PTT Primera Energy Resources Ltd.

Primera Energy Resources Ltd. (PERL or the "Corporation") (TSX VENTURE:PTT) is
pleased to provide the following corporate update.


Optimal Block WD-4

The Corporation is pleased to announce that drilling has been completed on the
first two (2) wells in this phase of the drilling campaign. As announced
earlier, PS 266RD, was drilled to a total depth of 5,450' and encountered 270'
of net pay in the Upper and Lower Forest Formations. A service rig is currently
on site completing the well, initially in 131' of net sand pay in the Lower
Forest Formation.


PS 111RD, the second well on the program, was drilled to a total depth of 6,900'
and encountered 295' of net pay in the Forest and Cruse formations. Production
casing was set at 6,853' and the well will be completed, initially in 45' of net
sand pay in the Upper Cruse Formation. Following the completion of PS 266RD, the
service rig will move on location to complete PS 111RD.


Production results will be provided as soon as they become available.

Work is continuing on location preparation for PS 174RD which shall target the
under-exploited Cruse formation, and an infill/replacement well to PS 125 and
will be drilled.


About PERL

PERL is a TSX Venture Exchange listed issuer which currently produces
approximately 400 barrels of oil per day pursuant to a lease operatorship
agreement in South Central Trinidad and has a 16.2% entitlement to the Cory
Moruga 'E' Block. 


READER ADVISORY

Statements in this press release may contain forward-looking information
including expectations of future operations, operating costs, commodity prices,
administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income and oil
taxes, regulatory changes, and other components of cash flow and earnings. The
reader is cautioned that assumptions used in the preparation of such information
may prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the issuer. These risks include, but are not limited to, the risks associated
with the oil and gas industry, commodity prices and exchange rate changes.
Industry related risks could include, but are not limited to, operational risks
in development and production, delays or changes in plans, risks associated to
the uncertainty of reserve estimates, or reservoir performance, health and
safety risks and the uncertainty of estimates and projections of production,
costs and expenses. The reader is cautioned not to place undue reliance on this
forward-looking information.

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