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Message: Petromin Increases Ownership of Terrawest Energy Corp.

Petromin Increases Ownership of Terrawest Energy Corp.

posted on Nov 25, 2009 10:00PM



Attention Business Editors

Petromin Increases Ownership of Terrawest Energy Corp.

VANCOUVER, Nov. 25 /CNW/ - Petromin Resources Ltd. ("Petromin") (TSX.V:

PTR): The Board of Directors is pleased to announce it has unanimously

approved and exercised warrants - purchasing an additional 16,666,667 common

shares of TerraWest Energy Corp. (TWE) - maintaining its holdings in TWE at

approximately 30%

About Petromin Resources Ltd.:

Petromin is a progressive international petroleum and natural gas

exploration and production company listed Tier 1 on the TSX Venture Exchange.

Petromin was ranked 24th of the Top 100 Fastest Growing Companies in BC by

Business in Vancouver in 2009 based on a 704% revenue increase over the past 4

years. Petromin is a major shareholder in TWE and provides professional

services under the terms of a management agreement with TWE.


On behalf of the Board of Directors,

A. Ross Gorrell


Neither TSX Venture Exchange nor its Regulation Services Provider (as

that term is defined in the policies of the TSX Venture Exchange) accepts

responsibility for the adequacy or accuracy of this release.


/For further information: Contact: Mike Suk, VP Corporate Affairs, (604)

682-8831, Website:


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