Teton Petroleum Cease Trade Order in Alberta and Ontario Remedied DENVER, March 14 /PRNewswire-FirstCall/ -- Teton Petroleum Company (AMEX:TPE) received notice that the February 21, 2005 cease trade order on the Ontario Stock exchange has been lifted as of March 8, 2005. The cease trade order on the Alberta Stock exchange will be lifted on the morning of March 17, 2005. As a result, Canadian citizens can resume trading Teton's common stock. Teton is continuing its process to de-list from the filing requirements as it is not a Canadian company and no longer listed on a Canadian exchange. The de-listing process in Canada is a regulatory formality and will not affect the tradability of the company's common stock on the American Stock Exchange. This news release may contain certain forward-looking statements, including declarations regarding Teton and its subsidiaries' expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to Teton's management as at the date hereof and actual results may vary based upon future events, both within and without the control of the Teton's management. DATASOURCE: Teton Petroleum Company CONTACT: Gillian D. Kane, Vice President, Investor Relations of Teton Petroleum Company, +1-970-846-1953,

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