Forest Gate Announces Details of 2008 Offshore Drill Program
Program Focused on Appraisal of the Hook Head Oil Field
Further Appraisal Well Planned for Dunmore Oil Discovery

Montreal, QC - June 19, 2008 - Forest Gate Resources Inc., together with its partners, is pleased to announce details of the upcoming 2008 drilling program offshore Ireland. The semi-submersible drilling rig GlobalSantaFe Arctic 2 has been confirmed for a two firm plus one option well program in the North Celtic Sea Basin, offshore southern Ireland. Drilling activities are expected to commence in August 2008.

The 2008 drilling program has been agreed following the evaluation of data collected during last year's successful 50/11-3 oil discovery on the Hook Head structure. Post drill analysis by operator, Providence Resources, suggests prospective resources of up to 60 million barrels of oil recoverable based on stock tank oil initially in place of approximately 390 million barrels of oil. A number of further appraisal well locations have since been identified across the Hook Head structure with the north-west sector being the first to be evaluated as part of the 2008 program. This well location is interpreted to be structurally higher than the 50/11-1 well which encountered approximately 100ft of net hydrocarbon bearing sands of Lower Cretaceous age and is therefore considered to be a relatively low risk location. The results from the initial well will be used in deciding the location of all subsequent wells in the 2008 program. This drilling program has been designed not only to further demonstrate the extent and magnitude of the Hook Head oil field but also to provide important information on deliverability, which is a key element in any future commercial development.

Furthermore, ongoing studies in the Celtic Sea have highlighted significant oil potential in an adjacent discovery known as Dunmore, which is located in blocks 50/6 & 7 and is some 20 kilometres from Hook Head. The 50/6-1 Dunmore discovery well flowed at approximately 2,100 BOPD of 44o API oil from Jurassic sands and updated mapping has revealed an optimal appraisal well location on the structure approximately 500ft up-dip from the original well. A site survey has been acquired for this location and well planning is being finalised. Providence's re-analysis of existing seismic data, together with a reevaluation of the drill stem test data from the discovery well, suggest that the main structure contains contingent resources of approximately 18 million barrels of oil.

«With Dunmore's potential as a stand alone producer, we have yet another chance at establishing oil production in the Celtic Sea», said Michael Judson, President and CEO of Forest Gate Resources. «Our opportunity for success is effectively doubled.»

All technical figures, such as resource estimates and flow rates, included in this release have been provided to Forest Gate and reviewed by operating company, Providence Resources.

Contingent Resources - Those quantities or petroleum estimated as of a given date to be potentially recoverable from known accumulations by application of development projects but which are not currently considered to be commercially recoverable due to one or more contingencies. Contingent resources are a class of discovered recoverable resources.

Prospective Resources - Those quantities of oil and gas estimated, as of a given date, to be potentially recoverable from undiscovered or untested accumulations by application of future development projects.

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