NEWS RELEASE

2 May 2005

Eastcoast Energy Corporation Files 2004 Statement of Reserves data; MD&A and Financials

On April 29, 2005, EastCoast Energy Corporation filed with the securities regulatory authorities in Canada its statement of reserves data for the year ended December 31, 2004, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities of the Canadian Securities Administrators. The filing which is made on the System for Electronic Document Analysis and Retrieval ("SEDAR") and includes the statement of reserves data, dated as of December 31, 2004, the reports of its independent qualified reserves evaluator, McDaniel & Associates Consultants Ltd., and the related report of management and directors.

EastCoast Energy also announces that it has filed the Management Discussion and Analysis and Audited Consolidated Financial Statements for the year ending December 31, 2004. EastCoast Energy previously announced its results for the fourth quarter, 2004 and year ending December 31, 2004 in a press release dated April 21, 2005.

An electronic copy of these documents may be obtained on EastCoast Energy's SEDAR profile at www.sedar.com.

For further information please contact:

Peter R. Clutterbuck, CEO
+44 (0) 7768 120727

Nigel A Friend, CFO
+255 (0)22 2138737

or visit the Company's web site at www.orcaexploration.com.
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