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MAXIM ANNOUNCES PRODUCTION RESUMED AT HIGH ISLAND

Vancouver-Maxim Resources Inc. announced today that production has resumed at the company's non-operated High Island 115 B-1 ST No. 2 well, which has been off production since hurricane Ike impacted the Gulf of Mexico in early September. The well will be restricted initially to evaluate repairs to the facilities; however, ultimate production rates are expected to resume at the prehurricane rate of nine million cubic feet per day. The company holds a 20-per-cent working interest and 10.75-per-cent net revenue interest in the well.


On behalf of the Board

Arthur Brown
CEO

For further information, please contact:
Arthur Brown, CEO
(604) 630-0280

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


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