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News

posted on Sep 22, 08 01:31PM

VANCOUVER, Sept. 22 /CNW/ - Further to our May 05, 2008 news release,
Petromin is pleased to announce that current production from the Company's
recently completed second well at Gilby in Central Alberta is at approximately
2 Million Cu. Ft of gas per day with approximately 50 barrels of 32 degree
light gravity crude oil per day adding $115,000.00 per month in net revenues
to the Company which retains 16 2/3 percent interests in the dual producing
well. These Gilby wells are multi-zoned with other formations yet to be tested
after full production of current zones.

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