Progress Energy to Present at EnerCOM's 2009 Oil & Gas Conference



    CALGARY, Aug. 10 /CNW/ - (TSX - PRQ) Progress Energy Resources Corp.
("Progress" or the "Company") today announced that it will be presenting at
the 2009 Oil & Gas Conference in Denver, Colorado.
    Mr. Daniel Topolinsky, Executive Vice President, Exploration and
Development, will present at 4:00 p.m. (Denver and Calgary time), on Tuesday,
August 11. Interested investors may access the presentation on Progress'
website at www.progressenergy.com or by audio webcast accompanied by
presentation slides at http://theoilandgasconference.com/webcast.shtml

    Progress is a Calgary based, mid-size energy company primarily focused on
natural gas exploration, development and production in northwest Alberta and
northeast British Columbia. Common shares of Progress are listed on the
Toronto Stock Exchange under the symbol PRQ.

    Advisory Regarding Forward-Looking Statements

    Forward Looking Statements - Certain information regarding Progress set
forth in this document, including management's assessment of Progress's future
plans and operations, contains forward-looking statements that involve
substantial known and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain of which
are beyond Progress's control, including the impact of general economic
conditions, industry conditions, volatility of commodity prices, currency
fluctuations, imprecision of reserve estimates, environmental risks,
competition from other producers, the lack of availability of qualified
personnel or management, stock market volatility and ability to access
sufficient capital from internal and external sources. Progress's actual
results, performance or achievement could differ materially from those
expressed in, or implied by, these forward-looking statements and,
accordingly, no assurance can be given that any of events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so,
what benefits that Progress will derive therefrom.

    %SEDAR: 00020978E




For further information:

For further information: Greg Kist, Vice President, Investor Relations
and Marketing, Progress Energy Resources Corp., at (403) 539-1809,
(gkist@progressenergy.com)


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