success here would create cash flow and could lead to other interesting new projects."

** Initial production rates are quoted from Accumap, a geological program used throughout the Alberta industry,
http://energy.ihs.com/Products/Accumap/index.htm

*** Energy Brief- Horseshoe Canyon- The Potential for Coalbed Methane Development, National Energy Board, June 2007

About the Company
Forest Gate Resources Inc. is an international oil & gas exploration company. The company is seeking to increase shareholder value through participation and development of oil & gas exploration and production projects in Ireland and Canada. The Company's shares trade under the symbol FGT on the TSX Venture Exchange.

For more information please contact:

Robert Kramberger,
V-P, Investor Relations
1-866-666-3040
rkramberger@forestgate.ca
www.forestgate.ca

FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf. The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this news release.