Ronald Mathison Announces Acquisition of Trust Units of Pantera Drilling Income Trust

    CALGARY, June 16 /CNW/ - Ronald Mathison announced today that from
November 22, 2008 to June 15, 2009, he acquired beneficial ownership of
494,408 trust units (the "Trust Units") of Pantera Drilling Income Trust
("Pantera") pursuant to the Distribution Reinvestment Plan of Pantera (the
"Plan"). Mr. Mathison now beneficially owns or exercises control and direction
over, directly and indirectly, an aggregate of 4,964,596 Trust Units. This
represents an approximate 54.47% interest in Pantera based upon the 9,114,876
Trust Units currently outstanding. Mr. Mathison may, from time to time,
acquire additional securities of Pantera.

    %SEDAR: 00023106E

For further information:

For further information: Lorna Pollock at (403) 515-8400 or

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