Pemberton adds two shale gas targets to its oil play

    CALGARY, May 15 /CNW/ - (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd.
("Pemberton") is pleased to announce that after further evaluation by our
geological team of the recently drilled two vertical wells on our Gage Peace
River Arch Property we have identified two thick shale gas plays in our 10-15
well from a depth of 1040 m to 1078 m and in the 6-15 well from a depth of
1052m to 1082 m. Additional analysis and reserve calculation will be conducted
by third party consultants to further asses the data acquired from these two
vertical wells. Pemberton holds 100% Working Interest with a 75% Beneficial
Interest in these two wells.
    A copy of the well log related to the shale gas findings will be
available on the company's corporate web site www.pembertonenergy.ca. These
two shale gas plays sit above the Montney oil play previously announced on May
13, 2008.
    President Richard Saxon states: "Management is pleased with these new
findings that have just been qualified. Shale gas plays have only recently
come to light in Canada as new drilling, fracing and completion techniques,
such as fracing with propane gel, have become available. We feel adding these
two shale gas plays to the equation will add shareholder value and contribute
to the growth of Pemberton".
    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"

    -----------------------------
    Miroslava Antonuk, Director

    TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS
    HEREIN

For further information: please contact the Company at (604) 269-9801 or
info@pembertonenergy.ca