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Perth, May 5, 2008 (ABN Newswire) - Sun Resources NL (ASX:SUR)(PINK:SNRDF) Forecast FY'08 operating revenues of US$2.0 million from existing oil & gas production.

A summary of the Investor Roadshow for May 2008 by Managing Director Matthew Battrick is below. For the full Presentation please visit the following link:

http://www.sunres.com.au/pdf/SUR%20Investor%20Briefing%20May%202008.pdf

- Record gas production in March 2008 from US assets

- Significant exploration up-side onshore Thailand, with analogues to CVN's Phetchabun Basin Oil Fields (up to 3,940 bopd per well) and the prolific Sirikit Oil Field that has produced in excess of 200 mmboe, has >200 mmboe reserves and is currently producing at ~30,000 bopde

- Potential to add significant reserves and production from 3D seismic over Flour Bluff in 2008 followed by drilling campaign

- Prospect inventory enhancement nearing completion with high impact Redback Project to be tested in late 2008

- High impact exploration project offshore Malta, with billion barrel potential

- Leveraging strong cash flow into high impact opportunities


About SUN RESOURCES NL

Sun Resources NL is an Australian company, which is engaged in oil and gas exploration and investment. The Company operates in two segments: corporate administration and exploration. As of June 30, 2007, the Company participated in the drilling of seven oil and gas wells (six wells on South Texas Project Margarita prospects and one on a development project in the Lake Long Field area in Louisiana) and in a number of work overs and completions. Its exploration and production emphasis is on both oil and gas in conventional geological settings and within conventional reservoirs, principally located in Texas (Flour Bluff Gas Project, Project Margarita and Project Redback on the South Texas Gulf Coast), Louisiana (Lake Long Project) and California (Eagle Oil/Gas Development Project in the San Joaquin Basin). Its subsidiaries include Nieuport Pty Ltd, Sun Resources (New Caledonia) Pty Ltd, Sun Resources (NSW) Pty Ltd and Highland Petroleum Limited.


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