TEZ Triton Energy Corp.

Triton Energy Corp. ("Triton" or the "Corporation")(TSX VENTURE:TEZ) provides
the following update with respect to a deep test well in which the Corporation
is participating in the Tay River area in the foothills of Alberta (the "Test
Well") and Triton's current near term drilling plans.


The Test Well, located at 16-27-35-11W5M, has been drilled to a measured depth
of 5,420 meters (5,246 meters true vertical depth) and logging operations have
been completed. The primary target, a Leduc reef formation, was not present in
the Test Well. The operator intends to abandon the open hole portion of the Test
Well and set a cement plug across the base of the intermediate casing to enable
future evaluation of one zone of potential interest that flowed natural gas
during the drilling operations. Triton has earned a 12.5% working interest in
the Test Well, Section 27-35-11W5M and ten (10) additional contiguous sections
of land.


Triton currently plans to drill two (2.0 net) operated wells commencing in June,
following breakup. One of these wells will be located in the South Sullivan Lake
area targeting medium gravity oil in the Ellerslie formation at a depth of
approximately 1,200 meters. The second well will be located in the Newton area
targeting natural gas in the Ellerslie and Sparky formations at a depth of
approximately 1,225 meters.


Additionally, the Corporation has been and will continue to review potential
acquisition opportunities.


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 and Cautionary Statements

This news release may include forward-looking statements including opinions,
assumptions, estimates and management's assessment of future plans and
operations, timing of evaluation of wells, number and location of wells to be
drilled and timing of drilling of wells. 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, 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.

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