Petroflow Energy Ltd. to trade on Toronto Stock Exchange

    (TSXV Symbol - PEF; AMEX Symbol - PED)

    CALGARY, Jan. 16 /CNW/ -


    Petroflow Energy Ltd. - (the "Company") - An application has been granted
for the original listing in the Oil and Gas category of up to 34,220,203
common shares of which up to 29,571,094 common shares will be issued and
outstanding and up to 4,649,109 common shares will be reserved for issuance.
    The common shares of the Company will be listed and posted for trading at
the opening on Tuesday, January 20, 2009.

    The Company is subject to the reporting requirements of Section 501 of
    the TSX Company Manual.

    Stock Symbol: "PEF"
    CUSIP: 715918 40 5
    Trading Currency: CDN

    Other Markets: The common shares have been listed on TSX Venture Exchange
(Symbol: PEF) since March 11, 1994 and the NYSE Alternext (AMEX) since July
14, 2008 (Symbol: PED). The common shares will be delisted from TSX Venture
Exchange prior to the opening on January 20, 2009.

    %SEDAR: 00003294E

For further information:

For further information: Head Office Address: 970, 717 - 7th Avenue SW,
Calgary, AB, T2P 0Z3, Telephone Number: (403) 539-4320, Fax Number: (403)
705-0488, Email:, Website:;
Investors Relations: Petroflow Energy Ltd., Mr. John Melton, President & CEO,
Tel: (504) 453-2926, (; Mr. Duncan Moodie, CFO, Tel.:
(403) 539-4311, (; Investor Awareness Inc.: Mr. Tony
Shor or Mr. James Foy, Tel.: (847) 645-2222, (

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