CALGARY, July 21 /PRNewswire-FirstCall/ - (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd. is pleased to announce that it has signed a letter of intent and provided required deposit on a purchase of three producing wells, that are equipped with fully operational pump jacks, two phase separators, a total of 5 storage tanks, and one oil treater cold water recycling system. As part of this three producing wells deal, Pemberton will acquire approximately 8 acres of real estate with a three bedroom mobile home to serve as a field office and a 740 Champion Grader to help maintain well sites and access roads. Pemberton will release details and production numbers upon completion of this transaction.

Director Matthew Dodwell states: 'I am very excited, once the acquisition is complete and Pemberton has taken possession of the properties we will take action to minimize costs, and maximize production. This is an excellent opportunity for Pemberton. All the data gathered on the properties, and the immediate surrounding area is showing signs of real potential using minimal costs to maximize profit. With the acquisition of the properties, Pemberton has secured a revenue stream, multiple doors of opportunity, and various assets needed to continue forward in a productive manner, thus stabilizing the company as a whole'.

Pemberton Energy Ltd's principal business is the acquisition, exploration and development of petroleum properties. The company continues to focus on its primary corporate objective: the creation of value for shareholders by identifying oil and gas accumulations with relatively low geological risk but with substantial reserve potential.

For additional information please contact the Company at 604-269-9801 or info@pembertonenergy.ca

On Behalf of Pemberton Energy Ltd.

Ms. 'Miroslava Antonuk'

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Miroslava Antonuk, Director

TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS

HEREIN

SOURCE Pemberton Energy Ltd.