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PNI Petroreal Energy (Tier2)

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Share Name Share Symbol Market Type
Petroreal Energy (Tier2) TSXV:PNI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

PetroReal Energy Inc. Announces Director Resignation

25/03/2009 3:56pm

Marketwired Canada


PetroReal Energy Inc. (TSX VENTURE:PNI) ("PetroReal" or the "Corporation")
announces that Patrick McGowan has resigned from the board of directors and as
chairman effective March 25, 2009 to pursue other interests. The Corporation is
undertaking its best efforts to select his replacement. The PetroReal board of
directors and management wishes Mr. McGowan success in his future endeavors.
With the departure of Mr. McGowan, Mr. Ernst Schlotter, director, president and
chief executive officer, assumes the position as chairman of the board.


About PetroReal: PetroReal Energy Inc. is a Calgary, Alberta, Canada based
emerging, TSX Venture Exchange listed company focused on the exploration,
development and production of crude oil and natural gas, primarily in North
America. The Company operations are located in central and southern Alberta,
southwestern Saskatchewan in Canada and Louisiana in the United States.


Forward-looking Statements: This press release contains forward-looking
statements. The words or phrases "would be," "will" "intends to," "will likely
result," "are expected to," "will continue," "is anticipated," "estimate," or
similar expressions are intended to identify "forward-looking statements". The
Corporation's business is subject to various other risks and uncertainties,
which may be described in its corporate filings (www.sec.gov and www.sedar.com).
Statements made herein are as of the date of this press release and should not
be relied upon as of any subsequent date. The Corporation cautions readers not
to place reliance on such statements. Kodiak undertakes no obligation to update
or publicly revise forward looking statements or information unless so required
by applicable securities laws.


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