Lighthouse Petroleum Inc. announced that geologist, Mr. R.J. Jordan, Ph.D., has accepted the company's invitation to join its Oil & Gas Advisory Board. Mr. Jordan, Ph.D. is a geologist who currently resides in West Texas, the heart of the Permian Basin. Mr. Jordan, Ph.D. obtained both his Undergraduate and Masters degrees in geology from Boston University and later obtained his Ph.D. from Syracuse University. Former employers for Mr. Jordan, Ph.D. include Amoco, Butler Jordon & Associates, and Garnett Energy. His duties included the responsibility for development of geologic play concepts, basin evaluation, and directing progress of ongoing geologic programs by staff geologists.

Lighthouse Petroleum Inc. announced the results of the Geosensing report conducted by Hawkeye Geosensing Ltd. of Calgary, Canada on the Diamond Springs Prospect, located within the prolific Wind River Basin. Final results indicated a large concentration of potential hydrocarbons in three sections within the acreage where Lighthouse Petroleum Inc. holds a 25% working interest alongside with both G2 Petroleum LLC, of Midland, Texas and Force Energy Corp. The management announced results of the recent study that was commissioned on Wyoming acreage. It provides another piece to the puzzle to better assist in determining the initial location for the inaugural Diamond Springs Wildcat. Additionally, it validates the third party geological report that confirms that the initial test well location should be CSENW of Section 9, T 32N, R 90 for the purpose of evaluating the hydrocarbon potential of the Dakota and Lakota sands stratigraphic traps on the North Diamond Springs Prospect.

Effective October 15, 2008, Well Renewal Inc. will change its name to Lighthouse Petroleum Inc.