Petromanas Energy Inc.

BAAR, Switzerland, July 15 /CNW/ - Petromanas Energy Inc. ("Petromanas") (TSXV:PMI) announces that Mr. Erik Herlyn has resigned as President and CEO effective immediately. Mr. Verne Johnson, Chairman of the Board, will be the interim CEO until a new CEO is appointed.

The Board of Directors would like to thank Mr. Herlyn for his contributions to Petromanas and wishes him well in his future endeavours.

About Petromanas Energy Inc.

Petromanas is an international oil and gas company focused on the exploration and development of its assets in Albania that possess world-class resource potential. Petromanas, through its wholly-owned subsidiary, holds three Production Sharing Contracts ("PSCs") with the Albanian government. Under the terms of the PSCs, Petromanas has a 100% working interest in six onshore blocks (Blocks A, B, D, E, 2 and 3) that comprise more than 1.7 million acres across Albania's Berati thrust belt.

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.

SOURCE Petromanas Energy Inc.

For further information: For further information: Gordon Keep, Corporate Secretary, Tel: (604) 609-6110, Website: www.petromanas.com; Vanguard Shareholder Solutions, Tel: (604) 608-0824, Toll Free: 1-866-918-0824

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Petromanas Energy Inc.

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