Petromin announces drilling in Morningside prospect


VANCOUVER, Sept. 28, 2011 /CNW/ - Petromin Resources Ltd. ("Petromin" or, the "Company") is pleased to announce that the Company is commencing the drilling and recompletion of a number of prospects it currently controls in Central Alberta.

The first project (awaiting rig availability) is for the immediate drilling of an oil prospect in the Morningside area (NE/4 of section 23) offsetting a Manville dual zone oil/gas producer that has so far produced approximately 166,000 boe ( (barrel of oil equivalent) to date, with an initial flow rate of approximately 378 barrels of oil per day along with one million cu. ft. of gas per day. Additional locations have been identified depending on the success of this first well. The Company retains a gross overriding royalty before payout, convertible to a 25% working interest after payout. The well will be drilled at no cost to Petromin.

A number of recompletions are also scheduled for the Company's Frog Lake and Gilby areas with significant increases in production anticipated after the recompletions.

About Petromin Resources Ltd.

Petromin is progressive international petroleum and natural gas exploration and production Company listed Tier 1 on the TSX Venture Exchange. Petromin was ranked 24th of the Top 100 Fastest Growing Companies in BC by Business in Vancouver in 2009 based on a 704% revenue increase over the previous 4 years.

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 Petromin Resources Ltd.

For further information:


390-1090 W. Georgia St.

Vancouver, B.C. V6E 3V7

Telephone: (604) 682-8831

Fax: (604) 682-8683

Attn: Ross Gorrell

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Petromin Resources Ltd.

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