Ronald Mathison announces acquisition of trust units of Pantera Drilling
Income Trust

CALGARY, April 16 /CNW/ - Ronald Mathison announced today that from June 16, 2009 to April 15, 2010, he acquired beneficial ownership of 535,802 trust units (the "Trust Units") of Pantera Drilling Income Trust ("Pantera") pursuant to the Distribution Reinvestment Plan of Pantera. Mr. Mathison now beneficially owns or exercises control and direction over, directly and indirectly, an aggregate of 5,500,398 Trust Units. This represents an approximate 56.6% interest in Pantera based upon the 9,715,016 Trust Units currently outstanding. Mr. Mathison may, from time to time, acquire additional securities of Pantera.

%SEDAR: 00023106E

SOURCE PANTERA DRILLING INCOME TRUST

For further information: For further information: please contact Lorna Pollock at (403) 515-8400 or lpollock@panteradrilling.com

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PANTERA DRILLING INCOME TRUST

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