Additional Drilling to Commence on Petromin's Redwater Lands in Central Alberta June 2008



    TSX.V Symbol: PTR

    VANCOUVER, June 2 /CNW/ - Petromin Resources Ltd. (the "Company" TSX.V:
PTR) is pleased to announce that it has successfully farmed out, at no cost to
the company, the drilling of its 50% working interest in the 8th well (LSD 2
of Section 36 TWP 55, RGE 21 W4M) on its Redwater lands in Central Alberta.
The Company will retain a non-convertible 11% gross overriding royalty on all
production revenues from this well. The Company has identified a 9th drilling
location on its Redwater lands and anticipates additional drilling upon the
completion of the LSD 2 well.
    The Company's current domestic Gross Production is at approximately 240
BOED being 60% oil and 40% gas.

    On behalf of the Board of Directors,

    A. Ross Gorrell
    Co-Chairman and President

    %SEDAR: 00003156E




For further information:

For further information: Petromin Resources Ltd., 390-1090 W. Georgia
St., Vancouver, B.C., V6E 3V7, T. (604) 682-8831, F. (604) 682-8683

Organization Profile

Petromin Resources Ltd.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890