Petromin to commence additional development drilling - in close proximity to major Ellerslie Gas Discovery - on its Gilby lands in Central Alberta

    TSX.V Symbol: PTR

    VANCOUVER, March 17 /CNW/ - Petromin Resources Ltd. (TSX.V: PTR)
announces that it will commence additional development drilling on its lands
in the Gilby area of Central Alberta. The new location will be drilled midway
between its producing lower Ellerslie well which is currently producing
approximately 500 mcf per day and a new lower Ellerslie gas discovery
currently producing at an average rate of 2.88 mmcf per day. The new location
which is planned to commence within a month is directly offset by a gas
pipeline. Petromin retains a 16.666 % working interest in the new location.

    On Behalf of the Board of Directors

    Dr. A Ross Gorrell

    %SEDAR: 00003156E

For further information:

For further information: Petromin Resources Ltd., TSX.V Symbol: PTR,
390-1090 W. Georgia St., Vancouver, B.C., V6E 3V7, T. (604) 682-8831, F. (604)

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Petromin Resources Ltd.

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