Pyramid Petroleum Engages CHF Investor Relations



    CALGARY, Feb. 19 /CNW/ - Pyramid Petroleum Inc. (TSXV: PYR) today
announced it has signed an agreement, effective February 15, 2008, with CHF
Investor Relations ("CHF"), for investor relations and market-making services.
    CHF's niche role is acting as a public company's outsourced, low-cost
equivalent to an internal investor relations department. With Canadian offices
in Toronto and Calgary, and international offices in Sco Paulo, Brazil, and
Shanghai, China, CHF serves an international portfolio of TSX/Venture-listed,
and companies seeking to list on the TSX, that operate in a broad range of
industries, including oil & gas, mining exploration and producers,
telecommunications, high-tech, niche financial products, business and
industrial solutions.
    CHF will provide investor relations and market-making services for a term
of twelve months at a rate of $7,500 per month. In addition, the Company has
agreed to grant CHF incentive stock options to purchase Pyramid shares in the
amount of 100,000 at $0.70 and 100,000 at $1.00 valid for a term of five
years. The stock option grant is subject to approval from TSX Venture. CHF's
role includes development of Pyramid's communications materials as well as
assistance in public disclosure requirements to ensure Pyramid communicates
effectively with investors. CHF will also answer investor questions, set up
investor meetings and proactively share the Pyramid story with professional
investors. CHF does not currently have any interest, directly or indirectly in
Pyramid.

    Disclaimers

    The TSX Venture Exchange has neither approved nor disapproved of the
    contents hereof.

    Except for statements of historical fact, all statements in this press
release, without limitation, regarding new projects and future plans and
objectives are forward-looking statements which involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate; actual results and future events could differ materially from those
anticipated in such statements.





For further information:

For further information: Faisal Chaudhary, V.P. Marketing, Pyramid
Petroleum Inc., faisal@pyramidgom.com, (713) 622-5550 x 110,
www.pyramidpetroleum.com; CHF Investor Relations, Cathy Hume, CEO,
cathy@chfir.com, (416) 868-1079 x 231; Michael Borovec, Associate Account
Manager, michael@chfir.com, (416) 868-1079 x 229

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PYRAMID PETROLEUM, INC.

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CHF INVESTOR RELATIONS

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