Pemberton Energy Ltd. - Debt Settlement



    CALGARY, April 4 /CNW/ - Pemberton Energy Ltd. (the "Company"), wishes to
advise that a settlement by way of 885,085 shares at a deemed price of $0.26
per common share and 701,816 share purchase warrant with an exercise price of
$0.50 for a one year period and $0.55 for the second year has been completed,
and such shares are subject to a hold period expiring on July 20, 2007.

    Pemberton Energy'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.

    On Behalf of Pemberton Energy Ltd.

    Miroslava (Antonuk) Antoniouk

    -------------------------------------------
    Ms. Miroslava (Antonuk) Antoniouk, Director

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





For further information:

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

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PEMBERTON ENERGY LTD.

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