Triton Energy Corp. ("Triton" or the "Corporation") (TSX VENTURE:TEZ) announced
today that it has reached an agreement to sell to an arm's length party 100% of
its interests in three producing wells and associated land in the Inland area
for $3.25 million in cash, subject to closing adjustments, effective October 1,
2008. Closing is subject to certain conditions including executive approval of
the purchaser, due diligence, and execution of a final purchase and sale
agreement. Triton's current production from the Inland property is approximately
750 mcf of natural gas per day (125 barrels of oil equivalent per day). The
proceeds from this sale will be used to fund Triton's ongoing exploration and
development program. Closing is expected to occur on or before November 20,
2008.


At Newton, Triton has received pipeline permit approval for the tie-in of a
previously announced, operated 100% working interest dual zone gas well. Tie-in
operations are commencing with production expected to commence on or about
December 1, 2008. At Sullivan Lake, Triton is proceeding with the tie in of a
previously announced operated 100% working interest light oil well with
production expected to commence on or about December 1, 2008. At Lanaway, tie in
operations are proceeding on a non- operated 50% working interest dual zone
light oil and natural gas well with production expected to commence on or about
November 15, 2008.


With these three (2.5 net) wells successfully on production and accounting for
the sale of the production at Inland, Triton anticipates a 2008 year-end exit
production rate of approximately 1,100 barrels of oil equivalent per day.


Triton is a Calgary, Alberta based corporation engaged in the exploration,
development and production of petroleum and natural gas. The Corporation's
common shares are listed on the TSX Venture Exchange under the trading symbol
"TEZ".


Forward-Looking Statements

This news release may include forward-looking statements including opinions,
assumptions, estimates and management's assessment of future plans and
operations, timing of tie in of wells, commencement of production from wells and
year-end production rate. When used in this document, the words "anticipate,"
"believe," "estimate," "expect," "intent," "may," "project," "plan", "should"
and similar expressions are intended to be among the statements that identify
forward-looking statements. Forward-looking statements are subject to a wide
range of risks and uncertainties, and although the Corporation believes that the
expectations represented by such forward-looking statements are reasonable,
there can be no assurance that such expectations will be realized. Any number of
important factors could cause actual results to differ materially from those in
the forward-looking statements including, but not limited to, risks associated
with oil and gas exploration, development, exploitation, results from testing,
production, marketing and transportation, the volatility of oil and gas prices,
currency fluctuations, the ability to implement corporate strategies, the state
of domestic capital markets, the ability to obtain financing, incorrect
assessment of the value of acquisitions, failure to realize the anticipated
benefits of acquisitions, changes in oil and gas acquisition and drilling
programs, delays resulting from inability to obtain required regulatory
approvals, delays resulting from inability to obtain drilling rigs and other
services, delays in tie-in operations, results from testing, environmental
risks, competition from other producers, imprecision of reserve estimates,
changes in general economic conditions and other factors more fully described
from time to time in the reports and filings made by Triton with securities
regulatory authorities. Readers are cautioned not to place undue reliance on
forward-looking statements, as no assurances can be given as to future results,
levels of activity or achievements. Except as required by applicable securities
laws, the Corporation does not undertake any obligation to publicly update or
revise any forward-looking statements.


Disclosure provided herein in respect of barrels of oil equivalent ("boe") may
be misleading, particularly if used in isolation. A boe conversion ratio of
6,000 cubic feet of natural gas to 1 barrel of oil is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead.


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